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

▲ XRP, Wall Street/AI-generated image ©

XRP (Ripple) is being evaluated as fundamentally changing its status in the market, moving from being a regulatory target to the center of US cryptocurrency policy.

According to cryptocurrency media 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 promoted by the US government. XRP, which was previously embroiled in a securities controversy, became a target of attack due to the absence of a regulatory framework, but is now at the center of institutional design discussions, according to analysis.

The market is paying attention to XRP's 'change in status'. Analyst X Finance Bull pointed out that under the past Gary Gensler regime, the cryptocurrency industry suffered over 100 regulatory actions, and XRP endured a 4-year lawsuit costing approximately $150 million. However, he explained that the situation has rapidly changed over the past year, with the regulatory environment being reformed and a trend emerging where major assets, including XRP, are classified as commodities.

In particular, Ripple CEO Brad Garlinghouse's direct participation in policy discussions is considered a symbolic change. He has moved from a position of fighting regulations in court to participating 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 be favorable to 'US-based cryptocurrencies'. The XRPL ecosystem, including XRP and RLUSD, is evaluated as an asset that possesses both real-world utility and institutional suitability, and there is a strong possibility that it will lead the market in the coming years.

Ultimately, the analysis is that XRP is not just an asset with price appreciation expectations, but is establishing itself as a core infrastructure asset within a structure encompassing regulation, institutions, and real-world use. The market is paying attention to whether XRP can truly settle as a mainstream central asset with the progress of the CLARITY Act.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*