XRP (CRYPTO: XRP) experienced a notable surge to $1.55 after the Senate Banking Committee approved the CLARITY Act, which may help define XRP's status as a commodity rather than a security. Following this spike, the price has pulled back below $1.45. Whale activity has intensified, with wallets holding at least 10 million XRP now controlling 45.83 billion tokens, equating to 68.5% of the circulating supply. This concentration of holdings indicates that major investors are accumulating XRP rather than selling it. The recent inflows into U.S. XRP Spot ETFs reached $18.52 million on Thursday, contributing to total weekly inflows of $49.63 million. The price movement has also been characterized by a breakout from the upper Bollinger Band, suggesting strong momentum, although the recent pullback is seen as a retest rather than a reversal. Support levels are identified at $1.41–$1.42, while traders are positioning for a potential breakout above the $1.50 resistance.