- 1. XRP Price Today: $1.17, Absorbing FOMC Hawkishness
- 2. The CLARITY Act: Where It Stands Right Now
- 3. The Supply Story: Exchange Reserves at 7-Year Lows
- 4. RLUSD and ODL: The Utility Case Strengthening Independently
- 5. Price Scenarios: What CLARITY Act Means in Dollar Terms
- 6. ETF Flows: $1.44 Billion, UBS and Bank of America Positioned
- 7. Where to Buy XRP
Quick Answer: XRP is trading at $1.17 on June 18, 2026, down 2.52% as the post-FOMC selloff continues. The defining XRP news this week is legislative. The CLARITY Act cleared the Senate Banking Committee 15-9 in May and was placed on the Senate floor legislative calendar on June 1. A full Senate vote can happen at any time. Polymarket prices 2026 passage at 72%.
If the bill passes before the July 4 target set by the White House, XRP’s digital commodity status becomes permanent federal law. No future administration could reverse that classification with a memo.
Standard Chartered and JPMorgan both project $4–8 billion in XRP ETF inflows under that scenario. That would be three to six times the $1.44 billion accumulated to date. XRP exchange reserves have fallen to a 7-year low of 1.6 billion tokens.
Whale wallets holding 10M+ XRP now control 68.5% of circulating supply, the highest concentration since May 2018.
Key Takeaways
- The CLARITY Act is on the Senate floor legislative calendar. A full Senate vote can now happen at any time, with the White House targeting July 4 signing.
- The bill cleared the Senate Banking Committee 15-9 in May, with all 13 Republicans voting yes after Sen. John Kennedy committed his support. The bipartisan vote was cleaner than feared.
- XRP exchange reserves are at a 7-year low of 1.6 billion tokens, 50% below the October 2025 peak of 3.76 billion. Available sell-side liquidity has fallen to multi-year lows.
- RLUSD reached $1.7B in market cap, ranking as the 8th-largest stablecoin globally. Mastercard added RLUSD to its 24/7 settlement network on June 3. Ripple is pursuing a Federal Reserve master account.
- Post-FOMC pressure is the dominant short-term headwind. The hawkish dot plot, with 9 Fed members projecting a hike, outweighs XRP-specific positives in the near term. The structural setup, however, has rarely been this clean.
XRP Price Today: $1.17, Absorbing FOMC Hawkishness
XRP is at $1.17 on June 18, down 2.52%, with a market cap of $73.02 billion and 24-hour volume of $1.91 billion, up 14%. Of the 100 billion maximum supply, 62.05 billion circulate across 535,830 holders. Fully diluted valuation is $117.68 billion.
Today’s move is entirely macro-driven. Yesterday’s FOMC dot plot showed 9 of 18 members projecting a rate hike by year-end, while PCE was revised to 3.6%. That reset rate expectations across risk assets.
XRP is not immune. Its primary catalyst, however, is independent of monetary policy. The CLARITY Act is advancing through the legislative process.
The SEC case against Ripple concluded in August 2025 with a joint dismissal of appeals. The outcome confirmed that XRP is not a security when sold on public exchanges. Ripple paid a reduced $50 million penalty, with $75 million returned as part of the settlement.
Both the SEC and CFTC currently view XRP as a digital commodity, but that classification has not been written into law. An executive agency classification can be reversed by the next administration with a memo.
A statute cannot. The CLARITY Act changes that permanently.
Key levels:
- Resistance: $1.20 (psychological), then $1.28–$1.30 (June 15 high)
- Support: $1.10 (critical), then $1.00 (psychological floor)
The CLARITY Act: Where It Stands Right Now
The CLARITY Act was officially added to the Senate legislative calendar on June 1 after clearing the Senate Banking Committee. The next step is a full Senate vote. If it passes, it will be sent to President Trump for signing.
The CLARITY Act passed the House 294 to 134 and cleared the Senate Banking Committee 15 to 9. The Senate floor vote is the decisive gate.
The bill needs 60 votes to clear the filibuster, meaning at least 7 Democrats must cross over. The committee vote passed 15-9 with some bipartisan support. That is the baseline Democrats need to replicate on the floor.
Why 60 votes matters: The Senate has 53 Republicans, so a 60-vote threshold requires 7 Democrats. The senators to watch are Warner and Cortez Masto. Those votes are the hardest part of getting to 60.
The Reed stablecoin amendment that nearly derailed the committee markup was defeated. The bipartisan compromise language remained intact, a positive signal for floor vote prospects.
Prediction markets have priced 2026 signing odds around 72%. The White House has set a July 4 signing target.
Senate floor time between now and July 4 is limited. The bill must be scheduled and voted on before the Independence Day recess.
What passage does for XRP specifically: A clear commodity classification removes listing hesitancy. Exchanges that stayed cautious during the legal fight could deepen XRP support, tightening spreads and improving liquidity.
Institutions need regulatory certainty before allocating. Clear rules strengthen the case for more XRP ETF products and larger inflows, building on the spot ETFs already live.
