Bank lobbying may push the CLARITY Act timeline to May, and the XRP prediction market has responded accordingly, with XRP reaching $2.60 in April now at 0% YES.

Market reaction

The $14.6 million in bank lobbying behind the CLARITY Act delay has undercut the regulatory clarity that XRP bulls were counting on. XRP reaching $2.60 in April shows confidence has collapsed. No trading activity occurred in the last 24 hours, and the market is static.

Why it matters

Without clear regulatory guidelines, institutional capital is unlikely to flow into XRP. Bank pressure on stablecoin yield provisions adds another layer of uncertainty to the market’s outlook, making any near-term price surge harder to justify.

Liquidity picture

USDC volume over the past day is $0. There is no conviction among traders. The thin liquidity also means a small amount of capital could move the market sharply in either direction.

What to watch

The CLARITY Act delay is more noise than a real structural shift at this point. Buying YES at 0¢ offers a infinite return if the contract resolves YES, but there’s no clear path to that outcome. Watch for Senate Banking Committee updates or statements from SEC Chair Gary Gensler. Any movement on the CLARITY Act could change the calculus quickly.

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