Bitcoin (BTC) and altcoins have experienced significant gains as a result of increased regulatory clarity and anticipated changes in the cryptocurrency landscape following Donald Trump's election victory. XRP, which has been engaged in a legal battle with the SEC, has seen a 102% increase in the last 7 days and a 9.5% increase in the last 24 hours. Open interest in XRP futures has also reached record levels, nearing $2 billion. Market experts believe that the surge in interest in XRP futures indicates a positive trend in the market and suggests that investors expect the price of XRP to rise. Some attribute the recent price increase in XRP to expectations of favorable developments for the cryptocurrency under the Trump administration, including the possibility of Ripple CEO Brad Garlinghouse advising Trump on crypto policy and the potential for an XRP ETF. As of now, XRP is trading at $1.15.



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