XRP Price Eyes $30 as Ripple CLO Reaffirms Regulatory Clarity

XRP bulls are reviving ambitious price targets of as much as $30 after Ripple Chief Legal Officer Stuart Alderoty argued that the cryptocurrency remains on firm regulatory ground despite the US Senate’s failure to advance the CLARITY Act.

Alderoty said the setback in Congress does not change XRP’s existing legal position, pointing to both Ripple’s landmark 2023 court ruling and a March 2026 interpretation issued by the Securities and Exchange Commission (SEC) alongside the Commodity Futures Trading Commission (CFTC).

“Don’t forget – Ripple and XRP stand on settled ground,” Alderoty wrote on X. “The 2023 federal Court ruling established XRP is not a security.”

His characterization simplifies a more nuanced ruling: the federal court found that XRP itself was not inherently a security and that Ripple’s programmatic exchange sales did not constitute securities transactions, while Ripple’s direct institutional sales constituted unregistered securities offerings.

The renewed regulatory focus comes as some XRP traders continue to promote aggressive upside scenarios. XRP advocate Jake Claver said he is targeting a longer-term price between $20 and $30, while outlining a potential path through $1.17, $1.90, $3.10 and eventually $5.20.

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Ripple CLO Points to XRP’s Commodity Treatment

Alderoty also highlighted an important regulatory development that arrived earlier this year.

In March, the SEC and CFTC issued a joint interpretation addressing the regulatory treatment of crypto assets, with XRP identified as a digital commodity.

Alderoty argued that the development gives XRP a clearer regulatory foundation even without the CLARITY Act, adding that he expects future SEC and CFTC rulemaking to continue establishing clearer rules for the industry.

Don’t forget – Ripple and XRP stand on settled ground. The 2023 federal Court ruling established XRP is not a security.

And in March the SEC and CFTC issued a joint interpretation naming XRP a digital commodity. SEC Chairman Atkins and a CFTC Chairman Selig understand these… https://t.co/63ML5xmbAP

— Stuart Alderoty (@s_alderoty) September 15, 2026

The distinction echoes the central issue in Ripple’s long-running litigation with the SEC.

In July 2023, Judge Analisa Torres ruled that XRP itself was not inherently an investment contract. Ripple’s institutional XRP sales violated securities laws, but its programmatic sales through exchanges did not satisfy the same test.

The case became one of the most consequential legal battles in the US crypto industry, providing XRP with a degree of judicial clarity that many other major cryptocurrencies lacked.

CLARITY Failure Leaves Agencies in Focus

The regulatory backdrop has become more important after the Senate failed to advance the CLARITY Act on Sept. 15.

Some XRP supporters argue that the failed legislation does not prevent development of the XRP Ledger or use of XRP under existing rules.

Community member Mr. Cauliman said builders should focus on payments, marketplaces and other applications rather than waiting for Congress, arguing that the “rails are live” and XRP holders need to make use of the infrastructure already available.

CLARITY failed today. That doesn’t mean $XRP stops.

This is why having an SEC that actually understands crypto matters so much. We don’t need Congress to give us permission to use the rails we already have. The SEC and CFTC have already moved toward clearer treatment of crypto…

— MRCΛULIMΛN (@mrcauliman) September 15, 2026

Ripple CEO Brad Garlinghouse similarly said the company would continue engaging with the SEC and CFTC as the agencies develop rules intended to fill gaps left by Congress.

Garlinghouse described the failed CLARITY vote as disappointing but maintained that Ripple’s business remains strong, pointing to demand from traditional finance and the wider digital asset ecosystem.

The distinction is significant. Agency interpretations and rulemaking can provide regulatory guidance, while comprehensive market-structure legislation could establish a more durable statutory framework.

XRP Bulls Revive $20 to $30 Price Target

Against that regulatory backdrop, XRP bulls are again discussing substantially higher valuations.

Claver said he intends to continue accumulating XRP below $3 and considers $20 to $30 sufficient for his personal investment objectives.

$XRP

My prediction proved correct.

I previously warned you about XRP. It has now risen 50% from the levels I predicted.

And this is just the beginning.

Here is my forecast for XRP's next moves:

$1.34 → $1.17 → $1.90

$1.90 → $3.10 → $5.20#XRP pic.twitter.com/wQGNMfhdy3

— Jake Claver, QFOP Xrp (@DigitalAscpv) September 15, 2026

In another post, he mapped a potential progression from $1.34 to $1.17, followed by advances toward $1.90, $3.10 and $5.20.

However, these levels remain speculative targets rather than outcomes supported by the regulatory developments themselves. Commodity treatment does not automatically translate into higher demand or price appreciation.

I’m not looking for $XRP to hit $100 or $598.

$20 to $30 is enough for me.

I’m not stopping at 10,000 XRP.

As long as it’s under $3, I’ll keep accumulating.

What is your ideal "life changing" price for $XRP?#XRP #Ripple #crypto pic.twitter.com/PqysSHYMs2

— Jake Claver, QFOP Xrp (@DigitalAscpv) September 15, 2026

For XRP to approach $20 or $30, adoption and capital inflows would have to increase dramatically. With tens of billions of XRP already circulating, such prices would imply a market capitalization well above $1 trillion, depending on circulating supply at the time.

The immediate argument from Ripple is therefore less about price than regulatory continuity: Congress may have failed to advance CLARITY, but XRP enters the post-vote environment with substantially more defined US regulatory treatment than it had when the SEC sued Ripple in 2020.

XRP Bulls Eye $30 as Ripple CLO Reiterates 2023 Court Win and 2026 Commodity Status

Ripple CLO Points to XRP’s Commodity Treatment

CLARITY Failure Leaves Agencies in Focus

XRP Bulls Revive $20 to $30 Price Target

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