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XRP Price Faces a Critical Test as U.S. Crypto Bill Moves and Network Activity Slumps

XRP Price Faces a Critical Test as U.S. Crypto Bill Moves and Network Activity Slumps

NEW YORK, May 9, 2026, 05:11 EDT

  • The Digital Asset Market Clarity Act is headed to the U.S. Senate floor on May 14, positioning lawmakers for a pivotal debate over crypto rules.
  • According to Glassnode, new XRP addresses are down 85% since December 2024, pointing to a slowdown in retail participation.
  • XRP hovered around $1.42 to $1.43, putting its market cap close to $88 billion and securing its spot as one of the biggest digital currencies.

XRP hovered around $1.42 on Saturday, with investors sizing up a renewed regulatory drive out of Washington and noting a steep drop in XRP Ledger activity — the blockchain that underpins Ripple’s payment system. The token posted gains over the last 24 hours. Still, the…

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