XRP Price Forecast as Senate Republicans Revise CLARITY Act

Frank bevah
Frank bevah

Frank bevah

Market Analyst
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
XRP Price Forecast as Senate Republicans Revise CLARITY Act

Highlights

  • Senate revisions could clarify XRP regulation, though passage remains uncertain.
  • XRP price holds $1.30 support, while $1.37 unlocks stronger recovery targets.
  • XRP ETFs attracted $5.14 million despite falling fund share prices.

XRP Price traded near $1.33 as digital assets extended a macro-driven retreat. 

The crypto market capitalization fell 1.47% over 24 hours to $2.61 trillion. 

Bitcoin price hovered at $76,709, while Ethereum held near $2,471.58. Regulatory developments offered a counterweight, although the Fed decision kept traders cautious.

Senate Republicans Revise CLARITY Act

Senate Republicans released an updated CLARITY Act following negotiations during the August recess. Eleanor Terrett reported that key provisions remain unchanged. They include ethics rules, BRCA measures, and unchanged stablecoin-yield provisions.

The draft requires non-decentralized DeFi protocols to register with the Commodity Futures Trading Commission. That approach aligns with Section 10301 of the Senate Banking Committee’s version.

Lawmakers also limited DeFi provisions to spot or cash digital commodity transactions. The adjustment appears intended to address tribal concerns about blockchain prediction markets. Further language clarifies that credit unions may provide crypto-related services under regulatory standards.

The Senate faces a procedural vote on September 15, when supporters will need 60 votes. The resistance is still based on money-laundering protections, ethics regulatory measures, and threats to traditional bank deposits. 

The passage would enhance regulatory predictability of XRP and other tokens that are payment-oriented. However, another delay may weaken sentiment and preserve uncertainty across US crypto markets.

XRP Forecast Ahead of FOMC

The Federal Reserve meets September 15–16, placing monetary policy alongside the Senate vote as a major market catalyst. 

Futures markets indicated roughly 70% odds of a quarter-point increase from the current 3.50%–3.75% range. The increase of the borrowing rates may enhance the dollar and strain XRP and other risk assets.

XRP will have to hold on to support levels of approximately $1.30 to avoid further falling to the level of $1.25. 

XRP Price Forecast as Senate Republicans Revise CLARITY Act
Fed watch data

A recovery above $1.37 could reopen the path toward $1.45 and potentially $1.50. Regulatory progress and a softer Fed outcome would support that rebound. Conversely, legislative failure or hawkish guidance could keep XRP trapped below resistance.

XRP ETF Assets Reach $1.45 Billion Despite Falling Fund Prices

XRP exchange-traded funds recorded $5.14 million in net inflows on September 10, led entirely by Franklin’s XRPZ product. Combined trading volume reached $25.63 million, while total assets stood at $1.45 billion. 

XRP Price Forecast as Senate Republicans Revise CLARITY Act
Source: Soso value data

Overall inflows across the five listed funds have reached $1.70 billion. Bitwise remained the largest fund, holding $498.84 million, although its shares declined 3.83% during the session. Franklin’s fund held $376.88 million after attracting the day’s only reported inflow.

Investment disclaimer: The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Frequently Asked Questions (FAQs)

1. Why is XRP facing downward pressure?

Macroeconomic uncertainty and expectations for higher interest rates reduced demand for risk assets. Cautious trading before the Federal Reserve decision also pressured XRP.

2. What are the main CLARITY Act revisions?

The draft requires non-decentralized DeFi protocols to register with the CFTC. It also narrows provisions to spot transactions and clarifies credit unions’ authority.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

XRP

XRP

$1.39855779 0.94% (24h)

24 Hours volume

$938.89M

Market Cap

$87.75B

Max Supply

100B

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About Author
About Author
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.