XRP
XRP Rebounds to $1.39 Following CFTC Regulatory Rule Submissions
XRP recovered roughly 7 percent after the US CFTC submitted crypto regulatory proposals following the Senate's rejection of the CLARITY Act.
XRP gained over 7 percent on September 18, 2026, reaching $1.39 within a 24-hour range of $1.29 to $1.40. The recovery brought the asset's market capitalization to roughly $87 billion, positioning it as the fifth-largest cryptocurrency. Despite a 30-day gain of about 30 percent, XRP remains more than 60 percent below its record high of $3.65 reached in July 2025.
The price recovery follows volatility earlier in the week caused by the failure of the Digital Asset Market CLARITY Act in the US Senate on September 15. The proposed legislation sought to define jurisdictional boundaries between the Commodity Futures Trading Commission and the Securities and Exchange Commission, a distinction central to XRP's regulatory status.
Sentiment shifted on September 17 when the CFTC submitted two proposed frameworks, titled Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets, to the White House Office of Information and Regulatory Affairs. CFTC leadership had directed staff to establish rules under existing statutory authority, providing regulatory progress despite the absence of new federal legislation.
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