XRP falls to $1.37 as the CLARITY Act remains in limbo
Updated September 26, 2026. · Written by Svetoslav Grigorov
Correction, September 13, 2026: this article was first published on August 27 with XRP at $1.42, after a strong August rally (see table and analysis below). XRP is now correcting along with the rest of altcoins. The original analysis remains below as historical context.
VERIFIED XRP trades at $1.37, down 3.38% over 24 hours, according to CoinDesk checked on September 13, 2026.
How it compares with other large cryptocurrencies
VERIFIED XRP's drop over these days is similar in size to those of Ethereum (-3.45%) and Solana (-2.89%), both also consulted on CoinDesk on September 13, 2026, which suggests a broad altcoin market move rather than something specific to XRP.
Where the regulatory picture stands (CLARITY Act)
VERIFIED The CLARITY Act, the bill that would codify XRP's status as a digital commodity, passed the House in July 2025 and cleared the Senate Banking Committee in May 2026, but the Senate left town on August 8 without voting on it; September is now the realistic window for a vote. In the meantime, the SEC and CFTC already classified XRP as a digital commodity via a joint interpretive release on March 17, 2026 — agency guidance, not statute, which the CLARITY Act would harden into permanent federal law, according to The Motley Fool.
What was behind August's rally (earlier context)
HYPOTHESIS Several outlets attribute the move to a combination of continued inflows into spot XRP ETFs ($23.87 million on August 26), the White House's push for the "CLARITY Act" (which would settle XRP's legal status as a commodity) at an August 19 crypto meeting, and Ripple's announcement of a partnership with South Korea's Jeonbuk Bank for cross-border remittances. This is the reading circulating this week, not a fact independently verified by this site, per CoinGabbar.
HYPOTHESIS Before this rally, XRP spent most of the summer in the $0.90 to $1.10 range; the same coverage describes a surge of more than 56% in a single week, driven by a combination of short-position liquidations and the broader crypto market's momentum after Bitcoin broke above $77,000.
What this does not mean
HYPOTHESIS A 36% monthly rally does not confirm a sustained trend: the same source warns that market positioning has become highly leveraged and one-sided, with social sentiment swinging from extreme pessimism to strong optimism in a short period — a combination that can keep pushing the price up while real demand holds, but can also produce a sharp correction if the momentum fades.
Sources for the correction, September 13, 2026: CoinDesk: XRP Price, CoinDesk: Ethereum Price, CoinDesk: Solana Price, The Motley Fool: The CLARITY Act Is on Hold. Sources consulted on August 27, 2026: CoinGecko: XRP Price, CoinGabbar: What Is Behind the Sudden XRP Price Surge.
Educational notice: this article is analysis based on public data, may be wrong, and is not financial advice. It is not a buy or sell recommendation. The decision and the risk are always the reader's own.