XRP's price hit a new record high of $3.65 after the signing of the Genius Act, ushering in a friendly regulatory era for the stablecoin market in the United States.
The White House's decision has generated strong momentum for XRP and the cryptocurrency industry, reflecting the increasingly close ties between politics and digital finance.
MAIN CONTENT
The Genius Act helps the United States establish a new legal environment supporting stablecoins.
XRP surged 16%, reaching an all-time high of $3.65, with strong derivatives activity.
Ripple's vision is reinforced by the combination of technological innovation and policy.
How does Ripple evaluate the signing of the Genius Act at the White House?
Ripple's founder, Brad Garlinghouse, stated that this is a historic milestone for the cryptocurrency market, demonstrated by the signing of the Genius Act at the White House, even though he could not attend in person.
He shared his views via social media X on July 18, 2025, praising the role of U.S. President Donald Trump in promoting this law, while emphasizing that this is a significant step forward for the entire cryptocurrency industry to develop sustainably.
This is a historic day for cryptocurrency. The Genius Act will create a solid legal foundation for this sector to thrive in the United States.
Brad Garlinghouse, CEO of Ripple, July 2025
What changes does the Genius Act bring to cryptocurrency policy in the United States?
The Genius Act marks a positive shift in how the United States approaches stablecoin regulation by establishing clear regulations and supporting the development of the $250 billion market.
The new law helps shift from a cautious attitude to prioritizing innovation, increasing the role of the United States in the global digital finance industry, aligning with Ripple's long-term vision strategy.
How did XRP's price fluctuate after news about the Genius Act?
Since the Genius Act was signed, XRP's price has increased by 16% in a trading session, setting a new record of $3.65, surpassing the peak from January 2018.
Market data shows that XRP derivatives trading volume exceeded $10 billion, while the value of this token has increased by 70% in just the last 30 days, solidifying its leading position in the cryptocurrency market.
XRP just reached a new ATH, with an increase of over 70% in the past month and explosive derivatives activity, exceeding $10 billion in Open Interest.
CryptoRank.io, market report, July 18, 2025
What is Ripple's development vision in the context of the new law and how is XRP's growth?
The signing of the Genius Act and the record price of XRP is evidence of Ripple's strong momentum in reforming the traditional financial system.
The law clearly promotes technological innovation and the development of the blockchain ecosystem in the United States, thereby helping Ripple and the community increase competitiveness and expand influence.
Frequently Asked Questions
What is the Genius Act and what impact does it have on cryptocurrency?
The Genius Act is a new law in the United States dedicated to stablecoins, creating a clear legal framework and helping the cryptocurrency industry develop more sustainably, according to market experts.
Why did XRP's price rise sharply after this event?
XRP's price increases due to the positive impact of the Genius Act, fostering investor confidence and boosting liquidity, as well as increasing trading activity in derivatives.
What is Ripple's role in the cryptocurrency industry today?
Ripple is seen as a pioneer in digital finance reform, with a development strategy based on the combination of blockchain technology and friendly policies.
How does the U.S. President influence the cryptocurrency industry?
The policies and attitudes of U.S. leaders like President Donald Trump play a key role in promoting favorable laws and investment environments for cryptocurrency.
Will XRP continue to maintain its upward trend after this record?
Based on technical analysis and support from policies, XRP is expected to continue its growth trend but still needs to monitor market fluctuations to manage risks.
Source: https://tintucbitcoin.com/xrp-vuot-ky-luc-sau-luat-moi/
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