XRP News Today: XRP Surges 40% to $3.65 as U.S. Congress Approves Crypto Bills

Ripple’s XRP surged to $3.65 following the U.S. Congress’s approval of two significant crypto bills: the GENIUS Act and the CLARITY Act. These legislative actions are seen as pivotal regulatory breakthroughs for the crypto industry, providing much-needed clarity and reducing uncertainty for digital assets.

The GENIUS Act aims to establish the first federally regulated stablecoin system, with Ripple’s RLUSD anticipated to play a central role in this new financial infrastructure. The CLARITY Act, on the other hand, is designed to enhance disclosures, licensing, and consumer protection for digital asset firms. These legislative actions have significantly boosted investor confidence, with XRP’s price surging nearly 40% in the past week, surpassing the $200 billion market cap milestone.

The passage of these bills has also sparked renewed investor confidence, with XRP’s price surging nearly 40% in the past week, surpassing the $200 billion market cap milestone. This surge has positioned XRP as a key altcoin to watch, with experts predicting that the price could reach $5 or higher as institutional and retail investors secure their positions. According to the analyst's forecast, XRP could reach $5 by the end of 2025, citing macro regulatory tailwinds and surging institutional demand.

Ripple’s significant rise in XRP to $3.65 was driven by the U.S. Congress’s approval of the GENIUS Act and CLARITY Act, enhancing regulatory clarity. Massive whale accumulation, with 2.2 billion XRP bought, reflects heightened institutional interest. XRP’s jump, surpassing its 2018 high, suggests institutional confidence in formal regulation impacts. Laws like the GENIUS Act are crucial, with Ripple’s RLUSD positioned as a core stablecoin asset under new rules.

XRP’s price boost could positively influence related assets like ETH and BTC, especially with institutional clarity promoting these as blue-chip digital assets. The financial implications include greater investor interest and potential for RippleNet to rival systems like SWIFT. Positive market sentiment is a response to the new regulatory environment favoring compliant digital assets and enterprise-scale solutions.

Leadership at Ripple, led by CEO Brad Garlinghouse, underscores the organization’s dedication to institutional adoption amid ongoing discussions with the SEC. The new legislation likely drives further advances in Ripple’s enterprise strategy. Ripple’s XRP rally, grounded in legislative clarity rather than speculative hype, signifies a turning point for crypto markets. Stablecoin frameworks emphasize RLUSD’s role, while further regulatory acts could reshape crypto financial ecosystems globally.