XRP Price Plummets After Clarity Act Fails in Senate

XRP price plummeted by 7.98% after the Digital Asset Market Clarity Act failed on September 15, 2026, leaving its commodity status uncertain.

The bill's failure rendered analyst targets obsolete, forcing ChatGPT to reassess XRP's value without the assumption of passage.

ChatGPT ran a session projecting a 90-day range of $0.90 to $1.65 with a central estimate of $1.20, indicating initial weakness and potential consolidation before recovery.

The model identified the $1.20 to $1.23 range as a key battleground, warning that breaking below it could signal fundamental significance beyond legislative catalysts.

Ripple's Chief Legal Officer Stuart Alderoty stated that XRP stands on settled ground after five years in court with the SEC, citing its digital commodity classification and the inability to reopen the SEC settlement.