XRP has been on a bullish trajectory in the past week and is now just 17.74% away from surpassing its all-time high of $3.84 in January 2018. Despite a slight dip in price, analysts believe XRP is entering a reset mode that could lead to a new all-time high. Open Interest in XRP futures has reached $7.41 billion, with Bitget, Bybit, Gate.io, and Binance being the top exchanges for trading. The surge in Open Interest indicates rising confidence among market participants. XRP's recent performance has outshined Bitcoin and Ethereum, leading some to believe it has entered a price discovery mode. Market watchers are interested to see how XRP will perform after the inauguration of a new US President and the appointment of a new Securities and Exchange Commission Chair.



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