XRP and XLM prices rose by more than 8% on September 14, 2026, as traders reacted to the upcoming Senate procedural vote on the Digital Asset Market Clarity Act. XRP reached $1.47, a gain of 8.42%, while XLM climbed 8.44% to $0.1949.
The CLARITY Act aims to classify specific digital assets as commodities, defining jurisdictional boundaries between the SEC and the CFTC. The final 635-page draft, released on September 13, includes 126 changes and addresses ethics rules, developer liability, and stablecoin yields.
A cloture vote is scheduled for September 15, 2026, at 2:15 p.m. ET. The bill requires 60 votes to advance. Despite the market rally, prediction markets remain skeptical, with Polymarket estimating a 30% chance of passage and Galaxy Research projecting 10%.
Current disputes involve $1.4 billion in crypto income linked to President Trump and $1.35 billion in annual USDC rewards revenue. If the cloture motion fails, comprehensive market-structure legislation may be delayed until 2027.
