XRP surpasses $3,50, setting a new all-time high (ATH). The passage of the GENIUS Act boosts institutional confidence and revitalizes the crypto market, with Ripple as a key player.
XRP has reached a new all-time high, surpassing $3,50 and leaving behind its previous record of $3,40, seen in January 2018.
The cryptocurrency, which ranks third in the market by market capitalization, reaches this milestone amid growing institutional interest, greater regulatory clarity, and renewed confidence in the digital ecosystem.
Market data shows that XRP trading volume has surged by more than 100% in the past few hours, reflecting active participation from both retail and institutional investors.
Source: Coingecko
Ripple, the issuer of XRP and the stablecoin RLUSD, is positioning itself as one of the main beneficiaries of the new regulatory environment being established in the United States.
XRP price hits record high
The price of XRP soared to $3,50 according to data from the Coingecko platform, surpassing its previous high of $3,40. For analysts, this move not only represents a technical milestone, but also a clear sign of renewed appetite for digital assets with real utility and institutional backing. Trading volume multiplied, reaching levels not seen since the 2017–2018 bull cycle. Currently, the Daily trading volume of this cryptocurrency reaches $16.100 billion.
Meanwhile, XRP's market capitalization stands at over $205.600 billion, with an annual return of over 500%. This growth, which has been accompanied by increased dominance in the altcoin market, consolidates XRP as one of the most relevant assets in the digital ecosystem.
Passage of the GENIUS Act boosts XRP and cryptocurrencies
July 17th will be remembered as a historic day for cryptocurrencies, not only because of the new ATH that the price of XRP has reached, but also because on this day the United States House of Representatives has given green light to the GENIUS Bill (Guiding and Establishing National Innovation for US Stablecoins Act), establishing for the first time a clear federal framework for the issuance of stablecoins.
The legislation, as reported by this outlet, requires issuers of dollar-pegged stablecoins to maintain reserves equivalent to the value of the tokens in circulation. It also requires them to undergo periodic audits to ensure stability and transparency and to obtain licenses regulated by federal or state authorities to ensure regulatory compliance.
On the other hand, this new legal framework limits the participation of unauthorized issuers and strengthens the confidence of digital asset investors. Ripple, which already operates in the stablecoin market under regulatory oversight, benefits directly from the approval of this law.
US President Donald Trump is expected to sign the GENIUS Act into law today, July 18, cementing the country as the birthplace of digital innovation. Ripple CEO Brad Garlinghouse commented that this is a historic moment, which “solidifies the future of the United States as a leader in truly innovative financial technology: stablecoins”.
Stuart Alderoty, the company's general counsel, also stated that this regulatory framework establishes a clear path for digital innovation, after many years of obstacles. “This is exactly what the American people have been asking for.”, assured.
BUY XRP ON BIT2MEBTC and ETH also rebound with GENIUS approval
The impact of the GENIUS Act's passage hasn't been limited to XRP. Bitcoin (BTC), the market-leading cryptocurrency, again surpassed $120.000, while Ethereum (ETH) reached $3.500, a level not seen in several months. This broad-based rally suggests that stablecoin regulation has been interpreted as a positive sign for the entire crypto ecosystem.
Source: CoinGecko
Analysts highlight that regulatory clarity could unleash a new wave of institutional liquidity, especially in sectors such as cross-border payments, asset tokenization, and decentralized finance. In this scenario, the adoption of regulated stablecoins like RLUSD could facilitate the integration of cryptoassets into traditional financial infrastructures.
Ripple at the forefront with GENIUS Act
In conclusion, XRP has set a new all-time high amid a clearer and more favorable regulatory environment.
The passage of the GENIUS Act in the US represents a turning point for stablecoins, and Ripple is positioned as one of the most prepared players to capitalize on this new era. With the backing of institutions like BNY Mellon and expansion plans in Europe, RLUSD could become a global benchmark in digital payments.
Meanwhile, the crypto market is responding enthusiastically, and technical indicators suggest the uptrend is not over yet.
