XRP Price Faces a Critical Test as U.S. Crypto Bill Moves and Network Activity Slumps
XRP hovered around $1.42 on Saturday, with investors sizing up a renewed regulatory drive out of Washington and noting a steep drop in XRP Ledger activity — the blockchain that underpins Ripple’s payment system. The token posted gains over the last 24 hours. Still, the backdrop isn’t straightforward: mounting hopes for legal clarity are mixing with signs of softer newcomer growth. The timing is key: the Senate Banking Committee is set for a May 14 executive session to take up H.R.3633, the Digital Asset Market Clarity Act of 2025. The legislation aims to clarify how securities and commodities regulations apply to digital assets—a central question for XRP and other major tokens.