Optimism for a crypto-forward regulatory shift in the U.S. has supercharged XRP’s momentum, propelling its price by 25% in the past day. The bullish run aligns with news of SEC Chair Gary Gensler’s planned resignation, fueling speculation of a more accommodating stance toward digital assets under the incoming administration.

Ripple Labs’ legal triumph earlier this year cleared lingering doubts about XRP’s regulatory status, reigniting investor interest. The token now boasts a $77 billion market cap, with its price surging 150% over the past month. Analysts predict additional upside, targeting $1.40 in the near term.

The election of Donald Trump, a known advocate for blockchain innovation, has bolstered confidence that his administration will implement crypto-friendly policies. Speculation surrounding a potential XRP exchange-traded fund (ETF) has also added to the token’s momentum.

Trading activity on South Korean platforms has exploded, with XRP volumes surpassing bitcoin and other major tokens, signaling surging demand. In derivatives markets, open interest in XRP futures has hit unprecedented levels, exceeding $2 billion in value, reflecting high expectations of continued volatility and growth.