May numbers show a tighter race. Solana has pulled in more than $99 million over 19 trading days, with XRP close behind at roughly $95 million.
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CLARITY Act Versus Alpenglow
Daodu argued the structural difference is regulatory, not technical. The CLARITY Act would set defined rules for XRP custody, collateral treatment, and balance-sheet exposure, a compliance template that pension funds and regulated asset managers need before deploying capital at scale.
Solana's catalyst is different. Alpenglow, a network upgrade targeting sub-150ms transaction finality, aims at throughput rather than legal clarity. Faster settlement matters for developers and traders, Daodu said, but it does not unlock the same tier of institutional money that statutory classification would.
Standard Chartered has projected $4 billion to $8 billion in XRP ETF inflows by year-end if the bill becomes law, several times the current cumulative total.
XRP Price Slide Continues
At the time of writing, XRP traded at $1.37, down 3.8% on the week, while SOL changed hands near $86 after a 6% weekly drop.
The Senate Banking Committee advanced the CLARITY Act in a 15-9 vote last week, pushing XRP briefly above $1.50 before sellers reclaimed the $1.45 level. The token has since recorded five straight bearish sessions, with the $1.36 area now acting as resistance. XRP remains well below its 2025 highs, with traders watching whether the bill's path through the full Senate can deliver the breakout that ETF flows alone have not produced.
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Mehjabeen Arsiwala is a journalist covering crypto news, DeFi, exchanges, trading, and market analysis. Over the past three years, she has focused on the trends and narratives shaping digital asset markets, from price action and forecasts to exchange developments and on-chain signals. She specializes in clear reporting that helps readers understand what is happening in the market and why it matters.
