XRP is trading near $1.40 after the CLARITY Act failed to clear the Senate this week, reviving social-media speculation about a possible $1,000 price. Journalist Eleanor Terrett said her X feed was evenly divided between criticism over who sank the bill and claims that XRP remains on track for four-figure valuations. The legislation needed nine Democratic votes to reach the Senate’s 60-vote threshold and fell short despite Senator Cynthia Lummis offering more than 100 concessions involving anti-money laundering and custody rules. With that legislative route currently blocked, a 2026 signing appears unlikely. Ripple has spent years presenting federal market-structure legislation as a catalyst for institutional capital to enter XRP at scale, but the delay has shifted some attention from policy timing to speculative price targets. XRP’s circulating supply is near 60 billion tokens, while its total supply is 100 billion. At $1,000 per token, its fully diluted valuation (value based on all tokens) would approach $100 trillion, exceeding global GDP. The calculation has not been independently verified beyond the commentator’s own work, and most analysts therefore view a four-figure XRP as a talking point rather than a realistic near-term target. Analyst Vet said XRP’s investment case should depend on actual use of the XRP Ledger for settlement and liquidity rather than social-media price targets. Dom Kwok took the opposite view, saying $1,000 is more likely than ever because of rising institutional interest, without providing a timeline or supporting data. XRP also has roughly 31 billion tokens locked in escrow (tokens held for scheduled release), creating a potential supply overhang if releases outpace demand. Competing settlement networks, including JPMorgan’s Kinexys platform, are building alternatives that could reduce reliance on the XRP Ledger for cross-border settlement. In the nearer term, traders are watching whether XRP can turn $1.50 into support, a level it has struggled to hold for 230 consecutive days. A successful move could open a path toward $1.80 or higher.