Coinspeaker
Sep 17, 2026
8 0
Neutral

Senate stalls CLARITY Act and pushes XRP to key $1.26 support

2 min

XRP surged 70% in August from $1 to $1.70, then led market losses after the CLARITY Act stalled in the US Senate. Price: ~$1.31 near a key support zone. On-chain data shows increased whale activity before the rally. Ripple expanded payments, tokenization and AI tools, while regulatory uncertainty and broader market caution weigh on sentiment.

Whale Activity Ahead of the August Rally

XRP Number of 1M+ Wallets

XRP Number of 1M+ Wallets Sentiment

Santiment reported 85 new wallets with at least 1 million XRP appearing two days before the August 17–21 surge. Large holders can absorb sell pressure, support bids and move liquidity faster than retail. Shifts in these wallets have preceded major XRP price moves.

Ripple initiatives: an RLUSD credit fund for fintech and payments on XRP Ledger; ZILO and Licuido investments for tokenization, transfer agency and collateral tools; GSmart AI expansion for enterprise finance covering forecasting, liquidity, risk, reconciliation and reporting. Santiment’s outlook: constructive into year-end given high whale counts, RLUSD settlement utility and institutional tokenization narratives.

Regulatory Setback and Key Technical Levels

XRPUSDT Chart 1D

XRPUSDT Chart 1D TradingView

After the Senate did not advance the CLARITY Act, XRP dropped more than 8% in a day, the largest decline among major coins. XRP is sensitive to US regulatory signals.

Price structure: spring range $1.26–$1.54; June breakdown to ~$1 in August; rally to $1.70; pullback. The $1.26–$1.27 zone aligns with former range support and a flattening 200-day moving average.

  • Above $1.26: recovery intact with a move to $1.54 likely; a breakout could target $1.70 by year-end.
  • Below $1.26: risk of retrace to $1.00.

Whale behavior remains the main signal. Sustained large-holder participation supports defense of $1.26 despite regulatory headwinds.