Can XRP Hold Above $1 in August 2026?

XRP is defending the $1 level after dipping to $1.01, recovering toward $1.04 as the CLARITY Act sinks deeper into legislative uncertainty ahead of a September vote.

The psychological floor held, though the token remains the weakest performer among major cryptocurrencies this week.

Why the CLARITY Act Keeps Weighing on XRP

Cloture is the Senate procedure that ends debate on a bill, typically requiring 60 votes to advance legislation toward a final decision.

Majority Leader John Thune still intends to file cloture on the motion to proceed before lawmakers leave for the August recess. That move carries real significance. Filing would position the CLARITY Act for a procedural vote when the Senate returns, signaling Republican leadership still prioritizes the bill.

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