Ripple (XRP) has surged 25%, with the price breaking through $1.4 and continuing its upward trend. This wave of increase was triggered by the announcement from SEC Chairman Gary Gensler that his term will officially end on January 20 next year.
The market generally views this dynamic as positive, believing that the regulatory environment may undergo more changes, further boosting market confidence in XRP. As a token long affected by regulatory turmoil, Ripple's performance this time also reflects investors' optimistic expectations for future policy easing.
With XRP back in the market spotlight, the subsequent trends are worth watching. However, market volatility cannot be ignored, and proper layout and risk control are equally important.
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