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 favorable for them this time:
1. Due to the change of leadership, the lawsuit with the SEC has ended, and there are no longer concerns about market manipulation, which is quite liberating.
2. The new Japanese administration plans to reduce the cryptocurrency asset tax from a maximum of 55% to 20%. Many Japanese people who have recently invested are willing to sell after the tax rate is lowered.