XRP
XRP Recovers to $1.58 Following US Senate Vote on CLARITY Act
Ripple's token erased its post-vote losses over the month despite lagging the gains recorded by major competing digital assets.
XRP rebounded to $1.58 as of September 22, 2026, recovering from a drop triggered by legislative setbacks in the United States Senate. The digital asset had fallen to a low of $1.25 on September 16 following a 49 to 50 cloture vote on September 15 that blocked the CLARITY Act, a bill that would have classified XRP as a commodity.
The subsequent price increase pushed XRP above the $1.50 threshold on September 21, allowing it to surpass its August 22 closing level of $1.46. However, over a 30-day span, XRP's 4.1% advance lagged the stronger gains posted by Bitcoin, Ethereum, and Solana, which rose 11.1%, 11.7%, and 23.6%, respectively.
According to the report, the late-September price rebound was primarily propelled by short covering rather than substantial new capital inflows. Derivatives market indicators, including negative funding rates, pointed to crowded short positions, while post-vote inflows into XRP investment products reached roughly $19 million compared to $986 million for Bitcoin funds.
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