Crypto

XRP Surges 24.9% After Trump Endorses Clarity Act

Guavy AI Editorial Team Published August 22, 2026

Instruments

XRP

President Trump's public endorsement of the Clarity Act sent XRP soaring 24.9% in just 24 hours on August 20, 2026, while the broader market fell.

The bill's passage would benefit Ripple more directly than it would XRP, as it aims to formalize digital-asset regulation and provide clarity for companies like Ripple that interface with traditional finance.

XRP is currently up 21.5% in the last 24 hours, after President Trump urged Congress to pass the Clarity Act alongside key industry leaders, including Ripple CEO Brad Garlinghouse.

The Wire

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