Overview
- XRP jumped above $1.50 after the Senate Banking Committee advanced the CLARITY bill on Thursday in a 15–9 vote, then eased back toward the $1.45–$1.50 band.
- Santiment says wallets holding at least 10 million XRP now control 45.83 billion tokens, about 68.5% of supply, the highest share since May 2018.
- The count of wallets with 10,000 or more XRP hit a record 332,230, extending an accumulation trend that resumed after a brief February drop during a market selloff.
- Institutional interest is building, with ETFs taking in $18.52 million in a day and XRPL processing 71 million April transactions, up 65% year over year.
- XRPL governance is active, with about 22% of validators backing a lending proposal while a fixCleanup3_1_3 update is slated to activate May 27 if support holds.