XRP (XRP -0.94%) has spent 2026 languishing in wait for the U.S. Congress, which keeps missing its deadlines. The coin is about 70% below its all-time high of $3.65, which was set last year.

I predict that the cryptocurrency could go parabolic after the 2026 U.S. midterm elections on Nov. 3. Whether it happens depends on the election results and on the passage (or, with a high probability, deferral with a high probability of later passage) of the Clarity Act. Here’s why those two things matter so much.

Image source: The Motley Fool.

The election will affect three issues in particular

Three issues that voters will partially decide in the upcoming election are whether the next Congress is going to be friendly to large financial…