Crypto Analyst Explains the Potential Effect of the CLARITY Act on XRP’s Price

• Coinbase withdrew support for the CLARITY Act ahead of the markup postponement.
• The CLARITY Act will boost institutional adoption of cryptocurrency.
• XRP’s price will surge significantly after the passage of the CLARITY Act.

A cryptocurrency analyst discussing the latest postponement of the CLARITY Act passing has highlighted the potential effect that the bill could have on XRP’s price. 

In his latest podcast, the analyst tagged the delay to Coinbase’s withdrawal of support for the bill, citing how inconsequential that could be in the broader scheme of things, with the confidence that the bill will eventually be passed at a later date.

Broader Crypto Adoption Scheme

Although the analyst narrowed his projection to the CLARITY Act’s potential effect on XRP, he noted that the bill is part of a broader scheme that is pushing the crypto industry into widesp…

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