1. The price of XRP tokens has been experiencing a surge in bullish activity recently. In the last seven days of trading, the company’s stock price climbed by 22.8%, reaching this point at around 2:35 p.m. ET on Sunday. On the other hand, Bitcoin dropped by 0.7% during the same period, while Ethereum saw a rise of 25%.
Over the past week, XRP’s token price and total market value reached unprecedented peaks, primarily due to the “Crypto Week” event in the U.S. House of Representatives and the enactment of a significant regulation bill for the cryptocurrency sector. Currently, XRP boasts a market capitalization of approximately $207.5 billion, making it the third most valuable cryptocurrency globally by evaluation.
XRP roars to new record as legislative push signals new bullish catalysts
After debating various crypto currency legislations, the House approved the first comprehensive bill regulating and outlining guidelines for the cryptocurrency sector. The act, known as the GENIUS Act, has established a new regulatory structure specifically for stablecoins. This bill was passed in the House on Thursday, followed by President Trump signing it into law the next day.
During the signing, Trump expressed the view that stablecoins might represent “one of the most significant advancements in financial technology since the internet’s inception,” and he made favorable remarks about the broader cryptocurrency sector as a whole. The administration’s backing for the crypto industry under Trump has contributed to substantial price increases for XRP and other digital tokens over the past week.
What’s next for XRP?
As economic and political factors seem to be favoring a robust environment for the wider cryptocurrency sector, investors are becoming more open to investing in tokens beyond Bitcoin. This week, Bitcoin’s value dropped after reaching a new peak, as funds were diverted from Bitcoin and channeled into other tokens offering potentially higher returns. If the bullish trend in the crypto market persists due to favorable macroeconomic and political conditions, XRP may continue to outperform Bitcoin considerably.
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2025-07-21 11:24