$1,000 invested in XRP when Gary Gensler left SEC is now worth this much
The departure of Gary Gensler from the U.S. Securities and Exchange Commission (SEC) has coincided with a powerful rally in XRP, the cryptocurrency at the heart of a long-standing legal battle with the regulator he once led. On January 20, 2025, the day Gensler officially stepped down as SEC Chair, XRP was trading at $2.95. As of July 18, the token has surged to $3.41, marking a 15.42% gain over six months. XRP price since Gensler resigned. Source: CoinMarketCap That means a $1,000 investment in XRP on the day Gensler exited the SEC is now worth $1,154, netting a return of $154 in just under 180 days. This follows months of bullish momentum that began building after Gensler’s resignation announcement back in November 2024, when XRP was trading around $1.10. From that November 21 price level, XRP has now climbed over 209%. XRP price since Gensler announced he would resign. Source: CoinMarketCap XRP trading volume In parallel, XRP’s trading volume has rem...