Elon Musk criticized the SEC in a tweet, an act seen as indirectly supporting XRP. This occurred after a federal court ruling against the SEC in a separate case. Ripple CEO Brad Garlinghouse echoed Musk’s sentiments, aligning with his views on promoting individual freedom through cryptocurrencies.

In the MENA region, XRP is being adopted in the oil industry, particularly within the UAE, boosting its utility significantly. This adoption could transform financial connectivity in the region by 2025, enhancing payment speed and system efficiency. These developments are set to position XRP as a key player in the financial ecosystem.