XRP’s price rallied Thursday, helped by a raft of factors that appeared to please crypto investors. XRP, the popular altcoin used to facilitate and settle transactions on Ripple’s payments platform, is up 8.

The price of the native token of the XRP Ledger is up more than 6% over the last 24-hour period while most other major cryptocurrencies are relatively flat, with bitcoin being up around 0.5%, ether moving up just 0.

XRP momentarily smashed through the $3 barrier today, a dramatic comeback not seen since early 2018. Though it quickly corrected back to $2.97. The crypto, often at the center of legal and regulatory drama,