Ripple's XRP price has made significant gains, reclaiming the $0.80 mark for the first time since mid-July 2023. The resignation of Gary Gensler acted as a catalyst, triggering a swift 30% price surge.
This renewed bullish momentum has led analysts to speculate that XRP could soon approach the $1 benchmark if the current trend continues.
Overall, XRP's recent performance has outpaced many other major cryptocurrencies, indicating strong investor confidence and market interest in the asset.