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XRP experiences historic rally fueled by political support and ecosystem growth

Significant XRP price surge: In November 2024, XRP surged to about 2.90 USD on December 3, reaching a seven-year HIGH. Strong investor interest was evident despite a minor pullback. This rise was noted within the context of favorable market conditions.

Trump’s win boosts crypto Optimism: Donald Trump’s electoral victory revitalized the crypto market, generating Optimism for pro-crypto policies and eased regulations. This political climate has positively impacted MAJOR cryptocurrencies, including XRP, amidst mounting institutional interest.

RLUSD stablecoin enhances XRP ecosystem: Georgios Vlachos of Axelar emphasized the RLUSD stablecoin’s integral role in demand for XRP in 2025. With a market cap nearing 138 billion USD, XRP has become a significant player in the cryptocurrency market.

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