CLARITY Act: CLARITY Revision Frames XRP Secondary Path as Commodity Asset

The overnight addition to the CLARITY draft locks XRP secondary trading into a commodity classification that stands independent of any single originator stake. This definitional move arrived hours before the September 15 cloture vote and expanded the bill from 616 pages to 635.

Draft Numbers and the Ancillary Clause

The new text introduces an ancillary asset as any network token whose value rests on an originator’s entrepreneurial or managerial efforts. Language in the revision states that classification as an ancillary asset does not remove a token from the network token category. Attorney Bill Morgan’s read, cited across crypto.news and CoinGape, notes the clause places XRP secondary markets under commodity rules without naming Ripple or XRP directly in the bill.

Spot Prices at Midday

CoinGecko data recorded at 12:05 pm ET on September 15 shows XRP holding at 1.39 dollars while majors posted losses. Bitcoin traded at 76,414 dollars, down 3.05 percent over 24 hours. Ethereum sat at 2,422.16 dollars after a 4.16 percent decline. Solana recorded 99.19 dollars, off 3.42 percent, and Dogecoin printed 0.081656 dollars, lower by 3.46 percent. The XRP level stayed steady against the broader pullback.

Cloture Gate and Next Steps

The September 15 vote at 2:15 pm ET requires 60 votes on the motion to proceed. Republicans hold 53 seats, so the threshold stays the operative number. The draft carries no final passage language and does not constitute enacted law. White House ethics and state attorney general enforcement notes also appeared in the revision window, though those sections remain separate from the ancillary asset definition.

Market Leadership on the Move

XRP’s price action led the session by maintaining its level while the rest of the majors recorded red candles. The chart shows limited downside follow-through on the news flow, with the 1.39 dollar mark acting as the intraday reference point. Volume and order flow around that level reflected positioning ahead of the procedural vote rather than broad liquidation.

The ancillary asset language supplies the concrete claim that separates this revision from prior drafts. Traders now watch the 2:15 pm ET cloture outcome for any immediate extension of the move.