"Ripple (XRP) Price Increase, Impact of SEC Chairman's Resignation"

Ripple (XRP) recorded its highest price since May 2021, with reports suggesting that the price increase is due to the impact of the resignation of the U.S. Securities and Exchange Commission (SEC) chairman.

On the 28th (local time), Decrypt reported, "Ripple has recorded its highest price since May 2021," and "the resignation of the SEC chairman has had an impact."

Furthermore, "the Democratic commissioner of the SEC also announced their resignation," and with the election of Trump, it was evaluated that Ripple's regulatory and legal uncertainties have been resolved.

The media stated, "WisdomTree has applied for listing a Ripple spot ETF in Delaware, increasing the possibility of launching a Ripple spot ETF," and "this point also had a positive impact on Ripple's price."

Previously, Brad Garlinghouse, Ripple's CEO, said, "The approval of a Ripple spot ETF is inevitable," and "the regulatory environment for virtual assets in the U.S. has become clearer."