XRP Soars 25% in Wake of Gary Gensler’s SEC Resignation
Ripple’s native currency XRP jumped nearly 25% on Friday after SEC Chair Gary Gensler announced his resignation. The crypto asset last traded at $1.37, and is up 65.7% in the last week. Known for his strict enforcement approach, Gensler will officially step down on Jan. 20, coinciding with President-elect Donald Trump’s inauguration.