$XRP 's recent price increase is driven by several factors. Regulatory optimism emerged after SEC Chair Gary Gensler’s resignation, with expectations of a pro-crypto leadership transition. Ripple's partial legal victory over the SEC has boosted market confidence. Additionally, increased institutional interest, including ETF filings for XRP-focused funds, has validated its growth potential. Broader market speculation and trading activity following global developments have also played a role. The convergence of these events has strengthened investor sentiment, driving XRP to multi-year highs. However, the crypto market remains volatile, and caution is advised for traders and investors navigating this surge.