XRP fell below $1.30 after the U.S. Senate voted 49-50 against advancing the Digital Asset Market Clarity Act, recording the largest 24-hour decline among the top 10 cryptocurrencies. The token dropped from about $1.40 before the Tuesday vote to around $1.29, underperforming Bitcoin, Ether and Solana. Although a federal court found in the SEC case against Ripple that XRP itself did not automatically qualify as a security, the proposed legislation could have established broader rules for regulators, exchanges, institutions and other digital-asset businesses. The setback may have removed an expected policy catalyst and contributed to additional selling, while future XRP performance remains tied to market conditions, liquidity, institutional activity and further U.S. regulatory action.