The House is set to vote on a series of high-stakes bills backed by the cryptocurrency industry, after top Republicans brokered a deal with a group of dissenters in their ranks.

Ether, the second largest cryptocurrency after Bitcoin, continued to surge Friday after the House of Representatives approved three crypto-friendly bills that could give digital assets increased legitimacy.

The House narrowly passed an earlier procedural vote to reopen a motion to debate after that motion failed on Tuesday when the House Freedom Caucus voted against advancing to debate and a final vote. While the rules motion is procedural, a majority of lawmakers need to vote in favor before the House can vote on the actual bills.

House Republicans are struggling with cryptocurrency legislation that they had expected to pass during what they dubbed “crypto week.”

Crypto interest groups spent heavily donating to lawmakers who went on to support crypto legislation on Capitol Hill.

To be sure, the road to the passage of the three bills was not smooth, since 12 hardliners scuttled a procedural vote on the GENIUS Act on Tuesday, prompting House Speaker Mike Johnson to halt the process.

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The House is considering three bills that would regulate digital currencies. The first, the GENIUS Act, is expected to quickly pass and head to President Donald Trump's desk by Friday.

The GENUIS Act, a stablecoin bill, has already passed the Senate and looks set to become the first standalone crypto measure signed into law. The market structure package called the CLARITY Act could be held up as Democrats have concerns about President Trump's growing crypto empire.