XRP Stalls at $1.38 as Investors Push for Higher Price Target

XRP has maintained its price at around $1.38 despite recent regulatory and institutional developments that have boosted the token's visibility.

Crypto commentator Crypto Bitlord expressed frustration on social media, stating that a price of $7 would be more fitting given the current conditions.

The National Sheriffs' Association has revised its stance on the CLARITY Act, moving to a neutral position, while the U.S. Senate plans a procedural vote on the bill on September 15.

Ripple has continued to demonstrate market supply discipline by unlocking 1 billion XRP from escrow as scheduled, but XRP still faces resistance at around $1.43 and has failed to break out of its current trading range.