XRP Soars to $3.65: Shattering 7-Year Records with a Stunning ATH

XRP just bulldozed through its previous ceiling—hitting $3.65 for the first time since 2018. The sleeping giant finally woke up, and traders are scrambling to catch the ride.

### The Long Wait Pays Off

Seven years of sideways action, regulatory battles, and meme-fueled skepticism—all erased in one parabolic leap. Even the most jaded crypto veterans are double-checking their charts.

### What’s Fueling the Rally?

Speculation? Institutional interest? Or just pure FOMO? Whatever the driver, XRP’s breakout is rewriting the script for ‘dead coins.’ Meanwhile, Wall Street still can’t decide if crypto is ‘digital gold’ or a speculative toy.

### The Cynic’s Corner

Funny how these ‘unpredictable’ surges always happen when liquidity’s sloshing around like cheap champagne at a hedge fund party.

In brief

• XRP breaks a new all-time high, reaching $3.65 and surpassing its previous peak from January 2018.
• This surge is part of a 70% increase over 30 days, boosted by a spectacular 16% gain in a single day.
• XRP’s rally coincides with Donald Trump signing the Genius Act, a key piece of legislation for stablecoin regulation.
• Ripple CEO Brad Garlinghouse calls it a “historic” day for the crypto industry, despite not being at the White House.

XRP crosses a milestone: the rise of a crypto long under pressure

On July 18, XRP reached a new all-time high of $3.65, finally surpassing its January 2018 record, thanks to standing out in an uncertain crypto market. This increase of over 70% in the last 30 days, according to data published by CryptoRank, accelerated last Friday with a sharp 16% gain in a single day, driven by two hourly bullish candlesticks of nearly 5% each.

In a message shared on X (formerly Twitter), the analytics platform confirmed: “Today, $XRP by @Ripple reached $3.65, its highest price ever recorded, marking over 70% growth within the last 30 days”.

A technical correction followed, bringing the price back down around $3.44, but without affecting the underlying bullish momentum.

Beyond the price, other indicators confirm the market excitement around XRP. Activity in derivatives products has exploded, reflecting the enthusiasm of professional investors and traders. Key points to note include:

• Open interest at $10 billion on XRP derivatives, a historic peak illustrating the rise of open positions;
• An increase in intraday volatility, fueled by rapidly growing trading volumes;
• A speculative climate driven by a series of optimistic posts on social networks, especially regarding Ripple and its regulatory environment;
• The end of a long stagnation phase: XRP hadn’t reached such levels for more than seven years, notably due to its legal battle against the SEC.

In short, this bullish surge is not explained solely by technical considerations or market signals, but fits into a deeper dynamic of asset reevaluation by operators, in light of a new regulatory context.

The Genius Act: a political break that redefines the rules of the game

Behind this impressive rally lies a major political signal. On the same day as XRP’s peak, U.S. President Donald TRUMP signed the Genius Act, a major legislative text aimed at providing a clear and favorable framework for the crypto ecosystem, particularly the stablecoin market, valued at $250 billion.

Ripple CEO Brad Garlinghouse hailed this day as historic for the crypto industry, posting photos of the Ripple team present at the White House. Although physically absent, he stated: “Disappointed not to be there in person, but celebrating from afar”.

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

Additionally, he reshared a tweet from Stuart Alderoty, director of Ripple, who was present at the venue.

Honored to be at the White House for the signing ceremony of the GENIUS Act into law! As promised, this is the most crypto-forward Administration we’ve ever seen. pic.twitter.com/xV4Q25obIk

The Genius Act is seen as a clear break from the historical regulatory caution of the United States towards cryptos. By targeting the stablecoin sector directly, long under regulators’ scrutiny, this text ushers in an era of “regulation by clarity”, warmly welcomed by industry players.

Ripple’s presence at this presidential event and the media visibility granted to the company reflect implicit recognition of the structuring role of certain crypto actors in the American digital economy.

This context triggers significant prospects. On the one hand, the Genius Act could serve as a catalyst for the adoption of a comprehensive regulatory framework in the United States, long lagging behind other jurisdictions such as Dubai or Singapore. On the other hand, this MOVE could redefine power dynamics within the crypto ecosystem, legitimizing compliant and integrated companies like Ripple.

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