XRP Surges 20% on US Stablecoin Regulation Green Light 

XRP costs have pumped virtually 20% over the previous 24 hours, propelling the asset to an all-time excessive of $3.64, in response to CoinGecko.

The large transfer has additionally pushed the cryptocurrency’s market capitalization to $214 billion, which is about the identical measurement as quick meals large 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 fireplace.

SMASH THE REPOST BUTTON IF YOU ARE AN #XRP HOLDER! pic.twitter.com/gPEFRFCmay

— JackTheRippler ©️ (@RippleXrpie) July 18, 2025

Regulatory Inexperienced Mild

The large 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 legislation.

“The signing of the GENIUS Act cements the US’s future in being a pacesetter in really revolutionary monetary know-how – stablecoins,” said Ripple CEO Brad Garlinghouse.

XRP shouldn’t be a stablecoin, so it’s not below the purview of the GENIUS Act, however Ripple, an American firm, has launched its personal such asset, RLUSD, which shall be regulated.

A completely regulated stablecoin working 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, positive factors in XRP and Ethereum have pushed the overall crypto market capitalization above $4 trillion for the primary time ever, according to CoinGecko. Different platforms akin to CoinMarketCap and TradingView present it as a bit decrease, however all three had been reporting report highs for the determine.

Different Altcoin Performers

XRP isn’t the one crypto asset surging right this moment, although Bitcoin has been quiet. Ethereum costs have pumped 8% propelling the asset to a six-month excessive of $3,616 in the course of 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 whole 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 in the course of the morning session.

Different double-digit gainers right this moment embrace Chainlink up 14% to $18.70, Hedera up 24% to succeed in $0.28, Litecoin including 12% to prime $107, and Uniswap pumping 15% to succeed in $10.