XRP Breaks Past $3.50, Surpassing 2018 High as U.S. Policy Tailwinds Boost Sentiment
XRP rallied to a new all-time high on Thursday, breaching the $3.50 mark for the first time as investor optimism surged following key regulatory developments and fresh political momentum in the U.S.
The token climbed 14% in late-session U.S. trading, pushing its market capitalization beyond $200 billion—making it the third-largest digital asset by market value, according to CoinDesk data.
The move was triggered in part by a Financial Times report revealing that former President Donald Trump is preparing an executive order to allow U.S. retirement accounts to gain exposure to alternative assets such as cryptocurrencies, including XRP.
Adding to the momentum, lawmakers advanced two significant crypto-related bills—the GENIUS Act and the CLARITY Act—which aim to establish comprehensive regulatory guidelines for digital assets and stablecoins. The progress is being seen as a major step forward for institutional adoption and market legitimacy.
Market data from CoinGecko shows XRP recorded one of its strongest daily performances in months, with increased buying across both spot and derivatives markets.
As investor sentiment continues to strengthen, analysts are now watching for potential upside targets beyond the $3.60–$3.84 zone, with the broader altcoin market also showing signs of renewed strength.
