XRP Holds Near 1.39 Dollars on 635-Page CLARITY Draft Update

Bitcoin fell 3.05 percent to 76414 dollars while the Senate Republican draft of the Digital Asset Market Clarity Act grew to 635 pages ahead of the September 15 cloture vote.

Price Snapshot at Publication

CoinGecko listed Bitcoin at 76414 dollars down 3.05 percent over 24 hours. Ethereum traded at 2422.16 dollars after a 4.16 percent decline. Solana sat at 99.19 dollars with a 3.42 percent drop. Dogecoin printed 0.081656 dollars down 3.46 percent. XRP held near 1.39 dollars with no percentage move reported in the snapshot.

Draft Expansion Details

The revised text added roughly 19 pages overnight from the prior 616-page version. One new section defines an ancillary asset as a network token whose value depends on an originator or related party entrepreneurial or managerial efforts. The language is read to treat XRP secondary market trades as digital commodity activity regardless of Ripple holdings.

Attorney Bill Morgan reviewed the overnight changes and noted the definition pins secondary trading status as a commodity. The bill text itself does not name XRP or Ripple.

Procedural Gate Ahead

Cloture on the motion to proceed requires 60 votes at the 2:15pm ET September 15 gate. Republicans hold 53 seats. The vote opens debate and does not decide final passage.

White House ethics and state attorney general enforcement concessions also appeared in the same revision window. Those adjustments sit alongside the ancillary asset language without altering the cloture math.

Market Context and Numbers

Majors posted red candles across the board while the 635-page draft circulated. XRP price at 1.39 dollars showed relative steadiness against the broader 3-plus percent declines in Bitcoin Ethereum Solana and Dogecoin. The 19-page overnight increase represents the largest single expansion in the current drafting cycle.

Spot prices from CoinGecko reflect the moment the expanded text reached market participants. No volume figures accompany the price list.

Path Forward on the Timeline

The ancillary asset clause separates definitional clarity from any floor outcome on the September 15 vote. Community observers track the 635-page count and the 2:15pm ET timing as the immediate numbers to watch. Further revisions remain possible before any debate begins.

The draft keeps the focus on secondary market treatment for network tokens that meet the ancillary test. That framing leaves XRP trading status tied to the new language rather than originator holdings.