XRP is trading at $1.44 with a 27% weekly gain. A new SEC filing shows Ripple’s XRP portfolio weight at 4.88% and suggests the company may release XRP from escrow to support on-ledger liquidity, contingent on the CLARITY Act clearing Congress. This marks a break from the historical practice of re-locking unused monthly tranches. The critical technical level is between $1.20 and $1.25 to maintain the upward trend, while a break below the $1.00 psychological support would entirely invalidate the current structure. Traders are awaiting official confirmation ahead of the cloture vote scheduled for September 15 in the Senate.
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