XRP's Impressive Rally

On Monday, XRP experienced a remarkable surge of over 16%, solidifying its position as the third-largest cryptocurrency with a market cap of $154.8 billion. This impressive rise includes a 424% monthly gain and a staggering 334% increase year-over-year. At 12:24 am ET, XRP surged 16.87% to sell at $2.68, while Bitcoin and Ethereum were trading lower by 2% at $95,233 and $3,604, respectively.

Ripple's Game-Changing RLUSD Stablecoin

The dramatic rally is fueled by Ripple's game-changing RLUSD stablecoin, which is poised to disrupt global finance by bridging blockchain and traditional banking. This innovative approach has sparked significant interest and investment in XRP.

Speculation Around SEC Developments

Simultaneously, the upcoming resignation of SEC Chair Gary Gensler has sparked speculation of a favorable turn in Ripple's long-running regulatory fight. This potential shift in regulatory landscape could further boost XRP's value and market position.