XRP traded near $1.38 this month despite several developments that have strengthened its regulatory and institutional outlook. The disconnect has prompted some XRP holders to ask why the cryptocurrency has not risen, with crypto commentator Crypto Bitlord asking whether market forces are keeping XRP below levels he considers appropriate.
“Am I insane or is this pure market manipulation holding it lower?” the commentator wrote, adding that a price near $7 “seems more appropriate.”
The post reflects growing frustration among XRP holders who continue to monitor regulatory developments, institutional recognition and activity in the XRP ecosystem; the token remains well below the level highlighted in the post.
Ok I’ve had enough and I’m sure I’m not the only one.
But with all the good ripple:native news why is it still stuck at $1.38 ?
Am I insane or is this pure market manipulation holding it lower? For what reason. So we stay poor?
Realistically $7 seems more appropriate
— Crypto Bitlord (@crypto_bitlord7) September 8, 2026
National Sheriffs’ Association Changes CLARITY Act Position
The National Sheriffs’ Association changed its position on the CLARITY Act on September 3, moving from active opposition to a neutral stance. In a letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer, the organization cited the legislation’s complexity. It said it preferred the legislative process to continue.
The development comes as the CLARITY Act faces an important legislative timetable. The Senate is scheduled to hold its first procedural vote on September 15. Meanwhile, House Republican leadership canceled the chamber’s final two September sessions, with lawmakers expected to leave Washington by September 17.
Congress is not scheduled to return until mid-November. That creates a limited window for lawmakers to address potential Senate amendments and reach an agreement before the recess.
Charles Schwab Includes XRP Among Major Digital Assets
XRP also received recognition from Charles Schwab’s Director of Global Equity Research during a discussion about digital assets that investors could consider. The executive mentioned XRP alongside Bitcoin, Ethereum, Solana and Hyperliquid.
The discussion put Bitcoin as a store of value and Ethereum as a more functional digital asset. XRP appeared among the other major assets mentioned, although the executive did not provide a specific price target.
Ripple also unlocked 1 billion XRP from escrow on September 1. The tokens were worth approximately $1.38 billion at the time. Ripple typically returns most of the monthly release to escrow, limiting what enters the market.
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XRP Remains Below Key Resistance
Despite these developments, XRP has struggled to move beyond resistance around $1.43. The market manipulation claim made by @crypto_bitlord7 remains unverified and represents the commentator’s opinion rather than confirmed market data.
XRP has continued to trade in line with broader cryptocurrency market conditions and changes in ETF flows. For holders, however, the difference between favorable developments and subdued price action remains a key point of discussion.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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