⚖️ Factors Influencing the Price of XRP:
Government Regulations: The return of Donald Trump to the presidency may lead to a relaxation of regulatory constraints on cryptocurrencies, which could enhance the value of XRP.
Legal Developments: The outcome of the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) will significantly impact investor confidence in XRP.
Institutional Adoption: Ripple's launch of a stablecoin (RLUSD) could enhance the use of XRP in global financial transactions.