TLDR
- Ripple CEO Garlinghouse celebrates XRP’s new ATH following the Genius Act signing.
XRP surges to a new all-time high, reaching $3.65 after the Genius Act news.
Ripple’s CEO marks a historic day for crypto as XRP climbs 70% in 30 days.
The Genius Act provides clearer regulations for stablecoins and digital assets.
Ripple CEO Brad Garlinghouse celebrated a historic moment for both Ripple and the cryptocurrency industry. XRP, the cryptocurrency associated with Ripple, surged to a new all-time high (ATH), breaking its previous record set in January 2018.
The milestone came as Garlinghouse shared images from the White House, where U.S. President Donald Trump signed the Genius Act into law, marking a significant regulatory shift for cryptocurrencies, especially stablecoins.
Ripple CEO Celebrates the Genius Act Signing
The Genius Act, signed into law by U.S. President Donald Trump, aims to provide a clearer regulatory framework for the growing stablecoin market, which is valued at over $250 billion. Ripple’s Brad Garlinghouse attended the historic event virtually, sharing photos of the occasion through social media.
In his post, Garlinghouse emphasized that this legislation marked a turning point for cryptocurrency regulation in the U.S. He described the event as a key moment for the industry, especially given the U.S. government’s evolving stance on digital assets.
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
— Brad Garlinghouse (@bgarlinghouse) July 18, 2025
Although Garlinghouse could not be present at the signing, Ripple’s chief legal officer, Stuart Alderoty, attended the event in person, capturing a pivotal moment for the firm and the wider cryptocurrency ecosystem.
XRP Surges to a New All-Time High
Following the news of the Genius Act signing, XRP experienced a dramatic price surge, hitting a new all-time high of $3.65. This marks a significant achievement for XRP, which had been on an upward trajectory over the past month. XRP’s rise was accelerated by two major green hourly candles that pushed the price up by 5% in each instance.
Over the last 30 days, XRP has increased by 70%, further solidifying its position as one of the top cryptocurrencies by market capitalization.
Despite a subsequent 6% correction, XRP continues to trade above $3, maintaining its strong position in the market. The rally has attracted significant attention from both retail and institutional investors who are watching the asset’s price closely.
The Genius Act and Ripple’s Role in Crypto Regulation
Ripple’s involvement in the legal framework surrounding cryptocurrencies has been under scrutiny for several years. The company has faced multiple legal challenges, including the ongoing case with the U.S. Securities and Exchange Commission (SEC).
However, the signing of the Genius Act could signal a shift toward more favorable regulations for digital assets. Garlinghouse has long been a vocal advocate for clearer guidelines to ensure the growth and adoption of blockchain technology in the U.S.
The Genius Act provides much-needed clarity for stablecoins, which have been a subject of debate within U.S. legislative circles. Garlinghouse expressed that Ripple’s presence at the signing ceremony reflected the company’s dedication to driving forward regulatory progress that will help the broader industry thrive.
XRP’s Position in the Market
With the latest price surge, XRP has cemented its position as the third-largest cryptocurrency by market cap. The cryptocurrency’s success in reaching a new ATH comes amidst growing optimism about the future of digital assets, particularly in the wake of the Genius Act. Many analysts predict that the new regulatory clarity will open doors for further institutional adoption and increased use cases for cryptocurrencies.
Stay Ahead of the Market with Benzinga Pro!
Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders:
- Breaking market-moving stories before they hit mainstream media
- Live audio squawk for hands-free market updates
- Advanced stock scanner to spot promising trades
- Expert trade ideas and on-demand support