$XRP

As of December 25, 2024, XRP is trading at $2.32, reflecting a 4.04% increase from the previous close.

XRP has experienced significant volatility in recent days.

On December 23, it declined by 2.3% to $2.19, influenced by the Federal Reserve's indication of fewer rate cuts in 2025 due to persistent inflation.

This monetary policy stance has generally exerted downward pressure on cryptocurrency prices.

In the legal arena, the U.S. Securities and Exchange Commission (SEC) faces a January 15 deadline to file an appeal in its case against Ripple, the company behind XRP.

The outcome of this decision could significantly impact XRP's price trajectory.

Analysts suggest that if the SEC proceeds with the appeal, XRP could drop below $1.50; conversely, if the SEC withdraws, XRP might surge toward $3.55.

Additionally, the re-election of President Donald Trump and his appointment of crypto-friendly officials, such as Paul Atkins as the anticipated SEC Chair, have bolstered optimism for favorable regulatory developments in the cryptocurrency sector.

This political shift has contributed to XRP's recent performance, with the cryptocurrency quadrupling in value from approximately $0.60 at the beginning of the year to its current price.

Investors should closely monitor upcoming regulatory decisions and market trends, as these factors are poised to influence XRP's future valuation.