XRP, Solana Surge 22% After Clarity Act Failure as Regulatory Moves Lifts Coinbase, Robinhood

Cryptocurrency markets staged a broad rally in the week following the Clarity Act’s failure to advance in the U.S. Senate.

Several major tokens and crypto-linked stocks posted double-digit gains as regulators moved ahead with industry rules despite the legislative setback.

• What’s driving SECZ stock today?

Bitwise Head of Research Ryan Rasmussen highlighted the highest gainer, NEAR Protocol (CRYPTO: NEAR), with an 88.9% jump between Sep. 15 and Sep. 22, while Uniswap (CRYPTO: UNI) spiked 60.5% and Avalanche (CRYPTO: AVAX) rallied 55.5%.

Zcash (CRYPTO: ZEC) gained 46.7%, while Hyperliquid (CRYPTO: HYPE) rose 26.4%. XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) advanced 22.4% and 22.3%, respectively.

Even the largest cryptocurrencies participated in the rally, with Ethereum (CRYPTO: ETH) climbing 14.8% and Bitcoin (CRYPTO: BTC) gaining 14% over the period.

Crypto Stocks Also Joined

The strength wasn’t limited to digital assets.

Securitize Corp. (NYSE:SECZ) surged 63.1%, while Galaxy Digital (NASDAQ:GLXY) gained 21.9% and Coinbase Global Inc. (NASDAQ:COIN) advanced 16.8%.

Robinhood Markets Inc. (NASDAQ:HOOD) rose 12.5%, followed by Figure at 11.5% and Circle Internet Group Inc. (NYSE:CRCL) at 9.6%, according to the Bitwise data.