The Supply Story: Exchange Reserves at 7-Year Lows
XRP exchange reserves fell to a 7-year low of 1.6 billion tokens this year. That is a 50% drop from October 2025’s 3.76 billion peak, leaving sell-side liquidity at multi-year lows.
This is one of the most consequential structural developments for XRP’s price setup. When exchange reserves fall this sharply, the coins leaving exchanges are moving to private custody rather than being sold.
That means the supply available for large sell orders on exchanges is structurally thinner than at any point in seven years.
The number of wallets holding 10,000 or more XRP has reached an all-time high of 332,230. The millionaire tier, made up of wallets holding over one million XRP, added 42 new addresses since January.
That tier accumulated 1.2 billion tokens in Q1 alone, the heaviest quarterly accumulation since 2023. Mega whale wallets holding 10 million or more XRP now control approximately 45.83 billion tokens, representing 68.5% of circulating supply. That is the highest concentration since May 2018.
The mechanism is straightforward. When 68.5% of supply is controlled by conviction holders who are actively accumulating, and exchange reserves are at 7-year lows, even moderate institutional buying pressure can produce outsized price moves.
The float is thin, the buyers are patient, and the CLARITY Act is a binary catalyst approaching a vote.
RLUSD and ODL: The Utility Case Strengthening Independently
While the CLARITY Act is the legislative catalyst, Ripple’s on-chain infrastructure has also strengthened independently in June 2026.
RLUSD has grown to approximately $1.7 billion in market cap. It ranks as the eighth-largest stablecoin globally and is live across more than 40 networks.
On June 3, Mastercard added RLUSD to its 24/7 on-chain settlement network alongside USDC and PYUSD.
Ripple is also pursuing a Federal Reserve master account. That process is currently paused until end of 2026.
A Fed master account would allow Ripple to settle transactions directly with the Federal Reserve’s payment system. That would remove commercial bank intermediaries and dramatically reduce the cost of ODL corridor transactions.
It could become the most significant operational milestone in Ripple’s history, but it is a 2027 story at the earliest.
Ripple, JPMorgan, Mastercard, and Ondo Finance completed a live cross-border tokenized US Treasury settlement on the XRP Ledger. The transaction finalized in under five seconds.
This was a completed transaction involving the largest financial institutions in the world and real assets on Ripple’s infrastructure. The XRPL’s real-world asset capabilities are being tested in production, not just theory.
Price Scenarios: What CLARITY Act Means in Dollar Terms
From around $1.17 where XRP trades now, the key scenarios are straightforward. A failed Senate vote points back toward the $0.80–$1.00 range. Passage near the recess supports a re-rating to $1.60–$2.20.
Passage combined with renewed ETF inflows and a softer Fed opens up the $2.50–$3.50 price range.
Standard Chartered projected $4 billion to $8 billion in cumulative XRP ETF inflows by year-end if the bill passes.
With flows of that volume, XRP would most likely break the current resistance, retest its 200-day moving average at $1.80, and have room to push toward higher targets such as $3–5 by late 2026.
The bear case: If Tim Scott doesn’t schedule the markup before Memorial Day recess on May 21, or if the markup happens but Republicans can’t unify the committee vote, the bill will most likely be shelved until 2030.
That deadline has now passed. The committee vote cleared 15-9.
The next hard deadline is the July 4 recess. If the Senate floor vote does not happen before July 4, the next viable legislative window is after the November 2026 midterms.
For context on the current macro environment affecting all crypto assets, see our daily market update for June 18.
ETF Flows: $1.44 Billion, UBS and Bank of America Positioned
US spot XRP ETFs have accumulated $1.44 billion in cumulative net inflows since their November 2025 launch across seven products. May 2026 was the strongest single month, with $132 million.
UBS and Bank of America took first-time XRP ETF stakes in May. They were the first tier-1 global banks to allocate directly to XRP products. Goldman Sachs allocated $154 million in Q1 2026.
Some of the CLARITY Act move may already be reflected in the price because the market has watched the bill advance for months.
The real question is not whether clarity helps XRP. It is how much of the waiting money moves once the bill becomes law, and how much has already moved.
The ETF bid is real and growing, but the amount already priced in remains an open question. What is not priced in is the pension fund and sovereign wealth fund allocation tier.
Those institutional buyers legally cannot allocate under agency guidance. They need a statute.
The CLARITY Act is that statute.
Track real-time XRP ETF flows at SoSoValue.
Where to Buy XRP
Binance — world’s largest exchange by volume, deep XRP/USDT liquidity, RLUSD trading pairs available.
Coinbase — US-regulated, XRP available for spot purchase with insured custody.
Kraken — established 2011, competitive XRP fees and strong security record.
KuCoin — wide XRP trading pairs, access to XRP ecosystem tokens.
Gate.io — RLUSD listed here alongside XRP, natural venue for XRP/RLUSD strategies.
OKX — advanced XRP derivatives, competitive funding rates.
This article does not constitute financial advice. Cryptocurrency markets are volatile. Always conduct independent research before making investment decisions.
