Ripple’s XRP token climbed higher on Tuesday as the broader cryptocurrency market rallied. The digital asset traded at $2.14, up 5.4% over the previous 24 hours as of 7 p.m. ET on January 13.
XRP Price
The crypto market gained momentum after Senate Banking Committee Chair Tim Scott released a draft of the Clarity Act. The proposed legislation aims to establish simplified rules and regulatory frameworks for the cryptocurrency industry.
The draft includes provisions that would classify XRP in the same regulatory category as Bitcoin and Ethereum. Many XRP investors viewed this as positive news for the token’s regulatory status.
The Senate originally planned to discuss the Clarity Act this week. However, analysis of the proposed legislation has been delayed by two weeks. The timeline for passing comprehensive crypto regulation remains uncertain.
The Bureau of Labor Statistics released new inflation figures on Tuesday morning. The consumer price index increased 0.2% month-over-month and 2.6% annually.
Economists had forecasted sequential inflation of 0.3% and annual inflation of 2.7%. The lower-than-expected numbers encouraged crypto investors.
The softer inflation data raised speculation that the Federal Open Market Committee might lower benchmark interest rates multiple times this year. Lower interest rates typically create favorable conditions for cryptocurrency markets.
XRP exchange-traded funds have recovered from recent setbacks. The products attracted $12.98 million in inflows on January 13, according to Sosovalue data.
The XRP ETFs recorded their first outflow on January 7, losing $40.8 million. However, the funds have now recouped those losses after four consecutive days of inflows totaling $41.67 million.
The first XRP ETF from Canary Capital launched on November 13, 2025, bringing in $245 million on its debut. Four additional ETFs from Bitwise, Grayscale, Franklin Templeton, and 21Shares followed in late 2024.
All five ETFs crossed the $1 billion milestone on December 15 after 21 days of consistent inflows. The funds ended 2025 with $1.17 billion in cumulative netflows.
The products continued their momentum into 2026 with inflows of $13.59 mi=llion, $46.1 million, and $19.12 million in the first three trading days of the year.
XRP ETFs now rank third among crypto ETFs by total inflows at $1.25 billion. Bitcoin ETFs lead with $57.27 billion since their January 2024 launch. Ethereum ETFs hold $12.57 billion in inflows since July 2024. Solana ETFs have recorded $833.51 million in netflows despite launching before XRP products.
The post Ripple (XRP) Price: Token Rises as Crypto Market Rallies on Regulatory Optimism and Inflation Data appeared first on CoinCentral.

