Recently, Ripple's native token $XRP has experienced a significant surge, reaching a new high not seen since 2019, with a market capitalization of $157.516 billion, successfully rising to the third position in the cryptocurrency market cap ranking, surpassing SOL.
The co-founder of SOL also publicly stated on social media: "We need a national XRP reserve," indicating his supportive attitude towards XRP.
However, the rise of $XRP is not without challenges.
Previously, XRP faced potential funding transfer-related charges from the U.S. government regarding its unique node list (UNL), which led to considerable regulatory pressure.
But with Trump about to take office, the regulatory environment faced by XRP may ease, potentially ushering in greater development space in the future.