XRP News Today: Ripple Reclaims $1.14 as CLARITY Act Odds Rebound to 51%

Last Updated: July 6, 2026

XRP is trading at $1.1463, up 9.54% over the past week and firmly above the $1.10 level that separated late June’s near-$1.00 lows from the current recovery. The bounce comes amid continued volatility in CLARITY Act passage odds, which dropped to as low as 39% on Polymarket on July 1 after President Trump disclosed more than $1.4 billion in crypto-related income, before recovering to roughly 51% in recent trading.

Key Takeaways

• XRP trades at $1.1463, up 9.54% on the week, extending a recovery from a late-June low near $1.00
• CLARITY Act odds swung sharply this week — dropping to 39% on Polymarket on July 1 after Trump’s $1.4 billion crypto income disclosure, then recovering to roughly 51% in recent trading
• Standard Chartered cut its 12-month XRP price target from $8 to $2.80, citing ETF inflows that have nearly stalled after a strong $1.3 billion launch
• New XRP wallet creation hit a three-month high, and whale accumulation has strengthened alongside RLUSD stablecoin volume surpassing $2.5 billion on the XRP Ledger
• Since 2020, XRP has never closed the month of July in the red — a six-year seasonal pattern that has traders watching for a repeat

XRP Price News Today

XRP’s chart shows a clear recovery structure since bottoming near $1.00 in late June. The token broke above $1.07, pushed through $1.09, and now trades around $1.1463 — putting it at the level market watchers flagged as the line between a temporary bounce and a confirmed trend reversal. Every prior bounce during June’s correction failed below $1.10; a sustained close above it would mark the first higher structure XRP has printed in months. MA at $1.1048 and the 99-day MA at $1.0925, with price holding just below the shortest-term average after last week’s sharp rally.

Support and Resistance Levels

Level	Price	Significance
Resistance 2	$1.20	Extended target if $1.16 breaks with follow-through
Resistance 1	$1.16	Level analysts flagged as confirmation of a trend change
Current Price	$1.1463	—
Support 1	$1.07	First support from the recent breakout
Support 2	$1.00	Critical psychological floor; a break resets the recovery thesis

CLARITY Act News Today

XRP’s recovery is unfolding against a volatile regulatory backdrop. Polymarket data showed CLARITY Act passage odds falling to as low as 39% on July 1 after Trump disclosed over $1.4 billion in crypto-related income — including more than $635 million from TRUMP meme coin licensing deals and additional sums tied to WLFI token sales and USD1 stablecoin activity. The disclosure intensified calls from Senator Elizabeth Warren and other Democrats for conflict-of-interest provisions; an earlier Senate Banking Committee amendment restricting the president and Congress members from crypto business participation had already failed. Odds have since recovered to roughly 51%, underscoring how sensitive the market remains to each new development.

The bill was not signed into law by its original July 4 target. With roughly three legislative weeks remaining before the August recess, passage odds have swung sharply in both directions in recent weeks — from as high as 73% in mid-May to as low as 39% earlier this month — reflecting unresolved disagreements over stablecoin yield rules, illicit finance provisions, and ethics requirements. A failure to pass before the recess risks pushing the bill into 2027 or later, particularly if control of Congress shifts after the midterm elections.

XRP ETF News Today

Institutional flows into XRP remain a point of divergence from the token’s on-chain strength. Standard Chartered, previously one of XRP’s most bullish institutional voices, cut its 12-month price target from $8 to $2.80, pointing to ETF inflows that have nearly stalled following a strong $1.3 billion launch. The bank’s revision signals that institutional capital has not yet confirmed the retail-driven price recovery of the past two weeks — a gap that is likely to remain a key swing factor heading into the CLARITY Act’s next legislative test.

Ripple News Today: On-Chain Signals Strengthen

Beneath the price action, XRP Ledger activity has picked up. New wallet creation hit a three-month high, and large-holder activity has strengthened as whales moved coins off exchanges — typically read as accumulation rather than a precursor to selling. Ripple’s RLUSD stablecoin has also quietly built more than $2.5 billion in settled volume on the XRP Ledger, adding a layer of real network utility that had been largely absent while price stayed range-bound through the spring. A TD Sequential monthly buy signal is also flashing on XRP alongside Bitcoin and Ethereum, an indicator some analysts read as a broader macro-reversal setup.

XRP Seasonality: A Six-Year Green July Streak

One detail shaping current expectations is XRP’s historical July performance. Since 2020, XRP has never closed the month of July in the red. Every instance of June weakness — including June 2026’s 22% decline — has been followed by either a relief bounce or the start of a broader trend reversal. The clearest example: June 2020 saw a 13.5% drop, followed by a 48% rally in July that ended a two-year downtrend. Six consecutive green Julys does not guarantee a seventh, but the pattern is a factor traders are actively weighing. For the latest developments across the wider market, see Crypto News Today.

What This Means for the Days Ahead

The next two weeks — from the current test of $1.10–$1.16 through whatever comes next on the CLARITY Act’s legislative calendar — are shaping up as a pivotal stretch for XRP. A confirmed hold above $1.16 would validate the recovery narrative built on improving on-chain metrics and seasonal strength, even as institutional flows lag. Failure to hold $1.07, on the other hand, would suggest the bounce was driven primarily by broader market conditions rather than XRP-specific strength, reopening the $1.00 test that dominated headlines just weeks ago. For context on the broader market backdrop shaping XRP’s moves, see Bitcoin News Today and Ethereum News Today.

Where to Buy XRP

XRP can be purchased on major centralized exchanges including Binance, Coinbase, Kraken, KuCoin, Gate.io, and OKX. Investors focused on long-term holding often move XRP to self-custody wallets rather than leaving it on an exchange.

This article is for informational purposes only and does not constitute financial advice.