XRP Issuer Ripple Relaunches CLARITY Act Push Backed by 200+ Groups

XRP News

The company behind XRP has revived its public push for United States crypto market-structure rules, returning its branded CLARITY Act truck to Washington, D.C. on July 14. The rolling display carried the message ‘the path to clarity’ as lawmakers, staff and industry advocates weighed the digital-asset framework. Ripple frames the bill as a route to transparent token rules, stronger consumer protection and preserved US competitiveness, and more than 200 organizations have urged Senate leadership to bring the measure to the floor. XRP, a leading altcoin and the sixth-largest cryptocurrency by market value, sits at the center of the lobbying effort as the legislative calendar tightens.

Momentum has slowed because several Senate Democrats are withholding support until the bill tightens ethics rules, anti-fraud standards and market-manipulation safeguards. Senator Elizabeth Warren has criticized the legislation for lacking ethics limits, while Senator Chris Van Hollen proposed an amendment targeting conflicts of interest between senior government officials and the crypto industry — a measure that failed. Democrats seeking changes want provisions barring top officials, including the president, from profiting from crypto holdings while in office. Consumer protection is a second sticking point, with lawmakers demanding stricter anti-fraud provisions and manipulation safeguards before they cross the aisle to back the wider market-structure package.

The Senate Banking Committee advanced its digital-asset market-structure text on a bipartisan 15-9 vote, placing the bill on the Senate calendar. Those steps do not guarantee a floor vote or final passage, and the proposal still needs to be reconciled with the Senate Agriculture Committee, then potentially with the House-passed CLARITY Act. Research analysts have trimmed the odds of enactment in 2026 from about 60% to roughly even, citing the absence of a scheduled floor date, no motion to proceed, and unresolved differences between the two committees’ drafts. A Republican majority of 53 seats against 45 Democrats and two aligned independents means the measure likely needs 60 votes to overcome a filibuster.

In Asia, Japan advanced its own regulatory agenda as the upper house of the Diet passed an amendment to the Financial Instruments and Exchange Act, the country’s core securities law. The revision moves crypto assets toward treatment under a securities-style framework, a shift that could reshape how tokens are taxed and supervised across Japanese exchanges. The change lands as regional policymakers accelerate rulemaking for digital assets, and it stands in contrast to the slower, more contested US process. For XRP holders, a clearer statutory status in a major Asian market matters, given the token’s deep exchange liquidity and long-standing retail following across the region.

Ripple chief executive Brad Garlinghouse also drew attention this week with a keynote appearance that reinforced the firm’s regulatory messaging. Garlinghouse has publicly backed the CLARITY Act as an opportunity to establish workable oversight for crypto markets, arguing that clear rules protect consumers while supporting responsible innovation. His remarks extended a coordinated advocacy effort in which the company pairs executive commentary with grassroots-style public displays such as the touring truck. The CEO’s continued visibility keeps XRP’s issuer at the front of the US policy conversation, even as the decisive contest plays out inside Senate committees rather than in public-relations campaigns.

Broader market flows framed the week as spot Bitcoin and Ethereum exchange-traded funds recorded fresh capital movement, a closely watched gauge of institutional demand. Weekly data showed Bitcoin near $63,807, up 1.2%, and Ethereum around $1,859, gaining 7.0%, while XRP traded flat near $1.09 and Solana slipped 3.2% to about $75.37. The divergence highlighted rotation into large-cap assets even as XRP consolidated, with derivatives data pointing to cautious positioning across altcoins amid broader bear-market anxiety. For XRP, the muted weekly move underscored how much its next directional break may hinge on the US legislative outcome.

Our reading of COINOTAG’s proprietary 42-indicator composite S/R scoring engine places immediate resistance at $1.0991, rated a STRONG 77/100 on the confluence of a low-volume node, the Ichimoku Kijun and the R1 pivot — a level XRP is testing directly against a live spot of $1.0965 as of writing. Beneath price, the engine scores $1.0849 support at 72/100, anchored by the Fibonacci 0.114 retracement and an Ichimoku Tenkan cross. Derivatives show a modest positive funding rate of 0.0025% and $677 million in open interest, but a lopsided 3.35 long/short ratio (77% long) signals crowded bullish positioning vulnerable to a flush. With RSI at 46.24, a bullish MACD against a broader downtrend and a Fear & Greed reading of 28 (Fear), a clean break above $1.0991 opens $1.1259; losing $1.0849 invalidates the near-term bullish case.