$XRP is one of the most veteran and debated cryptocurrencies in the market. Unlike Bitcoin, it wasn't designed to be "electronic cash" for the masses, but rather to function as a bridge asset that enables banks and payment processors to move money across borders almost instantly and at a negligible cost.
⚡ XRP AT $1.44: MORENO SETS ULTIMATUM — CLARITY ACT BY END OF MAY
Senator Bernie Moreno set a public ultimatum on April 22: the CLARITY Act must pass Congress by the end of May or it’s off the table for all of 2026. Polymarket immediately jumped from a 38% to a 46% probability of approval. Galaxy Research rates it today as a 50-50. GraniteShares launched a 3x leveraged ETF on the Nasdaq that has been active since yesterday. And the whales are pulling out 11 million XRP daily from exchanges. — — — — — — — — — — 💣 BOMBSHELL DATA: $XRP there’s the biggest legislative catalyst of the year with a specific date: end of May according to Moreno. Senator Thom Tillis is negotiating with banks on stablecoin yield commitments — once that text is finalized, the markup for the Senate Banking Committee is scheduled in days. With the markup, Standard Chartered projects an additional $4 billion to $8 billion in ETFs. Spot ETFs have amassed $1.44 billion. Whales are withdrawing 11 million XRP daily — the highest pace in 10 months. And the 3x leveraged ETF from GraniteShares on Nasdaq is the most bullish signal from institutional markets.
⚡ $XRP at $1.43: GRANITESHARES LAUNCHES 3X LEVERAGED ETF ON NASDAQ TODAY
XRPUSDT Perp. 1.4306 -0.07% GraniteShares just launched a 3x leveraged ETF on Nasdaq for $XRP — the first of its kind in the US market. Meanwhile, over 100 crypto firms sent a letter to the Senate demanding the approval of the CLARITY Act before May. Whales are pulling 11 million XRP daily from exchanges — the highest pace in 10 months according to CryptoQuant. Spot ETFs have accumulated $1.44 billion. Everything converges this week. — — — — — — — — — —