SEC Chair, Gary Gensler, announced that he will step down from his position on January 20, 2025, when Donald Trump is inaugurated as the 47th president of the United States. This information has pushed the price of XRP to new highs above $1.4, increasing more than 26% and becoming the largest digital asset with the best performance. 🎉

The Ripple community is excited about Gensler's decision, who is seen as a long-time adversary of the industry. Many have made promising price predictions for XRP, with targets reaching up to $5 and even $30. However, these price levels would place XRP in the top 10 largest assets in the world, which sounds promising but is quite distant at this time. 🚀