XRP price rose by 25% after the US SEC Chair Gary Gensler announced his resignation. The token’s price hit $1.43, and crypto market analysts predict it could reach $2 following a bullish pattern breakout. Pro-crypto Paul Atkins is expected to replace Gensler as SEC Chair, which could further boost the XRP rally.
Analysts believe Gensler’s departure will ease regulatory pressures on Ripple, and his successor, Atkins, is known for his pro-crypto stance.
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<p>The post Ripple’s XRP Soars 25% as SEC Chair Gary Gensler Resigns, Analysts Predict $2 Rally first appeared on CoinBuzzFeed.</p>
