XRP Surges on Stablecoin Law Approval in US

XRP is making headlines after a significant rally that saw the asset soar by nearly 20% within 24 hours. This surge has firmly placed XRP in the spotlight of the cryptocurrency market, drawing attention from investors and analysts alike.

The rally pushed XRP’s value to a remarkable high of $3.64, marking its strongest performance in recent years according to CoinGecko data. This price elevation elevated XRP’s market capitalization to approximately $214 billion, placing it alongside the market cap of major global brands like McDonald’s. As a result, XRP has now secured its position as the third-largest cryptocurrency by market cap.

This impressive growth didn’t happen in isolation. Over the past week alone, XRP has seen an incredible 40% rise—outpacing even Ethereum’s notable upward trajectory. The digital asset’s performance reflects both individual momentum and broader shifts within the market.

Regulatory Winds Fuel XRP Growth

The driving factor behind XRP’s explosive move is the recent passage of pivotal cryptocurrency regulations in the United States. The US House approved legislation known as the GENIUS Act, aimed at providing a regulatory framework for stablecoins. Although XRP itself is not a stablecoin and therefore not directly governed by this legislation, the development has nevertheless had a significant impact.

Ripple, the American company affiliated with XRP, has introduced its own stablecoin called RLUSD. This asset will operate within the guidelines set by the new regulatory bill. Its transactions will be conducted on the XRP Ledger, where XRP is used to cover network fees. Consequently, increased RLUSD activity indirectly increases demand for XRP.

Ripple CEO Brad Garlinghouse embraced the legislative progress, asserting that the GENIUS Act reinforces America’s leadership in financial innovation. His comments reflected a broader optimism within the Ripple community, as many view regulated digital assets as the future of finance.

Even though a few community members raised questions about whether the new high qualifies as an all-time record—due to a historical $3.84 price spike on a few exchanges back in January 2018—most analytics platforms place the previous all-time high near $3.40, validating the current rally as a historic move.

Meanwhile, the crypto market as a whole continues to expand. The combination of XRP’s rise along with Ethereum’s gains has pushed the total market capitalization of all cryptocurrencies beyond the $4 trillion mark for the first time. CoinGecko confirms this milestone, though other platforms like CoinMarketCap and TradingView show slight variations in their reported figures, but all corroborate new record highs.

Wider Altcoin Momentum

While XRP is leading the way, other cryptocurrencies have also experienced substantial bullish action. Ethereum, for instance, climbed 8% to reach $3,616 during Friday’s early Asian trading hours. Its rally has been supported by record inflows into BlackRock’s spot Ether ETFs, which saw over $600 million invested in a single day, including $546.7 million in ETHA-specific flows.

Elsewhere in the crypto ecosystem, Dogecoin recorded a 13% upswing to reach $0.235, while Cardano surged 15%, touching $0.86. These moves underscore the positive sentiment sweeping across the altcoin market.

Other notable double-digit performers include:

• Chainlink, rising 14% to $18.70
• Hedera, jumping 24% to $0.28
• Litecoin, adding 12% to exceed $107
• Uniswap, increasing 15% to reach $10

The broader crypto rally, fueled by clear regulatory signals and market optimism, has positioned XRP at the forefront once again, reminding investors why the token remains a cornerstone of digital finance infrastructure.

As markets digest these developments, XRP’s role in a compliant and robust blockchain environment continues to gain relevance, particularly as demand grows for transparent and regulated blockchain solutions.

Related: XRP Price: $12M Max Pain for Bears

XRP has gained significant attention as it outperformed most major altcoins in recent days. Ripple’s broader developments, including partnership expansions, continue to complement its momentum across financial sectors.