Quote from: Crypto Inferno on Today at 09:18:27 AM

XRP zoomed as Gary Gensler’s announcement of stepping down in January as chairman of the U.S. Securities and Exchange Commission (SEC) kept a multiweek bullish trade going.
XRP prices surged 25% in the past 24 hours, with most of the gains in early Asian hours Friday, amid widespread belief of a shift toward a crypto-friendly regulatory environment for U.S.-based companies.

Apart from Gary's announcement, there is another reason which we call alt season. If you look at the market almost every altcoin is going through a significant pump.

Quote from: Crypto Inferno on Today at 09:18:27 AM

XRP is closely-related to Ripple Labs, a high-profile payments company targeted by the SEC since 2020 on allegations of selling the token as a security to U.S. investors. Ripple fully cleared a long-drawn court case in 2024, bringing the spotlight back on XRP, a major token that commands a $77 billion market capitalization.