XRP Price Falls 2% as CLARITY Act Vote Slips to September

Ripple XRP price is under noticeable selling pressure, slipping roughly 2.2% over the last 24 hours to trade near $1.03. While broader market leaders like Bitcoin remained largely flat, XRP led losses among major altcoins as a critical legislative catalyst vanished overnight.

Senate Majority Leader John Thune formally delayed consideration of the regulatory bill, queuing the CLARITY Act for after the August recess in September. The unexpected scheduling push removed an immediate tailwind, leaving short positioning to build rapidly as spot demand cooled.

On social channels, speculative projections like CryptoBull’s viral post claiming XRP could hit “$27 by October 2026” continue to circulate, but current order books paint a grimmer short-term picture.

(Will retail buyers step in before $1.00 breaks?) With Polymarket odds for the CLARITY Act passing in 2026 dropping near 30%, market participants are shifting focus to technical support structures ahead of fresh labor data.

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