XRP ETF Inflows Have Collapsed 79% Since May as the CLARITY Act Stalls, Is $1 About to Break?

In the latest XRP News, Ripple XRP traded near $1.03 after a 1.24% 24-hour decline, leaving the token testing its psychologically critical $1 support zone as legislative momentum in Washington grinds to a halt.

The U.S. Senate’s decision to move consideration of the Digital Asset Market CLARITY Act past its August 7 recess leaves September 14 as the earliest plausible window for floor action rather than a confirmed voting date.

That delay deprives the market of a near-term catalyst and forces institutional buyers to evaluate whether regulatory clarity can materialize before the 2026 midterm election cycle takes over Congress.

The legislative setback highlights a persistent gap between regulatory expectation and legislative execution in crypto regulation.

While agency-level interpretations have acknowledged the token’s commodity treatment, asset managers and corporate balance sheets continue to delay large-scale commitments until Congress embeds those definitions directly into federal statute.

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