Key Takeaways:
$XRP surged to $3.65, surpassing its 2018 record high.
The GENIUS Act, signed by President Trump, introduces clear stablecoin regulations.
Ripple’s momentum signals a new era for U.S. crypto leadership.
Ripple’s $XRP has officially broken past its previous all-time high, reaching $3.65 following the signing of the GENIUS Act by the U.S. President Donald Trump. This landmark legislation marks a pivotal shift in the regulatory landscape for digital assets, especially stablecoins. With Ripple’s RLUSD poised to play a central role, the crypto community is buzzing with optimism. Let’s unpack what this means for XRP, Ripple, and the broader market.
XRP Breaks 2018 Record, Enters Price Discovery
XRP’s rally was swift and decisive, climbing 16% in a single day and topping its previous peak of $3.40 from January 2018. The surge was fueled by strong hourly momentum and a spike in derivatives activity, with open interest crossing $10 billion. This breakout places $XRP firmly in price discovery territory, signaling bullish sentiment across both retail and institutional investors.
GENIUS Act Ushers in Regulatory Clarity
The GENIUS Act, now law, establishes a federal framework for stablecoins, requiring issuers to hold reserves equal to their outstanding tokens. Ripple’s RLUSD is expected to be a cornerstone of this system, aligning with the company’s long-term vision to rival traditional financial networks like SWIFT. The bill’s passage reflects growing bipartisan support for crypto innovation in Washington.
Ripple’s Vision Gains Global Momentum
Ripple CEO Brad Garlinghouse hailed the moment as “historic,” emphasizing the significance of regulatory clarity for the industry. With the CLARITY Act also advancing, Ripple is positioning itself as a leader in digital finance. The company’s presence at the White House and its expanding institutional partnerships underscore its rising influence in shaping global crypto policy.
