XRP, The Cryptocurrency of Ripple
XRP, the cryptocurrency of Ripple, has seen a significant rise recently, exceeding a 33% increase in the last week, which brought it to a price of $1.94, its annual high. This surge has been driven by key factors such as the resignation of SEC Chairman Gary Gensler and optimism surrounding the approval of financial products like an ETF based on XRP and an associated stablecoin. Additionally, the rise in Bitcoin's price and Ripple's adoption in international transactions have generated greater confidence among investors.