Ripple CEO Predicts 80% Chance of CLARITY Act Passing by April

• Garlinghouse sees 80% chance the CLARITY Act passes, boosting crypto regulatory clarity.
• Stablecoin yield dispute remains key hurdle, delaying unified federal crypto framework.
• XRP tests critical support, with bulls aiming for a decisive trend reversal.

Ripple CEO Brad Garlinghouse said he sees an 80% chance that the CLARITY Act will pass by the end of April, signaling renewed momentum for federal crypto legislation. He urged lawmakers and industry leaders to move forward despite unresolved concerns, arguing that progress now would serve the market better than prolonged uncertainty. His comments come as negotiations continue in Washington and as digital asset firms seek clearer oversight after years of regulatory tension.

Legislative Push Gains Urgency

Garlinghouse said the bill nearly advanced through the Senate Banking Committee before talks stalled. However, discussions have resumed at senior levels ahead of the spring recess. He stressed that compromise remains essential to unlock broader industry stability.

Besides, political timing adds urgency. Lawmakers face mounting pressure to finalize a digital asset framework before the 2026 midterm election intensifies. Consequently, stakeholders aim to narrow disagreements quickly.

The CLARITY Act would establish clearer jurisdiction between regulators and define oversight standards for exchanges, issuers, and token developers. Moreover, industry leaders argue that a unified framework could attract capital back to the United States and reduce offshore migration.

Stablecoin Yield Dispute Remains Key Hurdle

The legislation stalled earlier this year after Coinbase withdrew support over disagreements related to stablecoin yield provisions. Banks reportedly worry that crypto platforms offering higher returns could draw deposits away from traditional accounts.

Additionally, a recent White House summit between banking executives and crypto leaders ended without resolution. Negotiators continue to debate how stablecoin products should operate under federal supervision.

Garlinghouse linked Ripple’s outlook to broader market health. He noted that regulatory clarity would benefit not only Ripple but the entire ecosystem.

XRP Price Tests Critical Level

Meanwhile, XRP trades near $1.48 at press time with a market capitalization above $90 billion. The token gained over 4% in the past week.

According to trader BitGuru, XRP now attempts to reclaim the $1.45–$1.50 range as support. Significantly, this level previously acted as a resistance after a breakdown.

XRP rebounded from the $1.22–$1.25 base, where buyers stepped in decisively. If bulls hold above current levels, price could move toward the $1.80–$1.92 resistance cluster. The $2 mark stands as the next psychological target.

However, failure to defend $1.45 may trigger another pullback toward $1.25. Hence, traders watch this zone closely for confirmation of a potential trend reversal.

Related: SBI Chairman Says 9% Ripple Stake Could Outweigh $10B XRP