XRP News Today: XRP Surges 70% in 30 Days as Genius Act Boosts Crypto Market

Generated by AI AgentCoin World
Saturday, Jul 19, 2025 12:32 pm ET1min read
Aime RobotAime Summary

- XRP surged to $3.65 on July 18, 2025, breaking its 2018 record after years of legal and regulatory challenges.

- The rally coincided with U.S. President Trump signing the Genius Act, establishing a clearer regulatory framework for crypto and stablecoins.

- Ripple CEO Brad Garlinghouse praised the legislation, highlighting its potential to legitimize compliant crypto firms and boost market confidence.

- The act signals a shift toward "regulation by clarity," aiming to position the U.S. as a competitive hub for crypto innovation and institutional adoption.

On July 18, 2025, XRP, the cryptocurrency associated with Ripple, reached a new all-time high of $3.65, surpassing its previous peak from January 2018. This surge marked a significant milestone for XRP, which had been under pressure for several years due to legal battles and regulatory uncertainties. The price increase of over 70% in the last 30 days was driven by a 16% gain in a single day, fueled by bullish market sentiment and technical indicators.

The rally in XRP's price was not solely driven by technical considerations but was also influenced by a broader dynamic of asset reevaluation by market operators. This reevaluation was prompted by a new regulatory context, as U.S. President Donald Trump signed the Genius Act on the same day. The Genius Act aims to provide a clear and favorable framework for the crypto ecosystem, particularly the stablecoin market. This legislative move was seen as a significant break from the historical regulatory caution of the United States towards cryptocurrencies, ushering in an era of "regulation by clarity."

Ripple CEO Brad Garlinghouse hailed the signing of the Genius Act as a historic day for the crypto industry. Although he was not present at the White House, he celebrated the event from afar, acknowledging the importance of the legislation for the future of cryptocurrencies. The presence of Ripple at this presidential event and the media visibility granted to the company reflected implicit recognition of the structuring role of certain crypto actors in the American digital economy.

The Genius Act is expected to serve as a catalyst for the adoption of a comprehensive regulatory framework in the United States, which has long lagged behind other jurisdictions. This move could redefine power dynamics within the crypto ecosystem, legitimizing compliant and integrated companies like Ripple. The new regulatory context is likely to boost market confidence and drive further adoption of cryptocurrencies, including XRP, in the financial and institutional sectors.

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