XRP costs have pumped virtually 20% over the previous 24 hours, propelling the asset to an all-time excessive of $3.64, in line with CoinGecko.
The huge transfer has additionally pushed the cryptocurrency’s market capitalization to $214 billion, which is about the identical dimension as quick meals big McDonald’s, cementing its place because the third-largest cryptocurrency.
XRP has gained a whopping 40% over the previous week, even outperforming Ethereum, which has additionally been on hearth.
SMASH THE REPOST BUTTON IF YOU ARE AN #XRP HOLDER! pic.twitter.com/gPEFRFCmay
— JackTheRippler ©️ (@RippleXrpie) July 18, 2025
Regulatory Inexperienced Mild
The huge transfer has been pushed by the US Home passing key crypto regulations, which may open the doorways for the business in the event that they’re signed into regulation.
“The signing of the GENIUS Act cements the US’s future in being a frontrunner in actually modern monetary know-how – stablecoins,” said Ripple CEO Brad Garlinghouse.
XRP just isn’t a stablecoin, so it’s not underneath the purview of the GENIUS Act, however Ripple, an American firm, has launched its personal such asset, RLUSD, which shall be regulated.
A totally regulated stablecoin operating on XRP Ledger will drive demand for XRP, which is used as charges for RLUSD transactions.
GENIUS Act XRP
Documented 3x. pic.twitter.com/3dyOqTX61s
— SMQKE (@SMQKEDQG) July 17, 2025
XRP investor Micah Paul suggested that it is probably not a real ATH as a result of the asset spiked to $3.84 on some exchanges in January 2018. Nonetheless, most crypto analytics platforms had the earlier peak worth at round $3.40.
Moreover, features in XRP and Ethereum have pushed the whole crypto market capitalization above $4 trillion for the primary time ever, according to CoinGecko. Different platforms similar to CoinMarketCap and TradingView present it as somewhat decrease, however all three have been reporting report highs for the determine.
Different Altcoin Performers
XRP isn’t the one crypto asset surging right now, although Bitcoin has been quiet. Ethereum costs have pumped 8% propelling the asset to a six-month excessive of $3,616 throughout the Friday morning Asian buying and selling session. It has been one other report influx day for BlackRock’s ETHA spot Ether ETFs with $546.7 million in inflows and simply over $600 million in complete on Thursday.
Dogecoin was additionally doing properly with a 13% climb to hit $0.235 on the time of writing, whereas Cardano cranked 15% to hit $0.86 throughout the morning session.
Different double-digit gainers right now embody Chainlink up 14% to $18.70, Hedera up 24% to achieve $0.28, Litecoin including 12% to high $107, and Uniswap pumping 15% to achieve $10.
Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome provide on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!
