Coin WorldFriday, Jul 18, 2025 2:58 am ET

2min read

XRP, the native token of Ripple Labs, experienced a significant surge, reaching above the $3.5 level in the later hours of the US House session. This rally marked a 14% increase in 24 hours, driven by the passage of three major crypto bills in the US House. The bills, which include the CLARITY Act, are expected to provide regulatory clarity and support for the cryptocurrency industry, particularly for XRP.

The surge in XRP's value was part of a broader rally in the cryptocurrency market, with the total market capitalization nearing the $4 trillion milestone. This milestone, if reached, would place cryptocurrencies just behind the largest publicly-listed company in the world, which has a market cap of $4.2 trillion. The rally was driven by a daily surge in Bitcoin, Ether, XRP, and other cryptocurrencies, with Ether prices rising 8% to top $3,600 for the first time since early January. XRP, in particular, skyrocketed almost 20% on the day to a year-to-date high of $3.64 in early trading on Friday.

The passage of the crypto bills in the US House has been seen as a significant development for the cryptocurrency industry. The bills are expected to provide regulatory clarity and support for the industry, which could unlock trillions in institutional capital. This, in turn, could drive further growth in the cryptocurrency market. Analysts have expressed optimism about the growth of the cryptocurrency market, with some predicting that the growth will continue as institutions race to advance integration with the crypto industry.

The surge in XRP's value has also been driven by institutional buyers and breakout traders. The passage of the crypto bills has provided a bullish regulatory and institutional development, which has boosted the markets. The CLARITY Act, in particular, is expected to benefit XRP, as it provides regulatory clarity for the cryptocurrency industry. This, in turn, could drive further growth in XRP's value.

The surge in XRP's value has also been driven by the passage of the GENIUS Act and Trump’s plan to open the US retirement market to crypto investments. These developments have provided a bullish regulatory and institutional development, which has boosted the markets. The passage of these bills has provided regulatory clarity and support for the cryptocurrency industry, which could unlock trillions in institutional capital. This, in turn, could drive further growth in the cryptocurrency market.

XRP's historic price elevation draws attention due to new legal frameworks introduced by the U.S. House, suggesting growing institutional trust in crypto markets. Analysts see potential for further growth and adoption in the blockchain sector.

ProShares initiated the first XRP futures ETF, marking a breakthrough for U.S. investors seeking exposure. Major financial institutions are aligned, with Franklin Templeton and others filing for XRP investment products, indicating a solid push into crypto markets.

XRP's price surge boosts its rank to the third-largest cryptocurrency by market cap. As a result, investor confidence has strengthened, paving a path for potential market liquidity increases. Stakeholders witness a new wave of market activity.

The introduction of new regulatory frameworks is anticipated to widen acceptance and compliance throughout the crypto sector. XRP's price action and ETF expansion have ripple effects on BTC and ETH, seen as top-tier cryptos closely linked to market sentiments.

A 2023 court ruling that distinguished XRP's sales as non-securities has opened doors for increased institutional investments. This clarity may encourage other digital assets to pursue similar legal clarity. "Efforts like these reflect the significant transformation digital assets are undergoing to gain legal clarity," said Brad Garlinghouse, CEO of Ripple Labs.

Ripple's strategic initiatives set forth a promising trajectory for XRP with implications beyond traditional markets. The strengthened regulations and institutional uptake could transform how U.S. investors engage with the burgeoning cryptocurrency landscape.