XRP Price Skyrockets to $1.21 Amid Breaking XRP News of SEC Chair Resignation
XRP price surged 12% in the past 24 hours, reaching $1.21, with a 7-day performance of 58%. The rally follows breaking news of SEC Chair Gary Gensler’s resignation announcement.
Which topics should we dive deeper into?
Select what genuinely interests you. Your picks feed directly into our editorial planning.
Crypto news that's actually worth your time.
Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam.
XRP has shocked the crypto market with a dramatic surge, climbing to $1.21 after a 12% gain in the past 24 hours and a whopping 58% increase over the last week. The catalyst for this impressive rally? Breaking news that SEC Chair Gary Gensler will resign from his position on January 20th, 2025. This unexpected development has sent bullish ripples across the crypto community, particularly for XRP, which has long been embroiled in a legal battle with the SEC.
XRP Price Surges to $1.21: A Closer Look
XRP’s price action has been nothing short of spectacular:
- 24-hour performance: XRP gained 12%, pushing its price to $1.21.
- 7-day performance: XRP skyrocketed by 58%, marking one of its best weeks in 2024.
This rally places XRP among the top-performing cryptocurrencies in the market, reinforcing optimism about its future trajectory.
XRP/USD 4-hours chart - TradingView
Breaking XRP News: SEC Chair Gary Gensler Resigns
The news of Gary Gensler’s resignation as SEC Chair on January 20th, 2025, has sent shockwaves through the crypto industry. Gensler has been a controversial figure, particularly for his regulatory stance on cryptocurrencies, including the lawsuit against Ripple, XRP’s parent company.
Gensler’s resignation is seen as a potential turning point, with many speculating that a more crypto-friendly leadership could emerge, easing regulatory pressure on XRP and other digital assets.
Why This News Matters for XRP
XRP has been at the center of the SEC’s crackdown on cryptocurrencies, accused of being sold as an unregistered security. While Ripple has fought back with legal victories, the uncertainty surrounding SEC leadership has weighed heavily on XRP’s price in recent years.
With Gensler stepping down, investors are hopeful for:
- Regulatory Clarity: A new SEC Chair could adopt a more transparent and supportive stance toward crypto.
- Resolution to Ripple’s Case: A change in leadership might accelerate the settlement of Ripple’s legal battle with the SEC.
These factors have fueled bullish sentiment for XRP, driving the recent price rally.
XRP Price Prediction: What’s Next?
XRP’s current price surge has sparked speculation about its next move. Analysts suggest the following price levels:
- Bullish Targets: If positive momentum continues, XRP could test resistance at $1.50 and potentially climb toward $2.00 in the coming weeks.
- Support Levels: In case of a market pullback, XRP may find support at $1.00 or $0.85, providing entry points for traders.
XRP/USD 4-hours chart - TradingView
Related articles
- XRP Price Breaks $1.50 – Buying Frenzy Pushes Ripple to New Heights
- XRP Price Prediction: Can XRP Price Rally Continue Following Its Legal Victory?
- XRP Price Prediction: Can XRP Price Skyrocket By A 10000% Surge?
- XRP News May 2025 as Analysts Predict a $5 XRP Next Week
- XRP Crash: What Happened and What's Next for the Last Days of 2024?
Which topics should we dive deeper into?
Select what genuinely interests you. Your picks feed directly into our editorial planning.
Crypto news that's actually worth your time.
Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam.
December 1, 2024 8:13 PM
XRP Price Breaches $2 – Is Now the Time to Buy?
XRP has smashed past the $2 mark, surging over 50% in the last week. With Trump’s pro-crypto stance, could this be your best chance to invest?
November 22, 2024 3:00 PM
XRP Price UP by 33% in 1 DAY - Can it reach a $2 by Week End?
As XRP price rallies 33% to $1.50, driven by multiple factors, it is still far from its all-time high. But speculations now revolve around whether it can reach $2 by the weekend.
April 4, 2026 11:00 AM
XRP News Today: Ripple RLUSD Expansion and the CLARITY Act Impact
XRP faces technical pressure while Ripple’s RLUSD stablecoin gains global traction. Explore how the CLARITY Act could redefine the XRP Ledger ecosystem.
June 5, 2024 5:03 PM
Crypto Market Up: Bitcoin Breaches $71K, Altcoins Follow Suit, Eyes on New Highs
Cryptocurrencies are experiencing a surge, with Bitcoin leading the charge by surpassing $71,000. This bullish trend extends to altcoins, igniting optimism across the market. Will Bitcoin reach new highs?
February 20, 2025 10:23 AM
Top 3 Reasons why XRP Price is on the RISE
In the past 24 hours, XRP’s price has jumped by more than 5%. This bullish momentum has sparked renewed interest among traders and investors. What’s driving this price increase?
September 13, 2024 12:23 PM
Ripple, SEC, and Grayscale: The Ripple Effect on XRP Price
This is how Ripple’s legal battles and Grayscale’s XRP Trust launch are shaping the future of XRP and the crypto market...
November 27, 2024 4:01 PM
XRP Price Prediction amid MAJOR XRP News Today - What to Expect?
XRP news today is affecting its price, and listing it among the top trending cryptos. Here is the latest XRP price prediction. and what to expect ahead.
July 29, 2024 10:29 AM
XRP Price Prediction: Will XRP Break Its Next Resistance Level Today?
