XRP, XLM, and HBAR Investors Eye Critical September 15 Vote

Investors holding XRP, XLM, and HBAR have a major date to watch on the calendar. September 15 is set for a procedural Senate vote on the CLARITY Act, which may fundamentally change how regulators classify these specific assets. The bill previously saw strong momentum, passing the House with a vote of 294 to 134 and clearing the Senate Banking Committee.

At the center of this debate is the classification of these tokens as digital commodities. Back in March 2026, both the SEC and the CFTC referenced these assets in a way that suggests a shift in regulatory tone. CFTC Chairman Michael Selig recently noted that the agency is prepared to implement new guidelines, adding weight to the upcoming legislative progress.

For the networks involved, clear rules could mean a surge in institutional adoption. Ripple is currently expanding infrastructure, while Stellar continues to move billions in stablecoin volume. Meanwhile, Hedera has seen significant growth in tokenized value through Archax. If the Senate vote succeeds, banks may gain the necessary legal framework to start using these networks for payments and custody services.

Whether the vote passes or stalls, market participants are treating this deadline as a major test for these tokens. Regardless of the outcome, the industry is already looking ahead to the next big milestone, as Ripple prepares for its Swell event on October 27.