Where Could XRP Price Go This September as CLARITY Act Nears?

XRP price is at $1.32, down 3% on the day as it is sliding back toward the lower end of its recent range. But the real question is whether this dip is a buying window before a regulatory catalyst, or the start of something uglier.

The pullback follows a failed attempt to hold gains from August’s rally toward $1.70, with XRP now down 7% over the past week.

Ripple released 1 billion XRP from escrow on schedule and returned 700 million XRP back into escrow shortly after, a routine supply event, but one that always draws trader attention when the price is already soft.

500 Million XRP Have left Binance“This sends a relatively positive signal for XRP, although this dynamic is more relevant from a long-term perspective than in terms of having a direct impact on the price in the short term.” – By @Darkfost_Coc pic.twitter.com/fscc2CIzs2— CryptoQuant.com (@cryptoquant_com) September 2, 2026 Meanwhile, XRP Ledger activity tells a different story: cumulative transactions crossed 3 billion, with a 200% surge in on-chain volume even as spot price cooled off.The markets aren’t helping.