XRP Hits New High as Ripple CEO Hails Major Crypto Milestone

XRP took center stage in the crypto world as it reached a record-breaking all-time high, marking a defining achievement for Ripple and digital assets across the board.

On what many are calling a transformative day for the cryptocurrency industry, Ripple CEO Brad Garlinghouse joined XRP supporters in celebrating the token’s historic surge. The momentum was driven by a significant political development—the formal signing of the Genius Act by the President of the United States, which introduces clear and forward-thinking regulations for the stablecoin sector, now valued at $250 billion.

Although Garlinghouse wasn’t physically present at the White House, he posted a celebratory message via X (formerly Twitter), showcasing photos taken during the pivotal event. The pictures included Ripple’s legal chief Stuart Alderoty, who represented the company at the ceremony. Garlinghouse called the occasion a milestone not just for Ripple but for the entire crypto ecosystem as it signals a vital policy shift from previous regulatory hesitancy in the United States.

As the Genius Act was signed into law, XRP—a token closely aligned with Ripple—exploded past its previous price ceiling set in early 2018. The rally was notably swift and intense. XRP reached a new benchmark of $3.65, representing a more than 70% increase over the prior 30 days. The excitement was visually captured in trading charts, where a couple of robust hourly green candles added nearly 10% to the token’s value.

This breakout wasn’t solely propelled by investor speculation. It also coincided with a remarkable uptick in derivatives activity. According to market data, XRP’s open interest now stands at a striking $10 billion, which suggests that large-scale investors are betting confidently on its continued rise.

In a tweet posted by @CryptoRank_io, the sentiment driving this rally was summed up: “Today, $XRP reached $3.65, its highest price ever recorded, marking over 70% growth within the last 30 days.” The tweet highlighted how pivotal moments in regulation, such as the passing of the Genius Act along with the CLARITY framework, are directly impacting market performance.

At the time of writing, XRP has undergone a slight correction of around 6%, adjusting its value to $3.44. Nevertheless, the broader trend remains bullish with significant upward momentum still present. Analysts suggest this breakthrough could solidify XRP’s position as a leading force in the digital currency space, especially with renewed confidence from both institutional and retail investors.

This convergence of politics and blockchain innovation shows how powerful regulatory alignment can be for investor sentiment and market movements. Ripple, long known for its legal battles with regulators, is now seeing its vision affirmed by federal legislation. The Genius Act not only fortifies the legal standing of stablecoins but also creates a more predictable environment for projects like Ripple and its XRP token to innovate and scale.

Brad Garlinghouse’s message captured the spirit of the moment. Despite being absent from the White House gathering, his remote celebration and admiration of Ripple’s legal and executive team reflect a strong unity felt across the company. It was a rare blend of political influence, corporate strategy, and community excitement, all coalescing into one standout moment for crypto history.

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

All eyes are now on XRP’s next moves following this surge. With regulatory clarity in place and an energized investor base, the digital asset’s latest achievement may be just the beginning of a new chapter in its journey.