The U.S. Senate Banking Committee pushed the CLARITY Act through with a 15 to 9 vote, marking the first serious bipartisan effort in the U.S. for crypto regulatory legislation.

What’s the market betting on? It’s betting that the U.S. will shift the regulatory power over crypto assets from the SEC to a new dedicated framework. The first to secure compliant status will be able to step into institutional positions.

XRP stands to gain the most from this narrative — its legal status is the shadiest and it’s in dire need of this legislation. If the bill passes, XRP's "regulatory discount" will vanish.

But we’re still early in the legislative game, and there are plenty of variables in play. Right now, prices reflect expectations, not reality.

The above is just my personal opinion and shouldn't be taken as investment advice.

$XRP $BTC