XRP Turns Profitable Amid Easing Geopolitical Tensions and CLARITY Act

XRP has turned profitable as an on-chain metric suggests a shift from fear to profit-taking. The token's price surge of nearly 7% over the past week is driven by investors assessing the long-term implications of the U.S. CLARITY Act and easing geopolitical tensions.

According to Santiment, XRP's 30-day Market Value to Realized Value (MVRV) ratio has risen above the neutral line, indicating that short-term holders are holding unrealized gains rather than losses.

The platform notes that the market has moved beyond the 'buy the fear' environment, but current readings do not suggest excessive overheating. However, analysts warn of potential profit-taking if bullish momentum begins to fade.