Crypto markets showed resilience on Friday as XRP and Solana steadied ahead of the highly anticipated SEC CLARITY Act Roundtable scheduled for April 16. XRP gained 0.66%, trading near $1.34 while holding firm above the critical $1.30 support zone. Solana edged 1.12% higher to $83.43, staying above the key $80 level as bulls target a potential push toward $100.
The broader crypto market rose 0.75%, with total market capitalization reaching $2.43 trillion. Bitcoin climbed above $71,000, Ethereum recovered to $2,100, and altcoins including Cardano and Dogecoin posted meaningful gains. A confirmed two-week ceasefire between the United States and Iran eased geopolitical tensions, fueling renewed risk appetite across digital asset markets.
The April 16 SEC roundtable is expected to be a defining moment for crypto regulation in the United States. In March 2026, the SEC and CFTC jointly classified 16 digital assets — including Bitcoin, Ethereum, Solana, and XRP — as digital commodities under CFTC oversight. The upcoming discussion will explore whether this framework should be codified into law through the CLARITY Act, which SEC Chair Paul Atkins has openly encouraged Congress to advance. Analysts note that previous periods of regulatory clarity have historically triggered sustained crypto market rallies, making this event one to watch closely.
For XRP, breaking above $1.40 resistance could open the door to a $1.50 target. However, MACD indicators suggest fading bullish momentum, and a drop below $1.30 could expose prices to $1.25. On-chain data also reveals that large XRP holders have aggressively accumulated, with whale balances now reaching 11 billion tokens. Meanwhile, Solana's DeFi total value locked has recovered 6% recently, with a confirmed breakout above $90 potentially setting the stage for a run toward $100.
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