#CryptoClarityAct
The basis of this hope lies in the possibility that the law will grant XRP the status of a commodity or digital basic product, placing it under the jurisdiction of the Commodity Futures Trading Commission (CFTC), an entity with a regulatory approach generally considered lighter than that of the SEC.
For assets like bitcoin, whose decentralization is widely recognized, this path seems almost certain. But for XRP, the story is much more complex. The debate is not new, and the legal battle between Ripple Labs and the SEC serves as a testing ground for the arguments from both sides.
User davfish88 defends the pro-commodity stance, arguing: "Do you know that XRP did not have an ICO (Initial Coin Offering)? Why would they label it as a security? I don't think that will happen. As soon as the CLARITY Act is approved, it will fall under the jurisdiction of the CFTC, in my opinion." He then reaffirmed his conviction: "Time will tell. I believe XRP will be labeled as a commodity. And it will happen this year, 2025."
An obstacle in the way
However, not everyone shares this optimism. This is due to the decentralization proof that the CLARITY Act would require, should it be approved by Congress and signed by President Donald Trump.
X user Oxxyy13 offers another perspective. For him, XRP faces its greatest challenge: "Solana and XRP, among others, risk failing due to centralized control of validators or tokens. (…) XRP faces similar issues with Ripple's control over the token supply."
This criticism aligns with the argument of Spanish financial analyst José Luis Cava, who is blunt about it, stating that although "XRP is a technically complete network, the market price is controlled by a single entity.