Today in crypto, XRP has entered price discovery for the first time since 2017, achieving a three-month consecutive green candle and reaching new all-time highs, with a current price surge indicating a potential breakout above $3.40. Ripple's XRP open interest has increased significantly, hitting an all-time high of $7.9 billion, demonstrating heightened futures market involvement. Concurrently, US President-elect Donald Trump is reportedly open to establishing a strategic reserve for US-founded cryptocurrencies, which might prioritize USD Coin, Solana, and XRP while sidelining Bitcoin. The SEC has filed an appeal against Ripple, disputing earlier court rulings that XRP sold to retail investors is not an unregistered security. Despite regulatory pressures, XRP has shown a 10% gain in the past 24 hours, alongside broader market trends.

Source 🔗