XRP Price Hits New All-Time High As Trump Prepares to Sign GENIUS Act
Highlights
- XRP has hit a new all-time high of $3.66, surpassing its previous record of $3.40 set in 2017.
- The rally coincides with the GENIUS Act heading to President Trump’s desk for signing.
- Experts say the bill could usher in a new era for stablecoins and institutional crypto investment.
The XRP price has reached a new all-time high, exceeding its previous record from eight years ago. This increase in value comes as the GENIUS Act is sent to President Trump for approval, indicating a possible change in how cryptocurrency is regulated in the U.S.
XRP Breaks 8-Year Slump With New ATH
XRP price reached a new peak of $3.66, surpassing its previous all-time high of $3.40. This follows its recent strong performance in the market. In the past week alone, XRP has surged nearly 40%, surpassing the $200 billion market cap milestone.
The recent momentum is due to changes in regulations in the US, especially with the new crypto bills passed by the House. Furthermore, President Trump will sign the GENIUS Act into law on Friday, July 18, 2025. This important action could change the future of digital assets.
Crypto experts now believe it’s only a matter of time before the XRP price hits $4 or higher, especially as institutional and retail investors rush to secure positions ahead of legislative clarity.
It is also worth noting that open interest in XRP derivatives increased by 18% to over $10.5 billion, while derivatives trading volume has skyrocketed nearly 140% to $39.6 billion, as reported by CoinGape. This surge in activity highlights rising expectations of more price volatility and more upside.
A market commenter, Zach Rector, pointed out that the XRP price reached this milestone even before the GENIUS Act is signed or an XRP ETF has been approved. This suggests this could just be the beginning of an XRP parabolic rally.
President Trump Set To Sign GENIUS Act Into Law
Crypto reporter Eleanor Terrett has shared that President Trump is expected to sign the GENIUS Act into law today. This marks the beginning of what many call a new era for crypto. Beyond stablecoins, the law is also set to trigger a rush of institutional capital into XRP and the broader digital asset market.
The GENIUS Act, short for “Guaranteed Nationally Issued US Stablecoin” framework, aims to create the first federally regulated stablecoin system. At its heart, Ripple’s RLUSD is expected to serve as the underlying asset in this new financial architecture.
In the hours leading up to the signing, the mood across crypto communities has turned electric. Enthusiasts online describe this as a once-in-a-lifetime moment that could bring long-awaited financial freedom after years of market volatility.
Notably, the House advanced three important crypto bills: the GENIUS Act, the CLARITY Act, and the Anti-CBDC Act. The House passed the GENIUS Act with a vote of 308 to 122, with more than 100 Democrats supporting it. This sets up a signing ceremony with Trump.
The GENIUS Act allows stablecoins like RLUSD. However, the broader crypto market still needs final approval from the Senate for the CLARITY Act, which could take several months. However, analysts say that the stablecoin law passage alone creates big opportunities for investment in the meantime.
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