XRP Gains Momentum Without CLARITY Act, Says Jake Claver

TL;DR: XRP is rallying on legal clarity and institutional interest, not on pending CLARITY Act legislation.

Context Jake Claver, chairman of Digital Ascension Group, told host Abdullah “Abs” Nassif on the Good Evening Crypto podcast that the United States is already building a functional regulatory framework for digital assets. He believes the need for a dedicated CLARITY Act has diminished as agencies such as the SEC (Securities and Exchange Commission) and CFTC (Commodity Futures Trading Commission) issue guidance that treats XRP as a digital commodity.

Key Facts - XRP trades at $1.40, up 1.63% on the day and 6.63% over the past month, though it remains down 36% year‑to‑date. - The SEC’s settlement with Ripple in the SEC v. Ripple case removed a major legal cloud, increasing investor confidence. - Claver notes that guidelines tied to the GENIUS Act and other oversight developments signal a move toward comprehensive crypto regulation without new congressional bills. - Institutional interest is rising; Nasdaq and NYSE executives have discussed tokenization and blockchain integration, positioning XRP’s ledger for payments and settlement use.

What It Means With the legal uncertainty around Ripple largely resolved, capital is flowing back into XRP from both crypto‑native and Bitcoin‑focused investors. The market’s focus shifts from legislative milestones to execution: deploying infrastructure, securing partnerships, and scaling institutional adoption. If the current regulatory trajectory continues, XRP could see further price appreciation driven by fundamentals rather than legislative hype. Watch for upcoming announcements from major exchanges and financial institutions that could signal the next phase of XRP’s institutional integration.