The Truth Behind XRP's Surge: Official Actions and Market Sentiment Drive Prices Skyrocketing

$XRP

Since October 6, the price of XRP has experienced a dramatic rise, soaring from $0.5 to $2.35. Behind this surge, there has been Ripple's continuous enhancement of brand marketing and technological collaboration, as well as the accumulation of positive market sentiment and capital inflow. During the 'consolidation period', XRP has built up market momentum through a series of actions. On October 24, XRP CEO Brad Garlinghouse was interviewed by CNBC, emphasizing the importance of XRP in digital assets, successfully attracting the attention of investors. Subsequently, Ripple released a report stating that by the 2030s, tokenized assets are expected to reach $10 trillion, further boosting market confidence in XRP. After entering November, XRP officially began to surge. On November 2, Ripple released a report mentioning the potential policy changes that could arise from the U.S. elections, further igniting optimistic market expectations. On November 6, Garlinghouse stated that as the SEC's intervention in the crypto market decreases, XRP will welcome a favorable situation, and this statement propelled XRP's price to break through $0.7. Official actions regarding XRP have also been frequent. On November 8, Ripple collaborated with Société Générale to launch an EURCV stablecoin based on the XRP ledger; on the same day, a report was released stating that the stablecoin market is expected to experience explosive growth in the next five years, which brings more application scenarios for XRP. On November 13, Ripple announced the latest developments in tokenized assets and digital finance, further enhancing its appeal to institutional clients. As November progresses, XRP continues to drive the surge. On November 25, Ripple launched its first tokenized money market fund, expecting the tokenized asset market to reach $16 trillion, further solidifying XRP's position in the capital market. Subsequently, Ripple donated $25 million to U.S. crypto-related political activities, further consolidating its influence in the U.S. political sphere. XRP's price broke through $2, market sentiment surged, capital inflow was significant, and investors are full of confidence in its prospects. Although the SEC case may still bring short-term volatility, in the long term, XRP has enormous potential in the fields of stablecoins, tokenized assets, and cross-border payments, and is expected to become a core infrastructure of digital finance in the future. As the policy environment gradually becomes clearer, the growth prospects for XRP are promising.

In the early morning, the hourly line of the big cake will be pulled, and there will be a short rebound. There is still a need for a callback in the big cycle. The bulls are powerless, so it is suitable to short at highs.
--
Short it, today is the air force😤
$BTC

$neiro, this year's big bull,
with shib and pepe in the same strong fund, a typical strong coin,
whether it's spot or low-multiple contracts, it's a high-quality coin for mid to long-term holding. This order is prepared to hold long, aiming for 0.005😋