XRP Faces September Selling Pressure Amid Regulatory Uncertainty

XRP entered September trading near $1.35 after gaining 28.5% in August, its strongest August performance since 2021.

On September 1, Ripple unlocked 1 billion XRP through three escrow transactions, but only a portion of this amount is likely to enter the market as Ripple typically re-locks unused XRP back into escrow.

The upcoming XRPL 3.3.0 upgrade, expected on September 11 pending validator approval, introduces confidential transaction features using zero-knowledge proofs and addresses security vulnerabilities in single-asset vaults and lending protocols.

A key event this month is the Senate's vote on the CLARITY Act on September 15, which could clarify XRP's regulatory status and provide long-term legal certainty.