XRP Rockets 45.5% Amid Regulatory Clarity and Treasury Action

XRP surged to $1.45 in a 45.5% gain over the past week, driven by regulatory momentum and a US Treasury announcement.

The price rise came after CharuSan, an XRP supporter, predicted that 'the most hated pump the world has ever seen' would occur, sparking widespread attention.

Regulatory developments in Washington played a significant role, with the SEC proposing new fundraising exemptions and the CFTC signaling clarity on crypto regulations.

The US Treasury's announcement of expanded long-term bond buybacks also triggered market-wide liquidations, contributing to XRP's rally.