XRP Holds Near $1.15 as Ledger 3.2.0 Upgrade Cuts Memory Use and CLARITY Act Sparks Supply Debate

The XRP token is trading in a narrow band around $1.13‑$1.15, with the two‑month Relative Strength Index hovering near the pivotal 50 level. Analysts note that a sustained stay above 50 could confirm a recovery, while a slip below may push price toward long‑term support near $43.66. Ripple has released Ledger version 3.2.0, which reduces node memory consumption by up to 40 % and improves transaction performance, though it does not introduce new demand drivers. On‑chain data show a 17.7 % daily rise in XRP burned through transaction fees, indicating continued network activity despite broader market weakness.

Regulatory discussion has intensified around the U.S.‑proposed CLARITY Act, viewed as a potential catalyst that could clarify digital‑asset classification and lower barriers for banks and payment firms, thereby affecting XRP’s limited tradable supply. Institutional exposure is growing, with T. Rowe Price’s newly approved Active Crypto ETF (TKNZ) including XRP among its weighted holdings. Comparisons with Stellar reveal XRP lagging in real‑world asset deployment and transfer volume, despite hosting more RWA projects. The combination of technical upgrades, regulatory speculation, and increasing institutional interest keeps XRP in focus for traders monitoring its next price move.