XRP and Litecoin racked up impressive gains Thursday even as blue-chip cryptocurrencies took a breather.
What happened: Payment-focused cryptocurrency XRP emerged as the best-performing cryptocurrency in the last 24 hours, surging nearly 18%.
The coin’s trading volume soared 50% to $10.54 billion, making it one of the most traded cryptocurrencies in the last 24 hours.
The rally followed SEC Chair Gary Gensler’s remarks suggesting he may be ending his stint.
| Cryptocurrency | Gains +/- | Price (Recorded at 10:30 p.m. EDT) |
| XRP (CRYPTO: XRP) | +17.94% | $0.8199 |
| Litecoin (CRYPTO: LTC) | +8.59% | $81.57 |
Ripple Labs has been locked in a nearly four-year-long legal battle with the SEC over the status of XRP, the …
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