The market's reaction to the Garlinghouse-Trump rumors highlights the sensitivity of XRP's price to potential regulatory or political developments. The substantial increase underscores the community's anticipation of any news that could positively impact XRP's regulatory standing.
Chris Larsen's upcoming meeting with the SEC has ignited discussions within the XRP community about potential outcomes. Investors are hopeful that this meeting could lead to positive developments in the ongoing legal and regulatory discussions surrounding XRP.
The anticipation surrounding Larsen's meeting has created a sense of heightened market volatility. Any positive news from the meeting could trigger a significant price surge, while unfavorable developments could lead to a sharp decline.