Senator Lummis sets May markup for CLARITY Act at Bitcoin 2026

Senator Lummis announced a May markup for the CLARITY Act at Bitcoin 2026, aiming to finalize the bill. The market for XRP reaching $2.60 in April sits at 15% YES.

The CLARITY Act’s progress could reduce regulatory uncertainty around XRP. The April 30 market is where the action is, as traders weigh whether legislative changes could lift XRP’s price. The April 13-19 market holds at 100% YES with no trading volume, so the broader XRP sentiment depends on whether Lummis follows through.

Zero actual USDC volume across these XRP markets points to a lack of current liquidity. The order books are shallow, meaning any substantial trade could swing prices significantly. Traders appear to be waiting for concrete legislative action before committing capital.

This announcement is a signal, not a catalyst. For traders, a regulatory framework under the CLARITY Act could ease some pressure on XRP, but that depends on actual legislative movement. With a YES share priced at 15¢, the payout would be 6.67x if XRP hits $2.60 in April. That bet requires believing the Senate will advance the act quickly.

Watch for further statements from the Senate Banking Committee and any shifts in SEC positioning. Lummis’s next public comments or committee updates could move this market.

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