Ripple CEO Brad Garlinghouse gives the Clarity Act an 80% chance of passing by end of April, urging the industry to accept an imperfect bill over continued regulatory uncertainty.
The 80% Prediction
Garlinghouse said on Tuesday the Clarity Act came close to clearing the Senate Banking Committee markup process before stalling. He urged the industry to stop letting perfect be the enemy of good.
“I think it is so clear that clarity is better than chaos. The Clarity Act, as written, is not perfect. There’s things I don’t love about it. But let’s not let perfection get in the way of progress,” he said.
Ripple pushes hard for passage because of its own four-year SEC battle that ended with a federal judge ruling XRP is not a security.
Despite that clarity for XRP (CRYPTO: XRP), the broader crypto industry still operates without a regulatory framework.
Garlinghouse tied Ripple’s fate directly to the industry’s health. “Whether we like it or not, the fortunes of Ripple rise and fall a little bit on the fortunes of the crypto industry.”
The Stalemate
The Clarity Act stalled in January after Coinbase withdrew support over unresolved disagreements on stablecoin yield and other issues.
High-level negotiations continue, with pressure mounting from the administration to finalize a framework before the 2026 midterm elections.
Ripple participated in a failed White House summit between banking and crypto executives. The stablecoin yield dispute remains the central sticking point—banks fear losing deposits if crypto firms offer higher returns than checking accounts.
Without the Clarity Act, the industry operates under fragmented rules that push companies offshore and create legal uncertainty for exchanges, token issuers, and developers.
XRP Price Update
XRP is down 2% after getting rejected cleanly at the 20 EMA at $1.5296, confirming sellers defend that level.
The Parabolic SAR at $1.2138 remains the only bullish signal, having flipped below price after the capitulation low.
All EMAs stack bearishly overhead: 20 EMA at $1.5296, 50 EMA at $1.7214, 100 EMA at $1.9279, and 200 EMA at $2.1362. Each level acts as resistance on any rally attempt.
Critical support sits at $1.35-$1.4. Breaking below opens the path toward $1.
For genuine recovery, XRP needs a daily close above $1.55, then a push through $1.72 with volume.
Image: Shutterstock
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