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07/18 13:13

XRP Hits New ATH of $3.65 as U.S. House Passes GEN

XRP Hits New ATH of $3.65 as U.S. House Passes GENIUS & CLARITY Acts

A Breakout after Seven Years

Having set its previous historic high of $3.40 in January 2018, XRP had tried in vain to soar to this level for more than 7 years due to intensified legal battles and heightened FUD (fear, uncertainty, and doubt).

Nevertheless, the 3rd-largest cryptocurrency has been able to defy the odds after surging to a record-breaking $3.65, marking a new ATH driven by a convergence of institutional, technical, and regulatory momentum.

XRP’s bullish momentum follows the U.S. House’s passage of three landmark crypto bills, including the GENIUS and CLARITY Acts aimed at establishing a clear regulatory framework, delivering on the Donald Trump administration’s promise and gaining strong bipartisan backing.

The GENIUS Act now awaits President Trump’s signature, while the CLARITY Act heads to the nation’s Senate.

Regulatory uncertainty has long plagued the crypto industry, but the GENIUS Act tackles this head-on by clearly defining which digital assets qualify as securities. This clarity removes a major barrier to innovation and boosts institutional confidence.

On the other hand, the CLARITY Act draws a firm legal line between digital commodities like XRP and securities, limiting the United States Securities and Exchange’s sweeping discretion that fueled lawsuits like Ripple vs. SEC. It gives crypto firms clear compliance guidelines, reducing legal uncertainty.....1752844385321.png

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