“Crypto Week begins in Congress, sending XRP’s implied volatility soaring and hinting at a significant 13% price shift.”

XRP Climbs 5% as Volatility Spikes Ahead of Crucial U.S. Crypto Legislation

XRP surged over 5% on Monday, trading around $3 — levels last seen in early February — as traders brace for heightened volatility during a pivotal week for crypto regulation in Washington.

Volmex Finance reports XRP’s seven-day implied volatility (IV) has leapt to an annualized 96%, up from 73% last week and well above its seven-day historical volatility of 42%. That suggests traders expect XRP’s price to swing as much as 13% — up or down — over the coming week.

By comparison, bitcoin (BTC) is facing more modest expectations, with its seven-day implied volatility ticking up only slightly to 46%, implying a weekly price swing of roughly 6%.

The spike in XRP’s volatility coincides with the U.S. House of Representatives preparing to discuss three significant crypto bills:

• GENIUS Act: Mandating stablecoin issuers maintain liquid reserves, undergo annual audits, and publish monthly reports.
• CLARITY Act: Determining whether cryptocurrencies fall under SEC or CFTC oversight.
• Anti-CBDC Surveillance Act: Prohibiting the Federal Reserve from launching a retail central bank digital currency.

As XRP has been designated a strategic U.S. asset by the SEC, the legislative outcomes could directly influence its regulatory landscape and market prospects.

“The GENIUS Act and CLARITY Act are vital to removing legal uncertainty, which has long held back institutional involvement,” said Javier Rodriguez-Alarcón, Chief Investment Officer at crypto liquidity firm XBTO. “Clear rules could help the U.S. keep pace with regions like the UAE, where regulatory clarity is already fueling tokenization and new market structures.”

Rodriguez-Alarcón noted that passing these bills could pave the way for broader stablecoin adoption, regulated tokenization, and legally robust on-chain financial products.

While implied volatility doesn’t dictate price direction, XRP’s current upward momentum suggests traders are positioning for significant moves as Congress opens a critical chapter for the digital asset industry this week.