XRP Soars to New Heights as Crypto Bill Passes with a Whimper

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Well, folks, it seems XRP, the cryptocurrency that’s always been the black sheep of the crypto family, is finally getting its moment in the sun. After the U.S. House of Representatives gave a tentative nod to the CLARITY Act, a bill that’s supposed to bring some much-needed clarity to the digital asset market, XRP has been on a tear. 🚀

According to CoinGecko, the Ripple-linked token has hit a new intraday high of $3.37, a 35% jump over the past week. I mean, who would’ve thought that a token with a name that sounds like a bad cold remedy would be the one to watch? 🤧

Meanwhile, Bitcoin, the golden child of the crypto world, is flirting with the $120,000 mark, just in time for the high-stakes House vote. It’s like a Hollywood blockbuster, but with more charts and less explosions. 🎬

What’s really surprising is the Democratic support for the CLARITY Act. At press time, 71 Democrats have voted “yes,” which is more than anyone expected. Brendan Pedersen of Punchbowl News couldn’t help but tweet about it, noting that the Democratic vote total is “beating expectations within both parties.” 🤯

And if you thought the House Financial Services Committee Chair, French Hill (R-Ark.), would be anything but thrilled, think again. Pedersen also mentioned that Hill is “visibly giddy” on the floor. I can only imagine the dance moves. 🕺

Now, the CLARITY Act heads to the Senate, where it’s likely to face more resistance. But hey, at least it’s got a fighting chance. Meanwhile, the House is gearing up to vote on the GENIUS Act, which aims to regulate the stablecoin sector. This one is expected to pass with flying colors, or at least enough votes to become law soon. 🎉

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2025-07-17 22:38