According to CryptoPotato, the potential resignation of SEC Chairman Gary Gensler could have significant implications for the cryptocurrency market, particularly for XRP. Gensler, who has been critical of the crypto industry, might step down in early 2025 following the end of President Joe Biden’s term. This speculation is based on the common practice of SEC Chairs resigning when a new administration takes office. The AI chatbot ChatGPT suggested that Gensler’s departure could positively impact the crypto market and XRP’s valuation, assuming a more crypto-friendly successor takes his place. The chatbot noted that the SEC might be more inclined to settle its ongoing case with Ripple, which could boost XRP’s price. The token’s value surged by over 70% after Ripple’s partial court win in the summer of 2023, where Judge Torres ruled that the firm’s programmatic sales to secondary trading platforms do not constitute offers of investment contracts. However, ChatGPT emphasized that XRP’s potential to reach a new all-time high would also depend on other factors such as favorable market sentiment and a general bull run in the cryptocurrency sector. XRP reached its peak price of over $3.80 at the start of 2018 and is currently valued at around $0.60. If Gensler remains in charge, ChatGPT estimated that Ripple could still win the lawsuit. Additionally, strategic partnerships, increased adoption, and technological advancements could help XRP achieve a higher valuation. Ripple has partnered with several leading financial institutions, including Egypt’s Commercial International Bank (CIB), Thailand’s Siam Commercial Bank (SCB), and Morocco’s Attijariwafa Bank. Future partnerships and developments could further influence XRP’s price. The outcome of the SEC’s case against Ripple and the potential changes in leadership at the SEC will be crucial factors to watch in the coming years.