Analyst Points to Historical Catalysts for Potential XRP Rally if CLARITY Act Passes

Analyst Jake Claver believes XRP is positioned for a repricing event once the CLARITY Act becomes law, pointing to two previous historical moves as evidence of how structural catalysts can reshape the token's trajectory. XRP gained approximately 70,000% in 240 days after Ripple locked up its escrow in 2017, and more recently rose from under 50 cents to nearly $3 in 28 days following Trump's election win.

Claver argued that institutional backing for the bill signals serious positioning rather than mere hope for crypto's survival. BlackRock, JPMorgan, Grayscale, and Goldman Sachs now publicly support the legislation, according to Claver, who contended their support reflects plans to dominate the asset class once regulatory clarity exists. He also cited comments from Coinbase Chief Legal Officer Paul Grewal framing the current bill as one where Democrats have already secured major concessions including stablecoin provisions, DeFi protections, and ethics language preventing presidential profit from crypto projects.

Claver acknowledged that the legislative path still contains real obstacles. Any Senate-passed version would likely differ from the House bill passed roughly a year ago, requiring another House vote. Even after House passage, a presidential signing period remains, though Claver noted the bill could become law without a signature if the president does not act within a certain window.

Beyond price speculation, Claver framed the broader significance in structural terms, arguing that for the first time a major digital asset class is being driven by utility rather than speculation, with institutional infrastructure already being built around pending legislation.