XRP Surpassed $2, SEC Policies are Softening

Reasons for the Rise in XRP

XRP has risen by %8, surpassing the $2 level for the first time since mid-December. This increase has been supported by steady ETF inflows and a positive regulatory outlook in the United States.

On January 1, $13.59 million was invested in spot XRP ETFs in the United States, bringing the total to $1.18 billion. These positive developments have boosted investor confidence.

Changes in the SEC and Cryptocurrency Policies

Additionally, the resignation of SEC Commissioner Caroline Crenshaw has been interpreted as potentially paving the way for more crypto-friendly policies. This change could have a significant impact on the cryptocurrency world.