XRP Surges 2.37% to New All-Time High as U.S. Crypto Laws Fuel Institutional Inflows
XRPUSDT experienced a notable price increase in the past 24 hours, rising 2.37% to $3.5072, primarily driven by the passage of major U.S. crypto legislation such as the GENIUS Act, which has provided greater regulatory clarity and spurred institutional inflows. Additional momentum came from reports of potential executive action to allow U.S. retirement funds to invest in cryptocurrencies, the launch of Ripple’s RLUSD stablecoin, and heightened trading activity in leveraged XRP financial products.
The market remains highly active, with 24-hour trading volumes ranging from $6.31 billion to $16.499 billion and XRP’s market capitalization reported between $203.99 billion and $209.33 billion. The asset reached a new all-time high, supported by increased participation from large holders and ongoing bullish sentiment.