# Ripple Bounces After Senate Vote

> XRP recovers 8% after Senate vote loss.
- Title: Ripple Bounces After Senate Vote · 24/7 Wall St. | Shortify
- Summary: XRP recovers 8% after Senate vote loss. XRP rose 8% in a month following a Senate vote that sent it plummeting.
- Keywords: ripple, xrp, senate, clarity act, sec, cftc, crypto, stock market, short squeeze, commodity trust, Bounces, Vote
- Source: 24/7 Wall St. — https://247wallst.com/investing/cryptocurrency/2026/09/22/ripple-xrp-bounces-back-for-the-month-after-losing-8-on-the-senate-vote
- Author: Sam Daodu
- Published: 2026-09-22T21:29:38+00:00
- Read time: 1 min
- Topics: ripple, xrp, senate, clarity act, sec, cftc, crypto, stock market, short squeeze, commodity trust
## XRP price rebounds
XRP clawed back from a brutal Senate vote that sent it plummeting.
## XRP price history
XRP peaked at $1.70 on August 22 and closed at $1.46 that day.
## Senate vote impact
The Senate vote failed 49 to 50 on September 15, dropping XRP to $1.28.
## XRP recovery
XRP rose to $1.58 in 24 hours after the vote, up 8% from August 22.
## XRP vs. peers
XRP gained 4.1% over 30 days while Bitcoin, Ethereum, and Solana jumped 11.1%, 11.7%, and 23.6%.
## Short squeeze
XRP saw a short squeeze as traders closed $300 million in short positions on September 21.
## XRP administrative wins
XRP gained four administrative wins including CFTC rulemaking and SEC approval of Nasdaq Texas.
## XRP price support
XRP’s key support is around $1.53, 3% below current price.
## XRP recovery question
XRP’s recovery may be temporary if short sellers return or new buyers don’t replace them.
## Key takeaway

XRP rose 8% in a month following a Senate vote that sent it plummeting.