XRP Supply Drought Hits Coinbase Amid CLARITY Act Controversy

A significant decrease in available XRP supply on Coinbase has sparked interest among cryptocurrency enthusiasts and investors.

The drop in supply is linked to the recent controversy surrounding the CLARITY Act, with some investors staging a boycott against the exchange. This move has resulted in a net outflow of approximately 20 million to 95 million XRP over the past 30 days.

According to industry experts, this trend could lead to a supply shock if buying pressure returns, which may impact XRP's short-term price movement.