XRP Surges as Regulatory Shifts and Futures Interest Boost Market

XRP's price climbs to a three-year high, driven by U.S. political changes and increased futures trading activity.

XRP's price has risen over 80% this week, reaching a peak of $1.20, its highest level in three years.
The surge is partly attributed to expectations of a crypto-friendly U.S. regulatory environment under the incoming Trump administration.
Futures open interest for XRP has reached record levels, indicating heightened speculative trading and market optimism.
Speculation about SEC Chairman Gary Gensler's potential resignation adds to the bullish sentiment around XRP.
Ripple's plans for a new stablecoin, RLUSD, could further enhance XRP's use in cross-border payments and DeFi integration.