XRP Soars to Record High Amid Regulatory Breakthroughs and Institutional Adoption

XRP has reached an unprecedented all-time high of $3.64, fueled by a combination of regulatory clarity and growing institutional interest. This milestone represents a 68% monthly gain, as the cryptocurrency market responds positively to recent legislative developments in the U.S. The U.S. House of Representatives has passed three significant crypto bills, including the GENIUS and CLARITY Acts, which seek to establish clear oversight frameworks for digital assets. Adding to the bullish momentum, ProShares has announced the launch of the first U.S. XRP futures ETF, further validating institutional demand. These converging factors have created a perfect storm for XRP's price surge, positioning it as a standout performer in the crypto market as of July 2025.

XRP Hits All-Time High Above $3.60 as Regulatory and Institutional Catalysts Converge

XRP surged to a historic peak of $3.64, marking a 68% monthly gain, as regulatory clarity and institutional demand ignited a bullish frenzy. The rally followed the U.S. House of Representatives passing three pivotal crypto bills, including the GENIUS and CLARITY Acts, which aim to define digital asset oversight.

ProShares accelerated momentum by announcing the first U.S. XRP futures ETF, unlocking institutional access. Eleven asset managers—Franklin Templeton, Grayscale, and Bitwise among them—filed for XRP-linked products, signaling mainstream adoption. Market watchers now anticipate the SEC may drop its Ripple case appeal, potentially cementing XRP's 2023 legal victory.

XRP Surges 20% to $3.61 Amid Institutional Demand and Breakout Momentum

XRP rallied more than 20% in the past 24 hours, reaching $3.61—its highest level since early 2018—as institutional buyers and breakout traders capitalized on key volume windows. The surge followed weeks of consolidation NEAR $3, with volatility spiking to nearly 20%, reflecting strong market conviction.

CoinDesk Analytics reported over 200 million XRP traded during major breakout periods at 05:00, 08:00, and 21:00 UTC, breaching critical resistance at $3.52–$3.53. The $3.29–$3.30 zone held firm as support, with bulls consistently absorbing sell-side pressure.

Bitget Chief Analyst Ryan Lee identified short-term targets of $2.00–$2.17 on the downside and $2.65–$3.00 on the upside, with $2.50 as a pivotal level. Long-term projections suggest XRP could climb to $4.20–$10+ by 2030 if Ripple expands its payment infrastructure and regulatory clarity improves.

Lee also noted the potential for XRP to hit $5.89 in the medium term, particularly if crypto ETFs gain approval and institutional adoption accelerates. Technical indicators present mixed signals—RSI remains neutral while MACD suggests possible near-term consolidation.

Open interest in XRP derivatives surpassed $10 billion, the highest since 2021, while funding rates turned positive, signaling bullish sentiment and aggressive long positioning.

Barstool Sports Founder Dave Portnoy Regrets Premature XRP Sale Amid Market Rally

Dave Portnoy, founder of Barstool Sports, publicly lamented his early exit from XRP positions, missing out on millions as the cryptocurrency surged to yearly highs. The digital asset climbed 19.61% to $3.60, triggering $68 million in short liquidations during Thursday's broader crypto market advance.

Portnoy sold his holdings at $2.40 after receiving warnings about competitive pressure from Circle, the stablecoin issuer. His admission of buying XRP primarily from FOMO rather than conviction highlights the emotional volatility retail investors face during market cycles. The rally coincides with Ripple Labs' strategic MOVE to file for a national bank charter, mirroring Circle's recent regulatory play.

XRP MVRV Ratio Signals Potential Bullish Surge, Echoing 630% Historical Gain

XRP's Market Value to Realized Value (MVRV) Ratio has crossed above its 200-day moving average, a technical pattern that preceded a 630% price surge during its last occurrence. The crossover suggests growing investor confidence as market capitalization outpaces realized value—a metric reflecting the aggregate cost basis of all circulating tokens.

Analyst Ali Martinez highlighted the development, noting the MVRV Ratio's historical significance as a momentum indicator. When the ratio exceeds 1, it signals that current market prices are trading above the average acquisition cost, often preceding bullish phases. The realized cap methodology provides unique insight by weighting each token's value at its last transaction price rather than current spot rates.