XRP has experienced a remarkable surge, climbing 400% since the U.S. election, reaching a high of $2.90 before stabilizing around $2.50. This rally has elevated XRP to the third-largest cryptocurrency by market capitalization, surpassing Tether.

The market's optimism stems from expectations that the incoming administration will adopt a more crypto-friendly regulatory stance. Investors anticipate that the SEC, under new leadership, may drop its lawsuit against Ripple, which has been a significant overhang on XRP's value.

Additionally, the potential approval of XRP-focused ETFs could further boost demand. Asset management firms like Bitwise and 21Shares have already filed applications for these ETFs, signaling growing institutional interest.

Despite the gains, investors should stay cautious as crypto’s volatility and regulatory changes can heavily impact prices. Nonetheless, the current uptrend suggests that XRP may be setting up for another significant move. Show Less