How High Could XRP Price Go as CLARITY Act Momentum Builds Ahead of September 15?

XRP Price hovered around $1.37 on August 31 as markets weighed renewed progress surrounding the United States cryptocurrency framework. 

XRP price declined approximately 2% during 24 hours, indicating that political optimism has yet to inspire lasting demand. The approaching September 15 Senate vote now presents a major catalyst for XRP traders.

CLARITY Act Vote Brings September 15 Into Focus

On September 15, Senators will vote on a cloture motion at 2:15 p.m. to approve the Digital Asset Market Clarity Act. The measure requires a 60 vote before the chamber gets to a formal debate of the proposed regulatory framework. Success would only take the discussion to the next stage, not guarantee approval.

Some matters are still to be addressed, including rewards for stablecoins, safeguards for decentralized finance and proposed ethical constraints. In July 2025, the House voted on and passed its version 294–134, with 78 Democrats voting in favor. In May 2026, the Senate Banking Committee passed the suggestion by a score of 15-9, but a more general measure was then dropped.

Before further steps could be taken, Democrats are said to have demanded greater protections relating to political officials and cryptocurrency profits. Estimates from the prediction markets have shifted to show that 2026 passage is now close to 14%, down from February when estimates were at 82%. If cloture is unsuccessful, it may not provide enough time until the Oct. election recess.

CFTC Chairman Michael Selig has indicated that the agency has authority to craft the rules of the market with its current powers. In the meantime, on August 18th, the SEC issued Regulation Crypto Assets, which includes a few definitions that align with CLARITY.

XRP ETFs Attract Record $110.49 Million Weekly Inflows

XRP exchange-traded funds collected $110.49 million last week, marking their largest weekly inflow on record. The figure represents a positive sign of an institutional interest in the weak performance of XRP towards the weekend.

On August 28, net inflows totaled $26.20 million, putting total net inflows at $1.66 billion. The products had $1.44 billion in combined net assets, which accounted for 1.66% of the market cap of XRP.

Source: Sosovalue data

Canary’s $5.12 million and Franklin’s $2.99 million were lagging behind Bitwise’s $15.40 million. The distribution indicates a growing popularity among a number of regulated investment providers in the world.

XRP Price Prediction Eyes $1.55 Breakout Toward $2

The XRP price’s first task involves holding the $1.35 to $1.38 support area during the latest pullback. A firm defense could encourage another advance toward $1.47.

Resistance between $1.53 and $1.55 would then determine whether the recovery gains stronger momentum. A daily finish above $1.55 could reopen $1.70, the recent swing high.

Continued legislative progress and institutional inflows may subsequently support an extension toward $1.80. If confirmed, XRP price may break $2 under special circumstances, but this is highly contingent.

Source: TradingView

The RSI has eased to 43 after previously entering overbought territory. The loss of $1.30 would be followed by $1.20 in ongoing market declines.

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Author

  • Crystal Kim is a New York-based markets and investing reporter with more than 10 years of experience. Prior to joining Investopedia in July 2025, she covered crypto for Axios.

Crystal Kim

Crystal Kim is a New York-based markets and investing reporter with more than 10 years of experience. Prior to joining Investopedia in July 2025, she covered crypto for Axios.