XRP News Today: XRP Surges 16% to $3.65 as US Passes Landmark Crypto Bills

Ripple’s XRP has achieved a significant milestone, surpassing its 2018 record high of $3.40. The cryptocurrency reached a new all-time high of $3.65, marking a substantial increase in value. This surge is attributed to the passage of three landmark crypto bills in the United States House of Representatives. The bills, namely the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), the Digital Asset Market CLARITY Act (CLARITY Act), and the Anti-Central Bank Digital Currency Surveillance State Act (Anti-CBDC Act), are now awaiting President Donald Trump's signature. These legislative developments are expected to provide a comprehensive regulatory framework for stablecoins, fostering innovation and protecting consumers.

The GENIUS Act, in particular, proposes a federal framework for stablecoins, with Ripple’s RLUSD expected to be the core asset within this system. This framework is anticipated to serve as a gateway for increased institutional activity and signals a broader shift toward clearer cryptocurrency regulation. The legislation passed the House with bipartisan support and is scheduled to be signed on July 18, 2025. This regulatory clarity is crucial for Ripple, which has been working to establish its stablecoin infrastructure, aiming to compete with the Global SWIFT system.

Ripple Labs CEO Brad Garlinghouse called it a “historic day for crypto” as XRP surged to a new all-time high of $3.65, finally surpassing its January 2018 peak. The rally came shortly after U.S. President Donald Trump signed the GENIUS Act into law, a move that could reshape the regulatory landscape for the stablecoin market. Garlinghouse shared his reaction in a post on X, reposting images from the White House where Ripple’s Chief Legal Officer, Stuart Alderoty, attended the event. Although Garlinghouse wasn’t there in person, he said he was “celebrating from afar” and emphasized the significance of the moment for the entire crypto industry. He also highlighted President Trump’s key role in driving the legislation forward and pointed out that the Trump family has reportedly gained through crypto investments. This reflects the growing connection between political leadership and digital assets.

Even before the GENIUS Act becomes law, XRP has seen a sharp rise in institutional and retail interest. The recent court ruling on the SEC vs. Ripple lawsuit has significant implications for the broader crypto industry. The ruling clarified that XRP is not a security for retail investors who bought the token via programmatic sales on exchanges, but it is considered a security for institutional investors or over-the-counter sales. This partial win for Ripple could bode well for the broader crypto sector, as most assets eyed by the SEC's crackdown are handled by decentralized entities that sold their tokens mostly to retail investors via exchange platforms.

Ripple's CEO, Brad Garlinghouse, hailed the passage of these bills, particularly the GENIUS Act, as a historic moment. He emphasized that the signing of the GENIUS Act would solidify the US's role in leading the way in stablecoin technology. Ripple's Chief Technology Officer, Stuart Alderoty, also welcomed the development, noting that the GENIUS Act provides a clear and workable framework for both crypto and stablecoins, fostering innovation while protecting consumers. The crypto communities are still looking forward to the signing of the GENIUS Act. Analysts also predict that the recent surge in the price of XRP may extend as more regulatory certainty is established. The figure has been attained by XRP without an ETF approval being passed, which further points to how much of a game-changer the legislative change is.

The signing of the GENIUS Act marks a major shift in how the U.S. approaches crypto. The new law introduces clear and supportive regulations for stablecoins, moving away from the country’s previously cautious stance. This development is expected to boost innovation and help position the U.S. as a global leader in digital finance, which aligns closely with Ripple’s long-term vision. Following the announcement, XRP jumped 16% on Friday. The price rally was fueled by two strong hourly green candles, each pushing the price up by about 5%. Open interest in XRP derivatives has now crossed $10 billion, showing a rise in trading activity. Over the past 30 days, XRP has grown by 70%, further strengthening its position in the market. Even after a minor correction, XRP is currently trading around $3.44 and continues to show strong momentum.

The Genius Act and XRP’s ATH show a key moment for Ripple and the wider blockchain sector. With regulatory clarity enabling innovation, Ripple’s goal of altering financial systems gains momentum. As XRP’s price movement delights markets and the Genius Act promotes crypto-friendly conditions, the outlook appears promising for Ripple and its community.