Prediction: This Cryptocurrency Could Go Parabolic After the 2026 Midterm Elections

XRP (CRYPTO: XRP) has spent 2026 languishing in wait for the U.S. Congress, which keeps missing its deadlines. The coin is about 70% below its all-time high of $3.65, which was set last year.

I predict that the cryptocurrency could go parabolic after the 2026 U.S. midterm elections on Nov. 3. Whether it happens depends on the election results and on the passage (or, with a high probability, deferral with a high probability of later passage) of the Clarity Act. Here's why those two things matter so much.

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The election will affect three issues in particular

Three issues that voters will partially decide in the upcoming election are whether the next Congress is going to be friendly to large financial institutions, whether it's friendly to crypto as an industry, and whether it's friendly to those institutions (not to mention the public) competing in crypto or using its technologies as part of their operations. Lawmakers could, in theory, answer yes to two of those questions and still decline (or punt) on the third. The third issue will probably affect XRP the most.