While the highly-anticipated CLARITY Act didn’t pass the Senate floor by July 4, 2026 as some popular crypto pundits expected, the delay hasn’t thrown off any positive implications. On the contrary, the bill might have fundamentally changed what’s coming for Ripple’s XRP, Hedera’s HBAR & Stellar Lumens (XLM).
XRP Army’s Tracking Real Odds Of CLARITY Act Approval
All three of these Distributed Ledger Technology (DLT) based major-cap alternative crypto currencies could receive a bail-out from the United States Securities and Exchange Commission (SEC) in the sense that they’re no longer treated as potential securities. Instead, The CLARITY Act would classify XRP, BAR & XLM as digital commodities under the CFTC.
With the Senate Banking Committee approving this deal on May 14, the latest version of the crypto bill is now seeking bipartisan approval. Surely, stablecoin yields & the freedom of decentralized finance (DeFi) are still causing a heated debate, but the odds of CLARITY Act’s approval this year are still pretty realistic at 47%, according to PolyMarket.
Moreover, the clip shared by Finance Bull offers the viewers a glimpse into what Senator Bill Hagerty, the author of the Genius Act, thinks about the upcoming crypto bill. “It’s creating the type of certainty that’s necessary to bring the entire digital asset framework into a full-blown opportunity here in America”.
Genius Act Author Sees a Multi-Trillion Dollar Opportunity
As we move more broadly into the digital asset arena, the United States government is crystal clear on their focus to maintain America’s innovation edge. The originator of the Genius Act also acknowledges that crypto currencies like XLM, XRP & HBAR have a much more varied use than stablecoins, therefore he expects a bigger impact once the Clarity Act goes into effect.
As for when it should go live, Mr. Hagerty said he’d expect the revised version to be done & up for voting by the end of July, 2026. Looking back to 2025 when the stablecoin-focused Genius Act went live, the related market grew from roughly $204 billion to beyond $311 billion. The move also quadrupled the trading volumes, going roughly from $1 trillion to $4 trillion a day.
Ultimately, a renowned adviser just said trillions in institutional capital sit on the sidelines waiting on the Clarity Act to get the nod. As already seen with XRP, XLM & HBAR, the institutional confidence is exactly what drives the bullish impulse: Stellar’s (XLM) network already deployed multiple money-market funds (MMFs), while Ripple’s going deeper into the payment corridors.
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