XRP’s Price Surge: Hopes for $30 Amidst Legal Progress and Chart Trends

XRP is experiencing a surge in price as speculation surrounding the upcoming SEC decision fuels optimism. The asset has successfully navigated above the crucial $2.00 mark, with traders closely monitoring chart patterns and institutional activity. Ripple’s CEO Brad Garlinghouse confirmed progress towards a negotiated settlement with the SEC, potentially paving the way for XRP to reclaim funds previously held in escrow. This development aligns with reports that suggest the new administration is showing greater openness towards innovation in finance.