A viral XRP price prediction faces a rapidly closing window after the US Senate blocked the crypto industry’s flagship CLARITY Act bill.
CryptoBull, a popular analyst on X, previously predicted that XRP could reach $27 by the end of October.
With 43 days remaining and XRP trading near $1.32, the massive prediction is back in focus after XRP’s retreat below $1.40.
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Reaching $27 would require XRP to multiply in value by more than 20 times before Oct. 31.
That works out to approximately 63% compounded weekly growth, or more than 7% daily, for the remainder of the forecast period.
How does $27 for #XRP sound by end of October 2026? pic.twitter.com/GQOsyBayvc
— CryptoBull (@CryptoBull2020) August 6, 2026
A rally of this magnitude would transform XRP’s position in the crypto market into a powerhouse.
Based on CoinMarketCap’s reported circulating supply of around 62.88 billion tokens, a $27 price would produce a market cap of nearly $1.7 trillion.
That would make XRP larger than Bitcoin’s current $1.56 trillion market capitalization.
The political backdrop has also moved against the prediction.
On Tuesday, the Senate rejected a motion to advance the CLARITY Act by 49 votes to 50. The legislation required 60 votes to clear the procedural hurdle.
Although the defeat does not directly prevent XRP from growing, it removes a regulatory catalyst that traders expected may reduce uncertainty around major US-traded crypto.
That makes the remaining timeline particularly difficult.
CryptoBull’s original prediction assumed XRP would accelerate during September before climbing through two levels shown on his chart.
Instead, XRP fell as low as $1.29 following the Senate vote, then recovered to around $1.32 on Friday.
CryptoBull’s chart placed an intermediate target near $7 before the projected move to $27.
The analyst based the forecast on an ascending channel drawn across XRP’s weekly chart, arguing that earlier contacts with the channel’s lower boundary had come before major rallies.
A subsequent analysis of the forecast highlighted XRP’s approximately 580% advance between late 2024 and early 2025 as a potential historical comparison.
However, even the lower $7 target now requires a roughly 430% gain from current levels.
It would give XRP a circulating market capitalization of approximately $440 billion.
CryptoBull’s price calls have also changed over time.
The analyst previously referenced targets of $28 and $23 before publishing the $27 October forecast.
Technical chart patterns can help to identify possible price levels, but they cannot guarantee that XRP will reach them.
A separate vote in Washington delivered little encouragement for XRP bulls on Wednesday.
The House Financial Services Committee advanced the American Reserve Modernization Act of 2026, which would place the Strategic Bitcoin Reserve and a separate Digital Asset Stockpile on a statutory footing.
Under the proposed legislation, Treasury would have 180 days after enactment to establish both structures.
However, the bill gives Bitcoin significantly stronger treatment than other crypto.
Bitcoin acquired by the federal government would enter the reserve and generally be protected from sale for at least 20 years.
XRP is not named in the legislation, and the bill does not authorize the Treasury to purchase it on the open market.
The token could enter the separate stockpile if it were already held or later acquired by a federal agency, but that would not guarantee it a permanent place.
Treasury would have discretion to sell or convert non-Bitcoin stockpile assets. Proceeds could then be used to increase the government’s Bitcoin holdings or reduce the national debt.
President Donald Trump’s March 2025 executive order created a similar hierarchy between reserved Bitcoin and other government-owned crypto assets.
Kurt Robson is a London-based reporter at CCN, specialising in the fast-moving worlds of crypto and emerging technology. He began his career covering local news in Cornwall after graduating from Falmouth University with First Class Honours in Journalism. There, he cut his teeth on everything from council meetings to missing swans.
He quickly rose through the ranks to become a frontline journalist at several of the UK’s leading national newspapers. Over the years, he has interviewed musicians and celebrities, reported from courtrooms and crime scenes, and secured multiple front-page exclusives.
Following the upheaval of the COVID-19 pandemic, Kurt shifted his focus to technology journalism—just ahead of the AI boom. With a natural curiosity and a trained eye for emerging trends, he has found a new rhythm in reporting on innovation.
At CCN, Kurt's work focuses on the cutting edge of crypto, blockchain, AI, and the evolving digital world. Drawing on his background in people-first reporting and his deep interest in disruptive tech, Kurt delivers stories that are insightful, entertaining, and human-centric.
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