Why XRP is rising right now

The timing of the breakout is remarkable. The entire cryptocurrency market has been on the rise since the United States passed the so-called GENIUS Act. President Trump signed the country's first major crypto law on July 18. This news brought confidence and new capital inflows.

Bitcoin (BTC), Ethereum (ETH), and other major coins have already skyrocketed, but XRP now seems to be catching up. The trading volume of XRP in the last 24 hours was $9.2 billion, and with a market value of $216 billion, the coin is among the strongest gainers this month.