Ripple at $1.10... Market on Edge Ahead of Senate Action on 'CLARITY Act'

Ripple (XRP) recorded a price of $1.10 as of July 11, Korean time, according to CoinMarketCap. During the same period, prices reported by overseas crypto media outlet Coingape showed Bitcoin up 1.48% at $64,002 and Ethereum up 3.03% at $1,790. The total market capitalization of the cryptocurrency market also increased by 1.54% to $2.19 trillion.

Market attention is focused on whether the U.S. Congress will pass the 'CLARITY Act' in July. How regulatory clarity will impact Ripple's price outlook is the key question.

CLARITY Act Passes House, Senate Floor Vote Remains as Legislative Process Expected to Accelerate

The CLARITY Act (H.R.3633) passed the U.S. House of Representatives on July 17, 2025 (local time), with 294 votes in favor and 134 against. The bill establishes a national regulatory framework for the trading, supervision, and investor protection of digital assets, and clearly delineates the supervisory authority between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

The Senate Banking Committee passed the bill on May 14, 2026 (local time) by a vote of 15 to 9, paving the way for a floor vote in the full Senate.

Coingape reported that as the U.S. Senate resumes its schedule on July 13 (local time) after recess, the legislative process for the bill could pick up speed. However, disagreements remain over ethics provisions, stablecoin compensation, federal preemption, and anti-money laundering regulations, meaning the final vote could be delayed or the bill's contents could be amended.

Coingape reported that procedural votes could take place between July 13 and 17 (local time), followed by a House-Senate reconciliation process potentially occurring from July 20 to 24. If both chambers approve the bill, it could be sent to U.S. President Donald Trump before August. However, if this window is missed, passage could be pushed to September or later.

Regarding the impact of regulatory clarity on XRP, Coingape stated, "The uncertainty surrounding the token's legal nature and trading could diminish, and greater legal certainty could also help expand institutional investor participation."

Buying Momentum Resurges on 4-Hour Chart, but Breaking $1.12 Is Key

According to Coingape, XRP found support around $1.07 on July 11 (local time) and traded at approximately $1.1013. While buying momentum is returning on the 4-hour chart, upside strength remains weak below the $1.12 resistance level.

Key technical indicators show: △ The Relative Strength Index (RSI) stood at 47.48, slightly below the neutral benchmark of 50. △ The MACD histogram turned positive at 0.0018. △ The MACD line is trading above the signal line, indicating an attempted rebound. Coingape explained that the MACD histogram's shift into positive territory suggests a possible weakening of selling pressure.

As for an upside scenario, Coingape projected that if XRP decisively breaks above $1.12, it could move toward the next resistance level of $1.15, and with continued buying pressure, $1.20 could come into view. Conversely, if the $1.07 support line breaks, the price could fall to $1.05, and a further breakdown could see it drop to the psychological support level of $1.00.

Coingape noted, "If the bill passes smoothly through the Senate, investor sentiment toward XRP could improve this month," but added, "The actual price direction will depend on trading volume, Bitcoin's trend, and whether key resistance levels are breached."

XRP ETP Cumulative Net Inflows Reach $1.48 Billion... Total Net Assets Nearing $1 Billion

According to data cited by Coingape from SoSoValue, there were no net inflows into XRP Exchange-Traded Products (ETPs) on July 9 (local time). However, cumulative net inflows stood at $1.48 billion, and total net assets reached $989.46 million, approaching the $1 billion mark.

Net assets by issuer were as follows: △ Bitwise at $308.15 million, △ Canary at $252.97 million, and △ Franklin at $249.54 million. Total trading volume was recorded at $6.87 million, indicating a relatively low trading turnover for XRP-related products.

---

[This article is by no means an investment solicitation. The content may represent mere opinions, so please do not use it as a reference or resource for investment. All investments are made at the discretion of the individual, and the ultimate responsibility lies with the investor. This publication assumes no responsibility whatsoever.]