The price of the Reserve Rights token (RSR) surged over 13% in the past 24 hours after it was listed on the CoinBase exchange. RSR token plays a vital role in maintaining stability of the Reserve Protocol’s stablecoin named Reserve (RSV). Pal Atkins, the new chairman of the U.S. Securities and Exchange Commission (SEC), previously served as an initial advisor to Reserve but currently has no affiliation. The official announcement of Atkins’ chairmanship on April 21, 2025, coinciding with RSR token listing on CoinBase, led to a more than 13% growth and a peak price of $0.008522 daily. Currently, RSR with a $464 million market cap ranks 107th in the cryptocurrency market. Atkins has emphasized creating a coherent, logical, and principled framework for cryptocurrencies, aiming to make the U.S. the safest and most attractive place for investment while protecting consumer rights. Experts believe Atkins’ approach to the crypto industry is more positive and supportive.
