XRP inflows surge as price hits $2.86: XRP saw remarkable inflows as its price reached 2.86 USD, marking a 20% gain. Crypto expert Chad Steingraber shared data showing net inflows skyrocketed from 878,840 USD to 5.96 million USD. This surge indicates strong investor demand, boosting market Optimism for higher price targets.
Upcoming regulatory changes benefit XRP: The upcoming resignation of SEC Chair Gary Gensler in January 20, 2025, is boosting Optimism. Paul Atkins, his nominee successor, is expected to bring favorable changes to crypto regulation, especially for XRP and Ripple. This positive regulatory outlook is creating excitement in the crypto community.