ADA and XRP are actually considered Japanese projects; I have visited their offices in Tokyo. Aside from market rotation factors, there are two points that are beneficial for them this time:
1. Due to the change in leadership, the lawsuit with the SEC has ended, and there is no longer concern about market manipulation, which has freed them up.
2. The new Japanese administration plans to reduce the crypto asset tax from the highest 55% to 20%, and many Japanese people who have recently invested are willing to sell after the tax rate is lowered.
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