FACTORS leading to sudden growth in XRP š.
* XRPās latest price surge coincided with its official listing on Robinhood, one of the largest retail trading platforms.
*45Ā millionĀ XRPĀ tokensĀ wereĀ transferredĀ fromĀ exchangesĀ intoĀ long-termĀ storageĀ inĀ theĀ lastĀ 48Ā hoursĀ byĀ dealers,Ā indicatingĀ hopesĀ forĀ futureĀ profits.
*With Trumpās election victory, the incoming administration is expected to replace SEC Chair Gary Gensler with a more crypto-friendly candidate.
*The reduction in liquid supply can intensify upward price pressure as fewer tokens are available for rapid sales.Ā
