As President Trump gets ready to sign the GENIUS Act, XRP reaches a new all-time high of $3.66, breaking an eight-year record.
XRP has surpassed its previous milestone set eight years ago and established a new all-time high.
This rise in value coincides with the GENIUS Act being submitted to President Trump for approval, suggesting a potential shift in US cryptocurrency regulations.
With Its New ATH, XRP Ends Its Eight-Year Slump
The price of XRP surpassed its previous all-time high of $3.40 to hit a new milestone of $3.66.
This comes after the company’s recent impressive market performance.
XRP has increased by around 40% in the last week, breaking the $200 billion market cap record.
Changes in US regulations, particularly the new crypto measures that the House approved, have caused the recent momentum.
Additionally, on Friday, July 18, 2025, President Trump will sign the GENIUS Act into law.
This significant step may alter the future of digital assets.
Cryptocurrency experts now predict that XRP will reach $4 or above shortly, particularly as institutional and individual investors scramble to buy before laws are clarified.
It is also important to note that, according to CoinGape, the volume of derivatives trading has soared by around 140% to $39.6 billion.
Open interest in XRP derivatives has climbed by 18% to over $10.5 billion.
This spike in activity reflects growing expectations for increased upside and price volatility.
Zach Rector, a market analyst, noted that XRP achieved this milestone before signing the GENIUS Act and approving an XRP ETF.
This implies that an XRP parabolic rally is getting started.
GENIUS Act Will Be Signed Into Law By President Trump
According to cryptocurrency reporter Eleanor Terrett, President Trump is anticipated to sign the GENIUS Act into law today.
This is the start of what many call a new age in cryptocurrency.
The rule is expected to cause a surge of institutional capital into XRP and the larger digital asset market, in addition to stablecoins.
The goal of the GENIUS Act, which stands for “Guaranteed Nationally Issued US Stablecoin” framework, is to establish the first stablecoin system subject to government regulation.
Fundamentally, the underlying asset in this new financial structure is anticipated to be Ripple’s RLUSD.
The atmosphere in the cryptocurrency community has been electrifying in the hours before the signing.
After years of market turbulence, online enthusiasts characterize this as a once-in-a-lifetime opportunity that might result in long-awaited financial freedom.
Notably, the House advanced the GENIUS Act, the CLARITY Act, and the Anti-CBDC Act—three significant crypto bills.
With over 100 Democrats in favor, the House approved the GENIUS Act by a vote of 308 to 122. A signing ceremony with Trump is so lined up.
The GENIUS Act permits stablecoins like RLUSD.
The Senate’s ultimate ratification of the CLARITY Act, which might take many months, is still required for the larger cryptocurrency industry.
Analysts, however, claim that the passing of the stablecoin law alone opens up significant investment opportunities.