Ripple is stepping up its lobbying in Washington this week, pushing for the CLARITY Act as XRP holds near a key psychological support level. The push comes as the token consolidates in a tight range, with traders watching for a breakout or breakdown. Meanwhile, Bitcoin Hyper, a Bitcoin Layer 2 project with Solana Virtual Machine integration, has raised nearly $33 million in its presale.
XRP consolidates as CLARITY Act takes center stage
XRP is trading in a narrow band, with immediate support around $1.05 and a psychological floor at $1.00. Resistance sits at $1.13, and stronger selling pressure is expected near $1.32 and $1.46. The range is tight, and lower exchange reserves could amplify any price swing once momentum picks up.
Ripple’s chief legal officer, Stuart Alderoty, said that voting against the CLARITY Act would preserve regulatory gaps that bad actors have exploited. The bill aims to clarify digital asset regulations, and its progress in the Senate could be a catalyst for XRP — some analysts see a potential doubling of the token’s price to $2 if the bill moves forward. On the flip side, delays or renewed regulatory uncertainty could push XRP back to $0.85 support.
Ripple’s lobbying push
Ripple is engaging U.S. lawmakers directly to advance the CLARITY Act. The company is framing the bill as a way to close loopholes and provide a clear framework for digital assets. Alderoty’s comments suggest the stakes are high: failure to pass the bill could leave the regulatory environment murky, which has historically weighed on XRP. The timing isn’t great for prolonged uncertainty, as the token is already testing a key level.
Bitcoin Hyper presale nears $33 million
Bitcoin Hyper, a project that combines Bitcoin’s security with Solana’s virtual machine, is drawing attention in the Layer 2 space. Its presale has raised close to $33 million, with tokens priced at roughly $0.0137. Staking is also available, giving early participants a way to earn yield while the project develops. The presale’s momentum suggests strong interest in scaling solutions that bridge Bitcoin’s network with faster execution environments.
The next concrete step for the CLARITY Act is its Senate committee markup, where amendments could be introduced. For XRP, the immediate question is whether the $1.00 level holds. Bitcoin Hyper’s presale continues, with the next milestone likely to be a listing on a decentralized exchange.
