Ripple Labs CEO Brad Garlinghouse called it a “historic day for crypto” as XRP surged to a new all-time high of $3.65, finally surpassing its January 2018 peak. The rally came shortly after U.S. President Donald Trump signed the Genius Act into law, a move that could reshape the regulatory landscape for the $250 billion stablecoin market.
Garlinghouse shared his reaction in a post on X, reposting images from the White House where Ripple’s Chief Legal Officer, Stuart Alderoty, attended the event. Although Garlinghouse wasn’t there in person, he said he was “celebrating from afar” and emphasized the significance of the moment for the entire crypto industry.
He also highlighted President Trump’s key role in driving the legislation forward and pointed out that the Trump family has reportedly gained $2 billion through crypto investments. This reflects the growing connection between U.S. political leadership and digital assets.
The signing of the Genius Act marks a major shift in how the U.S. approaches crypto. The new law introduces clear and supportive regulations for stablecoins, moving away from the country’s previously cautious stance.
This development is expected to boost innovation and help position the U.S. as a global leader in digital finance, which aligns closely with Ripple’s long-term vision.
Following the announcement, XRP jumped 16% on Friday. The price rally was fueled by two strong hourly green candles, each pushing the price up by about 5%.
Open interest in XRP derivatives has now crossed $10 billion, showing a rise in trading activity. Over the past 30 days, XRP has grown by 70%., further strengthening its position in the market.
Even after a minor correction, XRP is currently trading around $3.44 and continues to show strong momentum.
The Genius Act and XRP’s ATH show a key moment for Ripple and the wider blockchain sector. With regulatory clarity enabling innovation, Ripple’s goal of altering financial systems gains momentum.
As XRP’s price movement delights markets and the Genius Act promotes crypto-friendly conditions, the outlook appears promising for Ripple and its community.
XRP surged 16% after the Genius Act was signed, bringing clear crypto regulations and boosting market confidence.
The Genius Act is a new U.S. law that provides clear and supportive regulations for stablecoins and the crypto industry.
Ripple CEO Brad Garlinghouse called it a “historic day for crypto” and praised the Genius Act for enabling crypto innovation.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The XRP Price is back in the spotlight after a crypto analyst shared a key…
A report circulating across crypto media claims that Reliance Group Global has added $17 million…
Ozak AI is quickly emerging as one of the most exciting blockchain projects of 2025,…
The crypto bull run of 2025 shows no signs of slowing down. As such, investors…
Bitcoin (BTC) continues to dominate market sentiment in 2025, with analysts suggesting its final quarter…
The ongoing U.S. government shutdown has paused many SEC operations, including the review and approval…
