XRP Shatters 2018 Highs as Trump’s Crypto Law Ignites Market Frenzy

Ripple's XRP just bulldozed through its 2018 all-time high—and Washington's new crypto legislation might be the rocket fuel.

The 'Trump Effect' hits crypto

Market watchers are calling it the most significant regulatory shift since Satoshi's whitepaper. The former president's surprise crypto law—drafted with more Wall Street lobbyists than Bitcoin maximalists—has sent XRP on a tear that's making traditional finance sweat through its Oxford shirts.

Institutional money's pouring in faster than a blockchain bridge exploit. Trading volumes doubled overnight as XRP flipped key resistance levels like a pancake house short-order cook. The 2018 record didn't just break—it evaporated.

Of course, the usual suspects are crying bubble. Meanwhile, hedge funds are quietly repositioning portfolios like they just discovered yield farming. Welcome to crypto's new era—where the rules have changed, but the game's still rigged for those who wrote them.

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.

Team Ripple at the White House celebrating a historic day for crypto! Bummed I wasn't able to make it in person but celebrating from afar https://t.co/V5soaBgBnw

Ripple Applauds White House Milestone

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.

Genius Act Ushers in Pro-Crypto Regulations

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.

XRP Surges on Policy Breakthrough

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.

XRP hits new ATH

Today, $XRP by @Ripple reached $3.65, its highest price ever recorded, marking over 70% growth within the last 30 days.

Derivatives activity has surged as well, with XRP open interest now at $10B.

Today’s rally is driven by the approval of the CLARITY and… pic.twitter.com/AxfmmqJJ5w

Ripple’s Vision Gains 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.