According to research by Galaxy Digital, if the CLARITY Act fails to pass committee review by the end of April, its chances of becoming law within the year will be significantly reduced. The main point of contention for the bill lies in the reward mechanisms for stablecoins, which banks believe could lead to a loss of bank deposits.
XRP Price Analysis: Technical Indicators and Future Outlook
Looking at the 4-hour chart, XRP is currently trading around $1.4178, fluctuating within a narrow range. The support level is near $1.37, while the resistance area is between $1.50 and $1.55.
The Relative Strength Index (RSI) indicates that momentum is building but has not yet become overextended. Specifically, the fast RSI is at 66.30, the medium RSI is at 61.32, and the slow RSI is at 56.47. Trading volume is approximately 11.88 million, significantly below the projected 52.88 million.
Considering the future decentralized finance (DeFi News) roadmap for institutions, including potential developments in confidential transactions and lending protocols, XRP's price could potentially move towards the $2.50 to $3.00 range by the end of the year, though this process is expected to be relatively gradual.
Solana Price Analysis: Technical Indicators and Future Outlook
On the 4-hour chart, Solana's price is currently $88.75. After rebounding from $72, it is consolidating near a key level. The overhead resistance is at $94, and a break above this level could trigger an upward trend.
If the CLARITY Act does not pass, Solana might lose some of its momentum from institutional investors. The approval of Exchange Traded Funds (ETFs) could be delayed, and the inflow of professional capital might be restricted. Solana is also preparing for the upcoming Alpenglow upgrade, which aims to achieve 100 to 150-millisecond finality, a significant technical improvement that could rival traditional exchanges.
In the absence of regulatory clarity, Solana's price may trade between $80 and $120 in the short term. However, advancements in technologies like Alpenglow and Firedancer still position Solana as crucial infrastructure. If global adoption accelerates, reaching the $150 to $200 target by year-end remains possible, but significant upside potential still hinges on clearer U.S. regulatory policies.