XRP (XRP)

XRP just went from why is it dumping" to $1.10 in like 18 hours📈 the ones who bought that 1.04 dip are built different fr $XRP https://t.co/MHAFyWhKMf

I asked GROK and it appears that Ripple may have already cleared the 20% threshold rule in the Clarity Act with the recent commodity designation.👇

GROK Answer; No, Ripple will not face a strict legal requirement to immediately reduce its XRP escrow holdings below the 20% threshold solely because of the CLARITY Act (if/when passed). However, the 20% supply concentration test plays a key role in determining whether XRP's underlying blockchain qualifies as a "mature blockchain system," which affects the ease of full commodity treatment, secondary trading rules, and transition from any lingering SEC oversight.

https://t.co/zD6ZzuutQh

How the 20% Threshold Works in the CLARITY ActThe House-passed version of the bill (H.R. 3633) defines a "mature blockchain system" as one not controlled by any single person or group under common control. One explicit factor in assessing control (and thus maturity) is whether any entity holds 20% or more of the total units of the digital commodity. Other criteria include:The sys