XRP News Today: XRP Hits $3.64 All-Time High on Regulatory Push and Institutional Interest

XRP, the cryptocurrency associated with Ripple, has reached a new all-time high of $3.64, marking a significant milestone after seven years. This surge has propelled its market capitalization to over $212 billion, reflecting a substantial increase in investor interest and market momentum. The rise in XRP's value can be attributed to several factors, including Ripple's plans for a stablecoin, the introduction of U.S. crypto bills, and growing institutional interest in the cryptocurrency market.

Ripple's recent push into regulated finance is a major driver behind XRP's rise. The company has applied for a U.S. National Trust Bank charter, which, if accepted, would bring Ripple under federal oversight and position it closer to the U.S. financial system. Additionally, Ripple is preparing its stablecoin RLUSD for broader use, aligning with emerging U.S. regulations. The GENIUS Act, passed by the House on July 17, sets clear rules for stablecoin issuance, including full reserve backing, regular audits, and licensing requirements. Ripple has already moved to meet these criteria with RLUSD, which could gain an early advantage in the compliant stablecoin sector, further increasing demand for XRP.

Institutional interest in XRP has also been rising. VivoPower International and Webus have announced plans to purchase a total of $421 million worth of XRP for their corporate treasuries. These developments have strengthened investor confidence and contributed to the latest price surge. Ongoing developments in Ripple’s legal battle with the U.S. Securities and Exchange Commission are also supporting bullish sentiment. Both Ripple and the SEC have expressed interest in withdrawing their appeals, suggesting that a full settlement is on the horizon.

Another potential catalyst that market watchers are closely monitoring is the possibility of U.S.-listed XRP exchange-traded funds. Similar to how spot Bitcoin (BTC) and Ethereum (ETH) ETFs have enabled institutional inflows, an XRP ETF may draw capital from wealth managers, retirement funds, and financial advisors if regulatory barriers continue to drop. The combination of regulatory clarity, innovative use cases, and institutional interest is expected to sustain the upward trajectory of XRP, making it a key player in the evolving landscape of digital assets.