XRP Jumps 6% As CFTC Submits Crypto Market Regulation Proposal

XRP Jumps 6% as CFTC Submits Crypto Market Regulation Proposal

Ripple XRP jumped by about 6% in 24 hours to $1.41, closely tracking a broader market rally primarily driven by renewed regulatory optimism.

The move appears beta-driven, with XRP slightly outperforming Bitcoin’s 4% gain as sentiment improved following the CFTC’s submission of a crypto market structure framework.

XRP’s rise aligns with a 3.71% gain in total crypto market cap. The key driver was the U.S. Commodity Futures Trading Commission (CFTC) submitting a proposed framework for crypto market regulation to the White House on September 17, 2026. 

This action, following the Senate’s failure to pass the CLARITY Act, signalled regulators’ intent to provide clarity using existing authority, boosting overall market confidence.

The move was less about XRP-specific news and more a reaction to improved macro-regulatory sentiment for crypto assets. Spot trading volume surged 63.63% to $4.81 billion, indicating strong conviction behind the price move.

Technically, XRP broke and held above its 7-day simple moving average at $1.34, turning this level into immediate support. The 14-day RSI at 55.46 suggests there is still room for upward momentum before becoming overbought.