Ripple’s native token, XRP, has recently reclaimed its spot as the sixth largest cryptocurrency by market cap after a week-long hiatus. This comes amid Ripple’s massive rally over the past few days, including a surge above $1 and multiple speculations about a new all-time high. XRP’s success can be attributed to a combination of factors, including Gary Gensler possibly stepping down as the chairman of the SEC and Ripple’s CEO holding meetings with Trump regarding future crypto policy in the United States.
The surge in XRP’s value has led to predictions about the asset potentially reclaiming its 2018 glory and reaching an all-time high of almost $4.