Dx888

$PI Multiple sources indicate that the update is in progress
The price is rapidly increasing following this news
The update reflects a slow but steady upgrade from PCT from testnet => testnet 2 => mainnet

🪙 The first US spot ETF $XRP ETF has fallen more than 20%
The first US spot XRP ETF (ETF) has dropped over 20% from its post-launch peak, despite strong initial institutional demand.
In this context, the XRP Canary ETF, traded on Nasdaq under the ticker XRPC, closed the last session at $20.26, down about 23.9% from the time of launch.
Interestingly, this ETF surged to the mid-$26 range after launch before reversing lower. At the same time, XRPC has fallen about 8.5% in the latest session and declined more than 10% over the past five trading days.
Although the ETF remains slightly positive over one month, rising around 1.5%, the fund has repeatedly failed to sustain a rebound. Its performance this year has been almost flat overall, masking sharp declines from the launch peak.
This weakness contrasts with a strong ETF debut. The Canary fund made history as the first US spot XRP ETF, offering regulated exposure to XRP without direct token ownership, and attracted significant early trading volume amid pent-up demand after years of regulatory uncertainty.
Initial institutional flows initially boosted optimism, with the XRP spot ETF absorbing around $483 million dollars in December 2025 despite Bitcoin and Ethereum ETFs experiencing outflows, pushing total assets to about $1.3 billion within a few weeks.
However, the chart performance highlights an increasing gap between inflows and price resilience.
After reaching a peak shortly after launch, XRPC slid into a volatile but steady decline, indicating that ETF demand has not been enough to offset weakness in the underlying XRP market and changing risk appetite. The last session also showed investor rebalancing after a prolonged inflow period.
Indeed, the ETF's performance comes as XRP shows weakness in line with broader cryptocurrency market sentiment, with this asset falling below the $2 support zone.

#CLARITYBillDelayed
recent delay of the Digital Asset Market Clarity Act (commonly known as the CLARITY Act or #CLARITYBillDelayed) in the U.S. Senate is more than a temporary setback—it's a pivotal moment that exposes the entrenched resistance to true innovation in digital assets. As of mid-January 2026, the Senate Banking Committee postponed its markup session, originally set for January 15, after major industry pushback, including Coinbase CEO Brian Armstrong publicly withdrawing support. This postponement, with no firm new date and whispers of a shift to late January or beyond, leaves the crypto ecosystem in prolonged uncertainty.
The CLARITY Act aimed to deliver long-overdue regulatory clarity by defining clear boundaries: distinguishing securities from commodities, assigning oversight between the SEC and CFTC, and creating pathways for compliant token offerings, stablecoins, and decentralized finance (DeFi). After passing the House in 2025, it represented bipartisan momentum toward integrating Bitcoin, Ethereum, altcoins, and tokenized real-world assets into the U.S. financial system without constant enforcement threats.
Yet the Senate version introduced contentious changes that tilted the scales heavily toward traditional finance. Key flashpoints include:
Restrictions or outright bans on yield-bearing stablecoins, which would eliminate rewards for holding assets like USDC or similar tokens. This protects incumbent banks from competition, as stablecoins currently enable global, instant, low-cost transfers and DeFi participation far beyond slow bank deposits.
Heightened scrutiny on DeFi protocols, potentially treating open-source developers and decentralized applications as regulated entities, risking criminalization of innovation.
Limits on tokenized equities and real-world asset (RWA) tokenization, curbing the explosion of on-chain stocks, bonds, and property.
A power split between agencies that some see as weakening the CFTC's role in overseeing "digital commodities" like Bitcoin and many altcoins.
These provisions prompted Coinbase's dramatic exit, with Armstrong calling the bill "worse than no bill at all." Over 100 proposed amendments further complicated matters, leading committee leaders to delay rather than risk defeat.
This moment strengthens the case for a bolder, pro-innovation stance in crypto. The delay proves that half-measures—bills masquerading as clarity while preserving legacy banking dominance—will not pass unchallenged. Industry players, from retail holders to major exchanges, are now more unified in demanding rules that foster decentralization rather than constrain it.
For Bitcoin, the delay is a mixed blessing. BTC's decentralized nature makes it resilient to regulatory overreach, but clearer rules would accelerate institutional inflows, ETF expansions, and mainstream adoption. Without them, liquidity and capital formation remain hampered, pushing activity offshore.
Altcoins and Ethereum-based ecosystems face steeper risks. DeFi, Layer-2 scaling, staking, and tokenomics thrive on permissionless innovation. The current draft threatens to stifle these, potentially driving projects and talent abroad.
The broader lesson: Crypto cannot rely on compromised legislation. The delay highlights how banking lobbies and legacy interests weaponize "consumer protection" to maintain control. True progress requires crypto-native voices to push harder for frameworks that:
Explicitly protect non-custodial wallets and self-custody.
Allow yield on stablecoins as a competitive feature.
Shield open-source code and decentralized governance from securities-like treatment.
Prioritize CFTC oversight for commodities like BTC and ETH over SEC dominance.
This isn't the end of the CLARITY Act—negotiations continue—but it is a wake-up call. The industry must leverage this pause to build stronger coalitions, educate lawmakers, and demonstrate crypto's value through real-world use cases. If the bill returns weakened, better no bill than one that entrenches the status quo.
In the meantime, the ecosystem's strength lies in its global, borderless nature. Bitcoin and altcoins will continue evolving regardless of U.S. gridlock. The delay may frustrate short-term price action, but it ultimately reinforces crypto's core ethos: build antifragile systems that outlast political delays.
The fight for real clarity isn't over—it's just getting more determined. The community must stay vocal, informed, and united. Regulatory capture loses when innovation refuses to compromise.L