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XRP Tops $3.5, Shattering 2018 Peak on Trump Crypto Plans, U.S. Regulatory Advance
XRP surged 14% on Thursday, topping its previous, $3.4 record from the 2018 bull market.
Updated Jul 18, 2025, 4:07 p.m. Published Jul 17, 2025, 9:58 p.m.
What to know:
- XRP surged to a new all-time high of $3.52, surpassing its previous record from 2018.
- The third largest cryptocurrency's market capitalization topped $200 billion following a 14% rally.
- The surge followed reports of a potential executive order by President Trump to allow retirement accounts to invest in cryptocurrencies.
, the third largest cryptocurrency and the native token of the XRP Ledger, surged to a fresh all-time high on Thursday, breaking its previous record of $3.4 from early 2018, per CoinGecko data.
The token rallied above $3.5 during the later hours of the U.S. session, advancing 14% through the past 24 hours and topping $200 billion in market capitalization, CoinDesk data shows.
STORY CONTINUES BELOW
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The action happened following a Financial Times report on U.S. President Trump preparing to sign an executive order to open the way for retirement accounts to invest in alternative assets including cryptocurrencies.
Before that, the U.S. House passed the GENIUS Act and the CLARITY Act, two major pieces of legislation designed to bring structure to digital asset markets and stablecoins, a major positive development for the industry.
Read more: Coinbase, Robinhood Hit Record Highs as U.S. House Passes Landmark Crypto Legislation
UPDATE (July 17, 22:10 UTC): Updates XRP price action.
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