After Gensler's departure from the SEC, XRP $XRP saw a sharp gain. Anyone who invested $1,000 might want to check their wallets.

Gary Gensler's departure from the U.S. Securities and Exchange Commission (SEC) coincided with a sharp rally in XRP, the asset at the center of the long-running legal battle with the regulator.

On January 20, 2025 , the day Gensler officially stepped down as president, XRP was trading at $2.95 , while today it is trading at $3.41. This represents a gain of 15.42% in six months.

This means that a $1,000 investment in XRP on the day Gensler left the SEC is now worth $1,154, a net gain of $154 in 180 days.

XRP 's rally had already begun in November, after Gensler announced his resignation. At the time, it was trading around $1.10, representing a gain of 209% from today's price.

XRP is in the green and trading volume remains high. Over the past 24 hours, the token has seen $22.81 billion in transactions, up 91% from the previous day.

Market cap has surpassed $201.8 billion, cementing XRP's third-place ranking among the top cryptocurrencies by market cap.

According to on-chain data from the Santiment platform and data published by Ali Martinez, whales holding between 100 million and 1 billion XRP are accumulating the asset vigorously. This has resulted in a surge in both the token and its market cap.

Furthermore, observing its performance since January, a breakout can be seen after months of consolidation, which allowed the token to break away from the stagnation of other assets and record an increase of approximately 490% year-on-year.

The coincidence between Gensler's resignation and the rally did not escape analysts.

With the SEC’s changing attitude toward digital assets and the rest of the market growing, many investors believe that XRP, with clearer regulations and increased institutional interest, could continue to rise.

It is trading at $3.41 today and is getting closer to the high of $3.84, reached in January 2018. If the bullish momentum continues, XRP could soon surpass it.

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