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XRP's stock started April with relative stability. It recently rose to around $1.39, slightly outperforming Bitcoin during the same period. For investors, the most important aspect is not this short-term increase but the stability of XRP's price above the $1.30 level. This support has remained intact despite weeks of sideways volatility.
Meanwhile, the (CLARITY Act) law has returned to the spotlight as the Senate reconvenes on April 13, with limited time before midterm elections slow progress. This is highly significant for the XRP token. Ripple's infrastructure, valued at $2.4 billion, still largely relies on fiat currencies and RLUSD, but the Clarity Act could allow banks to start using XRP directly to provide liquidity.
Explaining the "Strong April" myth
There is a common belief that April is one of the best months for XRP, with average returns of about 25%.
But this figure can be misleading. Most of this performance is due to an exceptional month in 2021, when XRP's price surged over 170% during a strong bullish wave. Otherwise, April has generally been less exciting.