Ripple CEO Celebrates Historic Day for Crypto As XRP Skyrockets to New ATH

Key Points

1. Ripple CEO Brad Garlinghouse shared photos from the White House where the Genius Act was signed into law by the US president.

2. The signing of the Genius Act is seen as a significant milestone for the $250 billion stablecoin market and the broader crypto industry.

3. XRP surged to a new all-time high of $3.65, marking a 70% increase over the past 30 days, driven by the news of the Genius Act approval.

4. Derivatives activity for XRP also surged, with open interest reaching $10 billion.

5. Garlinghouse was unable to attend the event in person but celebrated remotely, reposting a tweet from Ripple’s chief legal officer, Stuart Alderoty.