XRP Soars to Three-Year High Following SEC Chair Gary Gensler's Resignation

Reported about 24 hours ago

XRP has sharply risen to $1.50, marking a three-year high, after news broke of SEC Chair Gary Gensler's resignation. This represents a significant 20% increase from earlier prices of around $0.50. The surge in trading volume, reaching $15.8 billion in just 24 hours, reflects growing investor confidence amidst ongoing legal uncertainties regarding XRP's classification as a security. Analysts suggest that the changes in SEC leadership may provide a more favorable environment for XRP's future as a B2B blockchain payments network.

Source: YAHOO

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