Ripple (XRP) is heading into August 2026 trading tightly between $1.13 and $1.14, caught between neutral momentum and a massive legislative shift in Washington. The underlying driver for this price action is the advancement of the US CLARITY Act, a sweeping regulatory framework that just cleared a major hurdle.
Former President Donald Trump recently agreed to the ethics provisions attached to the bill, preventing top government officials from holding crypto assets while in office. That compromise could allow the Senate to vote on the bill before their August recess, fundamentally rewriting the rules for the $680 billion altcoin market.
Forecasts for August show a divided market. Data from Binance projects an optimistic average target of $1.83, though their models account for potential swings from a floor of $1.06 up to $2.59. CoinCodex takes a slightly lower stance, calculating an average August price of $1.52.
Traditional exchanges are modeling a much flatter trajectory. Baseline projections from Kraken and Coinbase anticipate a steady 5% growth rate, placing their end-of-August targets near $1.15. When reviewing the current technical indicators, XRP remains stuck below its 50-day and 200-day moving averages, pointing to a near-term downtrend.
CLARITY Act Redraws the SEC and CFTC Boundaries for Altcoins
The August price movement hinges entirely on how the CLARITY Act treats non-Bitcoin assets. For years, Ripple’s valuation has been suppressed by ongoing legal friction with the SEC over whether XRP constitutes an unregistered security.
The new legislative framework aims to definitively establish which tokens fall under strict SEC securities laws and which transition to the Commodity Futures Trading Commission (CFTC) for oversight. If the Senate passes the bill, the regulatory clarity could uncap XRP’s trading volume across US-based exchanges. This would remove the primary legal barrier that has kept institutional market makers on the sidelines for the past few years.