The election of President-Elect Trump is seen as a potential boost for XRP, particularly due to his promise to replace SEC Chairman Gary Gensler, who has aggressively targeted the cryptocurrency. While XRP's regulatory outlook may improve, concerns remain about its actual utility within RippleNet, as banks can use the network without needing to hold XRP. Despite the hype surrounding XRP, it may be overvalued compared to more stable investments like Bitcoin.
