Original | Odaily Planet Daily ( @OdailyChina )
Author: Wenser ( @wenser 2010 )
On Thursday, local time in the United States, the U.S. House of Representatives passed three cryptocurrency-related legislations, namely: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act . Among them, the CLARITY Act and the Anti-CBDC Surveillance State Act will be sent to the Senate for deliberation, and the GENIUS Act is expected to be signed by Trump on Friday local time to become law.
Affected by the policy news, cryptocurrencies related to the three major crypto bills have begun to soar. OKX market data shows that the price of XRP has increased by 18% in 24 hours to $3.64, surpassing the previous high of $3.4 on January 7, 2018 , setting a new record. Odaily Planet Daily will sort out the multiple positive factors behind the surge in XRP in this article.
Behind the surge in XRP, the crypto bill has become the best booster
The biggest driving factor for XRPs new high is undoubtedly the three major encryption bills that have just been passed in the United States. Specifically, the benefits are mainly reflected in the following three aspects:
CLARITY Act: Clarifying regulatory boundaries, XRP may be classified as a commodity rather than a security
The CLARITY Act, whose Chinese name is the Digital Asset Market Clarity Act of 2025, focuses on clarifying the classification and regulatory affiliation of digital assets, clarifying the power boundaries of the two major regulatory agencies, the U.S. SEC (Securities and Exchange Commission) and the U.S. CFTC (Commodity Futures Trading Commission); further lowering the compliance threshold for crypto projects; and determining whether crypto assets are commodities through a bright line test to clarify regulatory regulations.
After the bill is passed, XRP is expected to be classified as a commodity regulated by the US CFTC rather than a security regulated by the US SEC, which greatly reduces its trading threshold and market supervision.
GENIUS Act: Directly promotes the development of RLUSD under XRP
As a crypto project with cross-border payment solutions as its main concept, RLUSD under XRP will also benefit from the introduction of the GENIUS Act, and the compliance paths related to subsequent issuance and operations will be further clarified.
You know, as the hottest track in cryptocurrency, the issuance of stablecoins has always been regarded as a money printing machine and cash cow business by people inside and outside the circle. The introduction of the Genius Act will also help the growth of XRPs trading volume and RLUSDs issuance. Previously, the Japanese financial institution SBI announced that users can exchange APLUS credit card points for XRP, BTC, ETH and other tokens, which shows the influence of XRP in the payment track.
Anti-CBDC Surveillance State Bill: Negative for Central Bank Digital Currency (CBDC), Favorable for Decentralized Cryptocurrency
The Anti-CBDC Surveillance State Act explicitly prohibits the Federal Reserve from researching, testing, developing or implementing retail central bank digital currencies (CBDCs) to protect financial privacy and civil liberties. This is also one of Trump’s main political promises before he took office. Now that the bill has been passed in stages, it will further consolidate and maintain the decentralized status of a number of cryptocurrencies including XRP and the privacy of cryptocurrency assets.
At the same time, after the central banks digital currency was completely denied, XRP, as a mature payment network and corresponding token, is expected to further increase its usage rate and market attention.
XRP ETF application, cryptocurrency reserve frequenters and Ripple joint founders crash the market
It is worth mentioning that XRP’s current surge is also inseparable from its previous accumulation as a major ETF application project and a frequent cryptocurrency reserve. On the other hand, after the XRP price skyrocketed, Chris Larsen, the co-founder of Ripple behind its team, did not hesitate and directly started his usual dumping operation.
XRP becomes a priority option for ETF applications and cryptocurrency reserves
As an 11-year-old crypto project, XRP’s historical status is undoubtedly obvious to all, which also makes it a priority choice for ETF applications and cryptocurrency reserves:
Trumps Truth Social Crypto Blue Chip ETF basket plan: Eric Balchunas, senior ETF analyst at Crypto Bloomberg, previously wrote that according to the information disclosed in the S-1 form, the spot cryptocurrency basket of the Truth Social Crypto Blue Chip ETF includes BTC, ETH, Solana, XRP and Cronos;
ProShares launched two new futures-based cryptocurrency ETF products this week, the ProShares Ultra Solana ETF and the ProShares Ultra XRP ETF, which have begun trading on the New York Stock Exchange, although they do not directly invest in XRP and Solana cryptocurrencies.
In terms of cryptocurrency reserves, Thumzup Media Corporation (NASDAQ: TZUP), a U.S. listed company, previously announced that its board of directors has authorized the company to hold up to $250 million in cryptocurrency assets, covering multiple mainstream currencies including XRP; Amber International, a listed subsidiary of Amber Group, previously announced the completion of $25.5 million in private placement financing, which will be used to support its $100 million crypto reserve strategy launched in May, with XRP among the reserve assets.
Ripple teams fine tradition reappears: Lianchuang crashes the market
It is understood that as XRP approaches its all-time high, Ripple co-founder Chris Larsen has transferred $26 million worth of XRP to Coinbase.
It is worth mentioning that this is not its first dumping. In January this year, it transferred 10 million XRP to Coinbase, which was worth more than 24.2 million US dollars at the time.
In addition, on Tuesday, more than $6.5 million of XRP was transferred in four batches; on Thursday, more than $40 million of XRP was transferred to an unknown address. Despite the current favorable conditions and record high prices, the Ripple team continues to sell coins. Of course, this is understandable, because selling coins for survival is Ripples business model and way of survival.
Conclusion: XRP may become the third winner after BTC and ETH
Following the BTC spot ETF and ETH spot ETF, the markets speculation about the third crypto spot ETF has always remained at the level of choose one between SOL and XRP. Now, with the XRP price hitting a record high and stimulated by a series of favorable policies, the XRP spot ETF may be implemented from the paper stage to the actual promotion stage, and the price ceiling of XRP may be further expanded.
