XRP's Regulatory Catalyst Vote: Senate to Decide CLARITY Act on September 15

XRP has been trading around $1.33, down about 1.7% on Wednesday and 7.6% on the week, despite still being up roughly 22% over the past month after a late-August spike toward $1.70 faded.

The pullback comes as XRP holders turn their attention to September 15, when the US Senate takes a procedural vote that has become the regulatory catalyst sitting beneath XRP's strongest stretch of ETF demand yet.

The CLARITY Act cloture vote will not change what XRP is or what its exchange-traded funds can do; those funds already exist and are drawing record money.

XRP price spiked toward $1.70 in late August before easing back to around $1.33 into the September 15 vote, but this latest price drop may be a mere blip on the radar.