Ripple is the technology company that developed XRP (CRYPTO: XRP), the digital currency native to the XRP Ledger. Ripple uses that blockchain platform to offer cross-border payment solutions to banks and other financial institutions like merchant services providers.

XRP’s price depends heavily on transaction velocity and circulating supply — a higher velocity or larger supply would significantly lower price projections.

It’s just the latest instance of the SEC easing up on the cryptocurrency industry during the Trump presidency. Ripple’s cryptocurrency XRP has spiked after the SEC said it would drop its lawsuit alleging that the company was selling unregistered securities.