XRP, the third-largest cryptocurrency, has achieved a new all-time high of $3.65, marking a significant milestone in its development after a prolonged period of volatility and legal challenges.
Regulatory Changes
XRP's surge follows the U.S. Congress's passage of three key crypto bills, including the GENIUS and CLARITY Acts aimed at establishing a clear regulatory framework. The GENIUS Act awaits President Trump's signature, while the CLARITY Act heads to the Senate. These bills provide clarity on which digital assets qualify as securities, creating a more predictable environment for crypto investors.
Institutional and Retail Interest
The growing interest from retail investors and large players provides XRP with a powerful momentum. Data reveals that whale wallets holding more than 100 million XRP have increased by over 2.2 billion tokens since early July. Additionally, analysts expect XRP to reach between $5 and $7 by year-end, driven by institutional accumulation.
Network Expansion and Real-World Utility
XRP is achieving high on-chain activity, with a surge in new wallets and transactions. The cryptocurrency is also strengthening its position in the real world through a partnership with Ctrl Alt for a tokenized real estate initiative in Dubai. XRP is now seen as an infrastructure play, highlighting its utility beyond just a cryptocurrency.
XRP's rise to $3.65 reflects changes in the regulatory environment, increasing institutional confidence, and real-world applications, marking it as a project with a future.
