SEC Chairman Gary Gensler will step down on January 20, 2025, coinciding with the time when President-elect Donald Trump takes office. This announcement has generated a strong reaction from the market, particularly XRP. The price of XRP has increased from below $1.2 to above $1.6, marking a 35% increase in just a few days.

Gensler's departure may pave the way for resolving the lawsuit between Ripple and the SEC, which could drive XRP's continued growth. AI predictions suggest XRP could reach $5 if there is a positive policy change. However, ChatGPT warns that price predictions in the cryptocurrency market always carry risks. 📈