XRP (CRYPTO: XRP) spiked to $1.55 following the CLARITY Act passing the Senate Banking Committee before pulling back below $1.45

Whales Hold 45.83 Billion XRP Tokens

Wallets holding at least 10 million XRP now control 45.83 billion tokens worth $68.5 billion, representing 68.5% of circulating supply. 

This marks the highest whale concentration since May 2018, signaling major holders are accumulating rather than distributing into strength.

The spike to $1.55 occurred immediately after the Senate Banking Committee passed the CLARITY Act 15-9, legislation that could formally reinforce XRP’s regulatory status as a commodity rather than a security.

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