The cryptocurrency market has been booming recently. Ripple’s XRP, a type of cryptocurrency, has seen a big increase in price, reaching $0.73. This happened shortly after Bitcoin reached a high of $90,000. The excitement around XRP could be due to the upcoming changes in how cryptocurrencies are regulated under the Trump administration.
However, XRP’s growth is still limited because of an ongoing lawsuit involving the SEC. Some people believe that if the lawsuit is settled or if the SEC changes its guidelines, the price of XRP could go up even more.