Senate Republicans circulated a revised CLARITY Act draft shortly before the September 15 cloture vote, expanding the bill from roughly 616 pages to 635. The new text separately defines an ancillary asset as a network token whose value depends on the entrepreneurial or managerial efforts associated with an originator or a related person. It also states that nothing in the bill causes an ancillary asset to stop being a network token. Read together, the provisions would treat XRP as a digital commodity in secondary markets regardless of how much XRP Ripple holds, addressing the concentration argument that has complicated its classification. The language appears to codify the distinction drawn in the 2023 Ripple ruling, which treated programmatic exchange sales differently from institutional contract sales, but it would not resolve Ripple’s own sales or replace the need for exchange, custody and agency rules. The bill’s timing reflects a difficult vote: cloture on the motion to proceed requires 60 votes, while Republicans hold 53 seats and at least seven Democratic votes are needed if all Republicans support it. Reporting cited in the source indicates the President agreed to expanded conflict-of-interest rules and state-level enforcement powers, concessions intended to attract Democratic support after negotiations broke down over the July text. The draft remains vulnerable to amendment, and its ancillary-asset language could be removed or narrowed. Passage estimates cited in the source range from about 10% from Galaxy Digital and the Solana Policy Institute to roughly 20% in prediction markets for enactment in 2026. XRP has rallied on earlier procedural developments but surrendered those gains; it traded around $1.40, up roughly 4% in a day, versus a July 2025 high of $3.65.