XRP Holds Near $1 as Senate Delays CLARITY Act Vote to September
Updated
Updated · pluang.com · Aug 7
XRP Holds Near $1 as Senate Delays CLARITY Act Vote to September
3 articles · Updated · pluang.com · Aug 7
Summary
XRP traded just above $1 after the U.S. Senate postponed a vote on the CLARITY Act, pushing back hopes for clearer federal rules on how digital assets are classified.
The delay cooled near-term optimism because the bill is seen as a key step toward reducing regulatory uncertainty for tokens such as XRP.
September is now the earliest window for a vote after senators left for summer break, with the holdup tied to disputes over ethics language, law-enforcement changes and other industry concerns.
That setback comes even as the XRP Ledger continues technical upgrades aimed at improving functionality, leaving regulatory progress—not network development—the immediate driver for sentiment.