XRP Blasts Past $3.50 as Regulatory Wins and Trump Crypto Order Spark Investor Frenzy
XRP surged past $3.50 on Thursday, setting a new all-time high and reigniting investor enthusiasm not seen since its 2018 bull run peak.
The token jumped 14% in late U.S. trading, propelled by a double dose of political momentum and regulatory clarity. At the height of the rally, XRP’s market cap climbed above $200 billion, securing its spot as the third-largest cryptocurrency by valuation, per CoinDesk data.
Fueling the rally was a Financial Times report that President Trump plans to issue an executive order enabling retirement accounts to allocate capital to alternative assets—including cryptocurrencies like XRP.
Meanwhile, lawmakers in Washington advanced two key pieces of crypto legislation: the GENIUS Act and the CLARITY Act. These bills aim to provide a clear legal framework for digital assets and stablecoins, a long-sought goal for crypto advocates.
XRP’s breakout was confirmed by CoinGecko metrics, with the token registering its strongest daily performance in months. Traders and institutional investors alike are now eyeing even higher price targets, with bullish sentiment reinforced by growing policy support and increasing market legitimacy.
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