---
title: "Senate panel advances CLARITY Act, boosting XRP outlook"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286641438.md"
description: "The Senate Banking Committee approved the CLARITY Act 15-9, which may define XRP's legal status and reduce legal risks. Following the vote, XRP's price briefly surpassed $1.50, with analysts predicting potential rises to $1.65-$1.80, and up to $3 if the bill is enacted. The bill's passage could attract pension funds and large asset managers, potentially leading to significant ETF inflows by year-end."
datetime: "2026-05-16T09:41:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286641438.md)
  - [en](https://longbridge.com/en/news/286641438.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286641438.md)
---

# Senate panel advances CLARITY Act, boosting XRP outlook

Key committee vote: The Senate Banking Committee approved the CLARITY Act 15-9, advancing a bill that could define XRP's federal legal status and reduce long-term legal risks. Price reaction: XRP briefly broke above $1.50 resistance after the vote, with analysts eyeing $1.65-$1.80 on momentum and up to $3 if the bill becomes law. Institutional potential: Passage could open the door for pension funds and large asset managers to invest, potentially driving billions in ETF inflows by year-end.

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