Has XRP Truly Established Itself as a Core Cryptocurrency in the US?

▲ XRP, Wall Street/AI-generated image ©

XRP (Ripple) is reportedly undergoing a fundamental shift in its market status, moving from being a regulatory target to a central position in US cryptocurrency policy.

According to cryptocurrency media outlet Watcher.Guru on April 23 (local time), XRP is playing a key role in the design process of the CLARITY Act, a US cryptocurrency market structure bill being pursued by the US government. Previously embroiled in securities controversy, XRP was a target of attack due to the lack of a regulatory framework, but it is now at the center of discussions on institutional design, according to analysis.

The market is paying attention to XRP's 'change in status'. Analyst X Finance Bull pointed out that under the previous Gary Gensler regime, the cryptocurrency industry suffered more than 100 regulatory actions, and XRP underwent a four-year lawsuit costing approximately $150 million. However, the situation has rapidly changed over the past year, with the regulatory environment being refined and a trend emerging where major assets, including XRP, are classified as commodities.

Notably, Ripple CEO Brad Garlinghouse's direct participation in policy discussions is considered a symbolic change. Having moved from fighting regulations in court, he is now involved in the institutional design process, which is interpreted as an example of XRP being incorporated into mainstream assets.

Analysts emphasize that the regulatory framework currently being built by the US is designed to favor 'US-based cryptocurrencies'. The XRPL ecosystem, including XRP and RLUSD, is evaluated as an asset that simultaneously possesses real-world utility and institutional suitability, and it is projected to have a high probability of leading the market in the coming years.

Ultimately, XRP is not merely an asset with price appreciation expectations but is establishing itself as a core infrastructure asset within a structure that encompasses regulation, institutions, and real-world utility, according to analysis. The market is watching to see if XRP can truly settle as a mainstream asset with the future progress of the CLARITY Act.

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