XRP, the altcoin affiliated with Ripple, has experienced a significant rise in value recently, surging by 70%. This increase has been attributed to speculation that Ripple CEO Brad Garlinghouse met with President-elect Donald Trump and rumors of a potential resignation by SEC Chairman Gary Gensler. Garlinghouse expressed optimism about the regulatory landscape under a crypto-friendly president and stated that the US has waged a war on crypto for years. Ripple's legal battle with the SEC has become a focal point, with Garlinghouse welcoming the support of 18 state attorneys general who filed a lawsuit against the SEC. Additionally, the relisting of XRP on Robinhood has signaled increased confidence in US regulations. Garlinghouse remains optimistic about the future of Ripple and the crypto industry as a whole.



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