news 
XRP Surges as SEC Leadership Change Expected to Favor Crypto Industry
XRP’s price has been steadily climbing since last year after a New York District Court ruling declared secondary XRP sales were not securities. The token is now poised to benefit from the anticipated change in leadership at the Securities and Exchange Commission (SEC), which is expected to significantly soften its stance on crypto.
According to reports, Paul Atkins, a pro-crypto libertarian, will replace Gary Gensler as the new SEC head. This development has sparked hope within the cryptocurrency community that the agency’s approach to regulating digital assets will become more favorable.
As a result, XRP has seen significant gains in recent days, briefly surpassing the $2.8 mark before retreating slightly. Despite this pullback, the token remains strong, currently trading at $2.42.
However, some traders believe that this rally is only the beginning and that there’s still room for further growth.
Source: u.today
