XRP reached new heights, surpassing $1.70, thanks to a series of fundamental and regulatory changes. Over the last 24 hours, the token has risen by 14%, outperforming Bitcoin and other major cryptocurrencies.

Trading volume increased by 30%, reaching $10 billion, largely due to the South Korean exchange UpBit.

Investors are anticipating a more lenient regulatory environment following statements from the SEC chairman about plans to resign.