Foreign media believe that if the U.S. advances the CLARITY Act, it could improve regulatory expectations for the cryptocurrency industry, potentially drawing more investment attention to tokens like XRP, which have long been affected by regulatory uncertainty. The article also notes that recent geopolitical tensions, inflationary pressures, and tightening market liquidity continue to suppress the performance of risk assets, including XRP.
XRP was long hindered by litigation.
The article review noted that in December 2020, the SEC sued Ripple, alleging it sold unregistered securities. This lawsuit became a major source of pressure for XRP in the U.S. market, causing its performance during the previous crypto bull market to lag behind that of some major tokens.
Foreign media believe that XRP is more sensitive to changes in regulatory guidance, as the asset has been tied to regulatory disputes with U.S. authorities over the past several years, leading the market to typically react more directly to signals regarding legislation and enforcement.
The bill is expected to serve as an emotional catalyst.
According to the article, the significance of the CLARITY Act lies in providing a clearer regulatory framework for the cryptocurrency industry. If the legislation progresses, investors' expectations regarding compliance for U.S.-based cryptocurrency projects may improve, potentially benefiting XRP as well.
The article notes that XRP reached a historical high of $3.65 in July 2025 following the announcement of Ripple’s settlement with the SEC. This case is used to illustrate that XRP’s price tends to show greater elasticity when regulatory uncertainty eases.
- December 2020: SEC sues Ripple
- July 2025: XRP rose to $3.65
- Recent low point: The article states that XRP briefly dropped to $1.15.
Macro pressures have not yet eased
However, the article does not view the bill’s prospects as a single determining factor. It notes that renewed U.S.-Iran tensions, rising inflation, and capital diversion ahead of major IPOs could still continue to impact overall risk appetite in the crypto market.
The article notes that anticipated IPOs of SpaceX, Anthropic, and OpenAI may draw some capital away from the crypto market. Foreign media conclude that, even with an improved regulatory environment, XRP’s future performance will still be influenced by broader macroeconomic and liquidity conditions.