XRP Price Soars 25% as Ripple Faces Favorable Regulatory Changes

Reported about 21 hours ago

XRP's price rose by 25% following Gary Gensler's announcement that he would step down as chairman of the U.S. SEC, signaling a potential shift towards a more crypto-friendly regulatory climate. This increase comes after Ripple Labs resolved a lengthy legal battle and amidst rising optimism in the crypto community, particularly with expectations of pro-crypto policies under Donald Trump's administration. XRP has seen significant trading volume, indicating robust demand in the market.

Source: YAHOO

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