XRP Rally Sparks $3 Price Target Amid CLARITY Act Uncertainty

XRP has seen a significant rally in recent days, surging by nearly 50% to about $1.51 after Treasury Secretary Scott Bessent announced that the U.S. Treasury would double its long-term bond buybacks.

The move added over $30 billion to XRP's market cap, from around $62 billion at the low to approximately $94 billion today.

A recent AI model prediction suggests that if the CLARITY Act clears its September 15 cloture vote and ETF inflows hold steady, XRP could reach a target of $1.85 by December.

However, if the cloture vote fails outright on September 15, the AI model's bearish outlook predicts that XRP could fall below $1 to around $0.78.