XRP Price Under Pressure as U.S. Crypto Bill Progresses

The upcoming Digital Asset Market Clarity Act in the U.S. Senate has sent mixed signals to investors, with hopes for regulatory clarity potentially boosting the XRP price, but also causing uncertainty.

New data from Glassnode shows a significant drop in new XRP addresses since December 2024, indicating a slowdown in retail participation.

The XRP Ledger has seen a decline in activity, but a recent pilot with J.P. Morgan and Mastercard using the network to process cross-border transactions has shown promise for institutional adoption.