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XRP Climbs Above $2 as Traders Bet on Lighter SEC Stance
XRP surged over 8% past $2, with traders pricing in a potentially more crypto-friendly SEC and strong ETF inflows supporting the token’s short-term gains.
Traders pushed XRP more than 8% higher, lifting the token above $2 for the first time since mid December, as optimism grows around a friendlier U.S. Securities and Exchange Commission outlook. Spot XRP exchange traded funds recorded steady net inflows, supporting demand amid broader crypto markets moving mixed. Market participants are interpreting recent regulatory shifts, including changes in SEC leadership, as reducing uncertainty and potentially encouraging further institutional interest.