Crypto analyst Zach Rector forecasts an imminent bull run for XRP, driven by the upcoming CLARITY Act vote on May 14. Rector highlights the recent $10 trillion increase in stock market capitalization and record highs in the NASDAQ and S&P 500 as indicators of liquidity expansion that could soon rotate into the crypto market. He cites recent surges in Constellation DAG and Ondo as early signs of this shift.
The Senate Banking Committee is set to mark up the CLARITY Act, which Rector believes could remove significant regulatory barriers for XRP if passed. Despite a decline in retail trading volume on Coinbase, Rector remains optimistic, noting that such conditions often precede major market moves. He maintains a portfolio heavily weighted in XRP, anticipating a strong performance once regulatory clarity is achieved.
Ripple Analyst Predicts XRP Bull Run with Upcoming CLARITY Act Vote
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
