XRP, the native token of the XRP Ledger, soared to a new historic milestone on Thursday, breaking its long-standing 2018 record and highlighting renewed investor interest fueled by regulatory developments and political support.
XRP Surges to $3.52, Surpassing 2018 Peak
XRP’s price climbed to $3.52, exceeding its previous all-time high of $3.40 set during the 2018 bull cycle. The token registered a 14% gain in 24 hours, positioning itself as the third-largest cryptocurrency by market capitalization, which now stands above $200 billion.
This marks a critical psychological and technical level for XRP, which had struggled for years to reclaim its previous high amidst regulatory uncertainty and extended legal battles.
Market Rally Driven by Trump Executive Order Speculation
The sharp upward move was driven in part by reports suggesting that former U.S. President Donald Trump is preparing to issue an executive order allowing retirement accounts to invest in cryptocurrencies and other alternative assets. This policy shift would open the doors for institutional capital from 401(k)s and IRAs to enter digital asset markets.
Such a development is being viewed as highly bullish by market participants, as it aligns with growing demand for mainstream crypto adoption within traditional financial infrastructure.
U.S. Lawmakers Advance Digital Asset Legislation
Adding to the bullish narrative, the U.S. House of Representatives recently passed the GENIUS Act and the CLARITY Act—two pivotal pieces of legislation aimed at providing regulatory certainty to digital asset markets and stablecoins.
These laws are designed to establish a comprehensive legal framework for cryptocurrencies, reduce regulatory fragmentation, and encourage innovation in blockchain finance while protecting investors.
For XRP, which has long been at the center of debates over securities classification, this legal clarity is seen as a turning point, potentially removing long-standing barriers to institutional participation.
Institutional and Retail Interest Reignite XRP Momentum
With a combination of regulatory progress, political endorsement, and strong technical breakout, XRP is once again capturing the attention of both retail and institutional investors.
The token’s performance also reflects growing confidence in the XRP Ledger’s use case for cross-border payments, especially as traditional financial institutions seek more efficient settlement technologies.
Conclusion
XRP’s rally past the $3.50 mark is more than just a price milestone—it represents a shift in market sentiment powered by regulatory clarity and political backing. With institutional access potentially expanding and lawmakers supporting digital asset innovation, XRP’s breakout could signal the beginning of a broader uptrend across the crypto sector.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.