With the current market uptrend, all cryptos are showing bullish signals. With XRP struggling to surpass the $0.60 resistance level, could this market surge help do it?
June 27, 2024 2:32 PM
Ethereum Price Prediction: Can ETH Surpass 4K Before The End Of June?
Ethereum shows promising signs of gaining ground against Bitcoin with new bullish signals and upcoming ETF launches, while price stability suggests potential upward trends. Will ETH reach 4K by the end of June?
July 17, 2025 6:53 PM
XRP Is Just 2% Away from a New ATH — But Which ATH Counts?
XRP is now less than 2% away from a new all-time high — at least according to some exchanges. But what’s the real ATH? And how high could XRP go next? Let’s break it down.
June 1, 2024 12:17 PM
XRP SEC Lawsuit Update: A "Fire Gensler" Campaign & A Biden Veto
Ripple CEO Brad Garlinghouse calls on President Biden to replace SEC Chair Gary Gensler...Biden uses his veto right to the latest standalone legislation... Is Biden's veto decision good for Ripple?
July 30, 2024 3:46 PM
XRP Price Prediction: Why Is ONLY XRP Price UP While The Crypto Market Is DOWN?
Despite the recent crypto market downturn, how did only XRP Price surge and break its 10-day resistance level?
January 22, 2025 8:15 AM
XRP Price Prediction with the Launch of the New SEC Crypto Task Force
XRP price gains momentum as the SEC Crypto Task Force signals a shift in regulatory stance. Explore how this development impacts XRP's future and market performance.
April 7, 2026 8:34 AM
XRP Price Analysis: Strong $1.30 Support Holds, is a Rally to $1.45 Next?
XRP finds rock-solid support at $1.30. Technical indicators suggest a potential breakout toward $1.45 as Ripple's institutional utility expands in 2026.
April 1, 2025 7:30 AM
BREAKING NEWS: SEC Drops Case Against Ripple. XRP jumps to $15 As Ripple WINS SEC Lawsuit
In a major victory for the crypto market, Ripple has won its lawsuit against the SEC. The news has caused a stir in the crypto community
March 17, 2026 1:30 PM
XRP Price is Targeting 2$ as its Technical Chart Revealed Important Pattern
XRP has reclaimed the $1.50 level after a decisive breakout. Technical patterns and institutional inflows suggest Ripple’s token is now targeting the $2.00 mark.
January 16, 2026 2:33 PM
XRP Price Prediction: Bullish Breakout Confirmed as XRP Smashes Through Key Triangle
XRP breaks its descending triangle higher! Here are the latest XRP price predictions, bullish targets for 2026, and the worst-case support levels to watch.
May 24, 2025 8:00 PM
XRP News Today: Calm Before the Rally? Analysts Predict a Surge to THIS PRICE
Despite underperforming the broader market, XRP is loaded with bullish catalysts. From ETF optimism to major acquisitions, here’s why traders are betting big on a breakout.
March 13, 2025 6:00 AM
SEC vs. Ripple Case Nears Conclusion: Impact on XRP and Crypto Regulation
The Ripple SEC lawsuit is reportedly nearing its conclusion. How will this impact the XRP price and the crypto market?
April 24, 2026 3:29 PM
XRP Price Prediction: Why Ripple is Stuck in a Sideways Grind
XRP price remains stagnant despite regulatory wins. This XRP price prediction analyzes the technical chart and identifies the key breakout levels for 2026.
July 23, 2024 9:09 AM
Ethereum Price Prediction: Will ETH price reach $5K With The Launch Of ETH ETF?
With Spot ETH ETF trading launched today, what can you expect for Ethereum price and other altcoins, a surge or dip?
July 22, 2024 9:21 AM
Following Biden's Withdrawal, Will Bitcoin Price Go UP or DOWN?
President Joe Biden’s withdrawal, the predicted resignation of SEC Chair, and Elon Musk’s apparent endorsement of Bitcoin. With all that, what comes next for Bitcoin price?
January 24, 2025 10:19 AM
XRP News Today: Will the SEC Silence and Trump Crypto Executive Order Fuel an XRP Price Rally?
With the silence revolving around the SEC appeal, followed by the Trump crypto executive order, in favor of digital assets with a focus on America being the capital of AI and Crypto, fuel an XRP price rally soon?
March 19, 2025 8:05 AM
XRP Price Prediction: Can XRP Price Reach $10 after FOMC Meeting?
Can XRP price reach $10 and break past key resistance levels? What will happen to the crypto market after the FOMC meeting today? Full price analysis here!
July 16, 2025 9:22 AM
XRP Price USD Smashes Through $3 – Is $4 Next?
XRP price has exploded past key resistances and is now targeting $3. Can bulls maintain the momentum or is a cooldown coming?
April 12, 2025 9:30 PM
XRP Price Prediction: Can It Hit $3 After the Recent Bounce?
XRP has bounced back after falling to $1.60, now trading above $2. With SEC troubles easing and trade war uncertainty lingering, investors are asking—can XRP hit $3 next?
March 19, 2025 5:28 PM
Breaking News: SEC Ripple Lawsuit is Officially Dropped! XRP Price to the Moon?
The chances of an XRP exchange-traded fund (ETF) approval in 2025 have soared after Ripple announced that the U.S. Securities and Exchange Commission (SEC) has officially dropped its case against the company.
More from CryptoTicker