According to some Ripple latest news, XRP spiked by 16% on Wednesday, reflecting the broader market surge and taking the XRP price above $3 for the first time since 2018. Now, XRP’s market cap has risen to $171.5 billion, only behind Bitcoin and Ethereum.

This development has fueled optimism within the Ripple ecosystem as many XRP holders take it as a sign of a new ATH coming. Considering market factors and the rise of competitions like Remittix (RTX), this article explains the reasons behind this ascent and XRP’s chances at $20. 

Ripple Latest News: What Inspired XRP’s Jump Above $3?

Analysts attribute this surge to both the broader market recovery responsible for this week’s correction and news related to Donald Trump’s incoming government.

Ripple’s latest news reveals planned directives for the U.S. Securities and Exchange Commission to reconsider legal action against crypto businesses. According to recent updates, Trump reportedly intends to instruct new SEC leadership to rethink such lawsuits that do not concern fraud. Should that be the case, SEC, under the leadership of Trump-nominated Paul Atkins, could halt court actions affecting companies like Coinbase and Ripple. These firms’ accusations involved selling unregistered securities, not outright fraud.

Yet, this happening will be the first time a new SEC chair suspends cases started by a predecessor, leaving the situation unclear. Besides, Atkins’s appointment as SEC chair is yet to be approved by the Senate.

What Next for Ripple Price? 

This last week has seen a huge rise in the Ripple (XRP) price after an extended period of hovering around the $2.30 range. Ripple’s highest reach in this period was at $2.58. At press time, Ripple trades for $3.27, adding another 7% growth. The price chart shows Ripple moving within an ascending channel as the bull run gets near. Therefore, analysts predict an explosive run, with some predicting that XRP might hit $20.

This recent XRP price momentum is thanks to growing institutional adoption and significant ecosystem advancements, like the rollout of Ripple’s proprietary stablecoin RLUSD. Developments like this further strengthen Ripple’s place in the broader crypto market as one of the best cryptos for a profitable year. Yet, there’s a new altcoin experts are tipping to be the best crypto for investors seeking 50x gains this year—Remittix (RTX).

Remittix (RTX) Disrupts PayFi While Setting Investors Up for 50x Profits

Remittix introduces a game-changer in the PayFi and cross-border payment space, simplifying money transfers for crypto and fiat users. Remittix connects cryptocurrencies and traditional payment systems in the most secure, transparent, seamless, and profitable way. Its innovative PayFi solution allows users to send crypto directly to a fiat bank account, where the funds get settled in fiat. With this, Remittix rids you of the hassles of exchanges, swaps, or extra steps. 

Remittix also encourages decentralization by allowing users to enjoy greater control of their funds without relying on traditional financial systems. Investors can also take advantage of the platform’s lucrative potential by staking $RTX tokens for up to 8% APY, while VIP members earn up to 18% APY. A VIP member also gets a platinum debit card and improved voting power.

This PayFi project’s offerings have helped it amass a fast-growing following, as evident in its presale growth so far. From multiple price rises to raising over $3.5M in a few weeks and potential 50x returns for investors, investing in $RTX offers every investor a clear path to crypto summer in 2025. The $RTX presale token is now selling at a modest $0.0217, and now is your chance to buy before the token pumps.

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Website: https://remittix.io/

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