XRP Hits Three-Year High, Possibly Driven by Multiple Positive Factors 🚀

- Ripple's XRP was the best-performing cryptocurrency in the top 20 on November 29, with a price near $1.63, its highest since spring 2021. XRP is currently trading around $1.61, up 10% on the day and 200% over the past month.

- One factor that could be contributing to the rally is the development of Ripple's RLUSD stablecoin, which is rumored to be coming soon after nearly all of its tokens were burned.

- Additionally, there is speculation that the legal battle between Ripple and the SEC is coming to an end as Chairman Gary Gensler is set to step down in January. 🌐

- Bitwise Asset Management proposes a new ETF that includes XRP, which could be bullish for the price.