Washington, July 16, 2025, 6:24 PM CEST – In a surprising live speech, former US President Donald Trump reaffirmed his support for cryptocurrencies – with direct effects on the market. In particular, XRP noticeably increased in value in the minutes following the announcement.
GENIUS Act: Political tailwind for digital assets
Trump confirmed today that he personally ensured that the so-called 'GENIUS Act' – a pro-crypto-friendly legislative proposal – was not blocked at the last minute. According to his statement, he convinced 11 Republican representatives to enable the adoption of the proposal. The law provides regulatory clarity for digital assets, including stablecoins and transaction networks like Ripple.
Market reaction: XRP jumps +1.6%
Just minutes after Trump's appearance, the crypto market recorded a significant increase. XRP rose by 1.6% and was briefly traded above $3.05 on Binance. Bitcoin and Ethereum also showed positive trends, albeit with weaker momentum.
Why is this relevant for XRP?
Ripple has positioned itself in recent years as a bridge currency between institutional payment networks and national central banks. Any regulatory support from Washington increases the chances that XRP will be accepted as a strategic element in global payment systems. The momentum from Trump brings fresh air into the debate about the future of digital assets in the USA – and strengthens trust in projects with real economic connections like Ripple.
Outlook: Important week for legislation and markets
It is expected that the US Congress will conduct the final votes on the GENIUS Act and related regulations this week. For XRP, this could be a historic turning point – away from legal uncertainties, towards mass adoption in international financial structures.
Conclusion:
Trump's intervention comes at the right time. XRP shows strength – and the markets begin to price in regulatory tailwind. Those betting on XRP these days could witness a pivotal moment in history!
