XRP Soars on White House Crypto Summit Hopes and Clarity Bill Vote
XRP has been on a tear lately, rising by over 15% in just one day to trade at $1.46. Analysts suggest that this momentum will continue, with some predicting that XRP could reach $2 by next Monday.
The recent price surge can be attributed to several factors, including the White House crypto summit held on August 19, where Ripple CEO Brad Garlinghouse attended alongside President Trump and other prominent figures in the industry. The excitement was palpable as XRP ETFs saw notable inflows as the price moved upward.
The CLARITY Act Senate vote is scheduled for September 15, with odds of it passing having dropped to as low as 10% in some markets. However, a favorable vote could give XRP another boost and push its price even further.