Levi Rietveld has argued that the U.S. CLARITY Act is highly unlikely to clear the Senate before the summer recess — or even during 2026 — while warning that a possible Federal Reserve rate increase could create near-term pressure for XRP, XLM and HBAR.

The YouTube episode’s central message was that investors should distinguish between short-term regulatory and macroeconomic risks and the longer-term institutional adoption case for digital assets.

Levi described the current situation as “nothing short of insanity,” saying social media claims that the legislation is certain to pass are misleading.

Senate math remains the key obstacle ahead of recess

According to Levi Rietveld, the Senate had three days to pass the CLARITY Act before its summer recess. He said the bill would need 60 votes and claimed that, while 53 Republicans support it, enough Democratic senators are unwilling to back the measure.

He framed the disagreement as a broader fight over crypto’s role in finance. In his view, supporters of the bill favor stablecoins, less restrictive markets and greater user control, while opponents prefer tighter oversight and central bank digital currencies.

Those characterizations were presented as the commentator’s view, not as positions attributed to specific lawmakers.

Despite his pessimism on the bill’s immediate prospects, he maintained that the crypto industry does not depend entirely on the legislation. “We do not need the Clarity Act to pass,” he said, arguing that regulatory “rules of the road” could still emerge through other channels.

Oil, inflation and rate expectations could weigh on tokens

The analyst also pointed to geopolitical uncertainty around the Strait of Hormuz, citing remarks attributed to U.S. Secretary of State Marco Rubio that no final reopening agreement had been reached, though progress had been made. He linked disruption risks and higher shipping costs to persistent inflation, which is why the macro backdrop matters for token traders in the near term even when the longer-term adoption narrative remains intact.

That outlook led him to predict a high chance of a Federal Reserve rate increase at its next meeting. He said market odds were above 60%, although the video did not provide a source, rate-contract data or a date for that estimate.

For XRP, XLM and HBAR, Levi said those macro pressures and a stalled CLARITY Act could produce what he called a potentially “last final” major buying opportunity. That is a personal market view, not a documented price forecast, and the video included no token price charts or specific targets.

Institutional adoption remains the longer-term thesis

Levi Rietveld highlighted efforts by major financial institutions to expand crypto offerings, referencing BNY Mellon’s reported plans around crypto staking and broader asset-manager activity in the sector. He argued that institutional integration can continue regardless of whether Congress passes the CLARITY Act, underscoring the gap between policy headlines and the operational changes already underway at large financial firms.