XRP Surges to All-Time High Above $3.66 as U.S. Crypto Laws Ignite Record Trading Volumes

XRPUSDT experienced significant volatility in the last 24 hours, with the price reaching a high of $3.66 before retracing to $3.4353, representing a 4.08% decline from the 24-hour open of $3.5816 on Binance. The primary driver of recent price action has been the passage of major U.S. crypto legislation, including the GENIUS Act and the Digital Asset Market Structure Clarity Act, which provided regulatory clarity and spurred both institutional and retail participation. This legislative progress led to record trading volumes, substantial institutional inflows, and a surge in open interest for XRP derivatives, pushing the asset to a new all-time high and briefly elevating its market capitalization above $200 billion. However, after the initial rally, profit-taking and market adjustments contributed to the observed price pullback. Currently, XRPUSDT is trading at $3.4353 with a 24-hour trading volume exceeding $8.4 billion, reflecting sustained high investor activity and interest following these regulatory developments.