CLARITY Act setback pressures XRP as Zcash rallies toward $1,250

  • The Senate rejected the CLARITY Act cloture motion 49-50, sending XRP toward $1.29 while Zcash reversed an initial sell-off.
  • XRP fell 9% to $1.28 in one reported daily move, while ZEC reached roughly $1,250 with $7.70 billion in 24-hour futures volume.
  • CLARITY Act enactment odds fell below 20% for 2026, while nearly 2.4 million eligible ZEC backed NU7-related proposals.

XRP traded near $1.29 on Sept. 16, 2026, after the Senate rejected a CLARITY Act cloture motion 49-50 on Sept. 15, while Zcash (ZEC) briefly fell with the broader market before rallying to roughly $1,250. XRP had declined about 8% over seven days, including a 9% one-day fall to $1.28, as markets also anticipated a possible 25-basis-point Federal Reserve rate increase following higher-than-expected Sept. 11 inflation data. ZEC’s market capitalization reached approximately $21 billion, with about $7.70 billion in 24-hour futures volume, $2.61 billion in open interest and $18.07 million in liquidations. Prediction-market odds of CLARITY Act enactment in 2026 fell from about 34% before the vote to below 20% afterward, while Zcash holders strongly supported proposals for the NU7 upgrade, including reducing the target block interval from 75 seconds to 25 seconds.

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