#StablecoinLaw
XRP (Ripple) has been surging, trading around $3.50 today, with a modest intraday gain. Here are the key updates:
U.S. Congress recently passed the Genius Act, and President Trump signed it into law on July 18, enhancing crypto regulatory clarity. XRP rallied ~5% shortly after, briefly touching $3.64.
Futures open interest hit $10 billion on the heels of new ETF launches, strengthening momentum—XRP could test $4 this weekend if support holds near $3.40.
Analysts like Peter Brandt and market studies suggest further upside: a 60% rally to around $4.47, and even long-term price targets between $5–$7 as institutional adoption grows.