Ripple's token XRP reached a price above $2 for the first time since 2018, becoming the fourth largest cryptocurrency by market capitalization, surpassing Solana. The sharp rise started after rumors about the departure of SEC Chairman Gary Gensler, who confirmed his resignation last week. XRP has risen by 300% in a month, reaching a market capitalization of $116 billion, second only to Tether at $134 billion.