XRP maintained its price near $1.38 as regulatory discussions and ETF-related developments captured market attention. The New York Stock Exchange Arca's recent filing included XRP in the context of commodity-based trust standards, highlighting its potential inclusion in regulated products. This comes amid renewed calls from Senator Cynthia Lummis for the CLARITY Act, which aims to clarify the regulatory framework for digital assets. The CLARITY Act seeks to distinguish between securities and commodities, impacting exchange listings and institutional crypto exposure. As XRP remains range-bound, traders are eyeing a break above $1.42 to improve its short-term outlook. Meanwhile, increased futures activity and whale accumulation have supported XRP's price stability, despite broader market caution ahead of the Federal Reserve's rate decision.
XRP Holds $1.38 Amid Regulatory Debate and ETF Developments
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