XRP Reaches All-Time High Amid Speculation on Legislation

XRP has surged to a new all-time high of $3.64, fueled by recent ETF launches and market optimism. No official confirmation links this to the alleged GENIUS Act by Donald Trump as of July 18, 2025.

XRP’s price surge underscores the market’s optimism toward digital assets despite a lack of official confirmation on legislative stimuli. The launch of new XRP Futures ETFs has heightened institutional interest and participation.

Ripple Labs, under the leadership of CEO Brad Garlinghouse, saw its crypto asset XRP reach unprecedented levels primarily through substantial institutional involvement. ProShares’ introduction of its first XRPs ETF in the U.S. further deepened institutional access. Eleven asset managers are tied to XRP offerings, evidencing keen institutional interest although they haven’t attributed the rise to the GENIUS Act.

Immediate effects include XRP’s ascent as the third-largest cryptocurrency with a market cap of $212 billion. The surge in spot and derivative markets shows robust trading activity, elevating XRP within the crypto industry significantly. Market speculation and sentiment around future ETF approvals have led to increased participation, although no spillover effect on digital assets like BTC and ETH has been observed.

Potential outcomes include enhanced integration of XRP in financial markets and further regulatory developments. As Brad Garlinghouse, CEO of Ripple Labs, stated, “Ripple remains committed to transforming the world of finance, and we continue to see growing institutional interest in XRP.” Market anticipation for numerous ETF approvals keeps the spotlight on regulatory bodies and potential technological advancements within the XRP ecosystem. Historical precedents, such as a favorable SEC court ruling, further propagate XRP’s resilience and appeal to traders.