Many XRP supporters believe that Donald Trump's presidency could benefit the cryptocurrency. A crypto analyst outlined factors that could drive XRP's recovery, including the possible dropping of charges against Ripple by the next SEC chair, Paul Atkins. XRP is also seen as a potential frontrunner for the US Strategic Crypto Reserve, which is expected to include more "Made in the US" cryptocurrencies. Additionally, several fund management companies have filed for XRP ETFs, which could attract institutional investors. Over 40 XRP ETF applications are currently awaiting approval by the SEC, and analysts predict a boost in demand for XRP tokens. On-chain data shows that institutions and whales are depositing significant funds into XRP, indicating a positive outlook for the cryptocurrency.



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