Ripple’s native token $XRP recently overtook BNB to become the fifth-largest cryptocurrency by market cap. XRP’s price has surged more than 230% in November, thanks to investor confidence and continued bullish momentum in the market.$ADA $ALGO

SEC Chairman Gary Gensler’s resignation statement has fueled optimism around Ripple, prompting speculation that the SEC will finally stop pursuing the company.

Institutional investor interest in XRP is also growing. Last week, WisdomTree filed to create an XRP ETF in Delaware. Bitwise and Canary Capital have previously filed to launch the instrument.