有利的法律​​發展和更廣泛的監管轉變增強了樂觀情緒，XRP 飆升至 1 美元以上

XRP 突破 1 美元大關的旅程絕非一帆風順。加密貨幣以緩慢的開局開始了當前的牛市。

XRP's journey to surpassing the $1 mark has been anything but straightforward. The cryptocurrency began the current bull run with a slow start, struggling to maintain the $0.57 level following Donald Trump's victory in the U.S. presidential election nearly two weeks ago. While Bitcoin swiftly reached new all-time highs in the wake of the election, XRP faced uncertainty, causing some investors to fear it might miss out on the broader market surge.

XRP 突破 1 美元大關的旅程絕非一帆風順。加密貨幣本輪多頭市場起步緩慢，在近兩週前唐納德·川普贏得美國總統大選後，努力維持在 0.57 美元的水平。儘管比特幣在選舉後迅速創下歷史新高，但 XRP 面臨不確定性，導致一些投資者擔心它可能會錯過更廣泛的市場飆升。

However, XRP demonstrated resilience this week by breaking above the $0.60 level on Monday. This momentum fueled subsequent gains, allowing the cryptocurrency to reclaim critical psychological milestones at $0.70, $0.80, and $0.90 on November 14 and 15. The decisive push came on November 16, when XRP spiked by 14.72%, finally crossing the $1 mark and reaching $1.19.

然而，XRP 本週表現出了韌性，週一突破了 0.60 美元的水平。這一勢頭推動了隨後的上漲，使加密貨幣在11 月14 日和15 日重新奪回了關鍵的心理里程碑，分別為0.70 美元、0.80 美元和0.90 美元。 XRP 飆升14.72%，最終突破1 美元大關，達到1.19 美元。

XRP's price surge to over a dollar in a matter of days has been nothing short of extraordinary. Source: Brave New Coin XRP Liquid Index.

XRP 的價格在幾天之內飆升至超過 1 美元，這簡直是非同尋常。資料來源：Brave New Coin XRP 流動性指數。

This achievement marks a pivotal moment for XRP, positioning it for further growth toward its previous all-time high of $3.31. The recent rally has boosted XRP's market capitalization to $59 billion, nearing the $60 billion milestone, and has propelled it past Dogecoin (DOGE) to become the sixth-largest cryptocurrency by market cap.

這項成就標誌著 XRP 的關鍵時刻，使其能夠進一步成長至先前的歷史高點 3.31 美元。最近的反彈已將 XRP 的市值推高至 590 億美元，接近 600 億美元的里程碑，並推動其超越狗狗幣 (DOGE)，成為按市值計算的第六大加密貨幣。

A critical driver behind XRP's recent surge is the favorable legal developments surrounding Ripple Labs Inc. In a significant legal victory, the court issued an order favoring Ripple Labs and its CEO, Brad Garlinghouse, in the ongoing lawsuit with the Securities and Exchange Commission (SEC). Judge Phyllis Hamilton granted a motion agreed upon by both parties to move forward with a final judgment while placing a hold on the class claims brought by the plaintiffs. This ruling is seen as a major step forward, potentially signaling the end of the SEC's challenge against Ripple's classification of XRP.

XRP 最近飆升背後的一個關鍵驅動因素是圍繞Ripple Labs Inc. 的有利法律發展。 Labs 及其執行長Brad Garlinghouse 的命令）。法官菲利斯·漢密爾頓批准了雙方同意的一項動議，以推進最終判決，同時擱置原告提出的集體索賠。這項裁決被視為向前邁出的重要一步，可能標誌著 SEC 對 Ripple 對 XRP 分類的挑戰的結束。

The SEC had argued that Ripple's sale of XRP amounted to an unregistered securities offering, generating $1.3 billion in revenue. However, the court's decision to advance towards a final judgment while pausing class action claims has bolstered optimism among XRP holders. Legal experts, including Ripple's CTO David Schwartz, believe that the lawsuit may ultimately be dismissed, though a settlement remains a possibility.

美國證券交易委員會認為，Ripple 出售 XRP 相當於未註冊的證券發行，產生了 13 億美元的收入。然而，法院決定推進最終判決，同時暫停集體訴訟索賠，這增強了 XRP 持有者的樂觀情緒。包括 Ripple 首席技術長 David Schwartz 在內的法律專家認為，儘管仍有可能達成和解，但訴訟最終可能會被駁回。

Is Gary Gensler On the Way Out?

加里·詹斯勒即將退出嗎？

Additionally, the broader regulatory landscape has shifted in XRP's favor. Speculation about the potential dismissal of SEC Chair Gary Gensler and the push for clearer cryptocurrency regulations under the current administration provide further tailwinds for XRP. Republican lawmakers targeting the SEC and former President Trump's commitment to fostering innovation in the crypto space have reinforced positive sentiment towards XRP and the broader cryptocurrency market.

此外，更廣泛的監管環境已經朝著有利於 XRP 的方向轉變。關於 SEC 主席加里·根斯勒 (Gary Gensler) 可能被解僱的猜測以及現任政府推動更清晰的加密貨幣法規為 XRP 提供了進一步的推動力。共和黨議員針對 SEC 的攻擊以及前總統川普對促進加密貨幣領域創新的承諾，增強了人們對 XRP 和更廣泛的加密貨幣市場的積極情緒。

Gary Gensler, source: Wikipedia

加里‧詹斯勒，資料來源：維基百科

Can Trump Really ‘Fire’ Gary Gensler?

川普真的能「解僱」加里·詹斯勒嗎？

The President of the United States has the legal authority to remove the head of the Securities and Exchange Commission (SEC), but this is typically limited to cases of inefficiency, neglect of duty, or malfeasance, as the SEC is an independent regulatory agency. Although president elect Trump has said he will fire Gary Gensler on day one, to do so would clash with nearly 90 years of legal precedent.

美國總統擁有罷免證券交易委員會 (SEC) 主席的法定權力，但這通常僅限於效率低下、疏忽或瀆職的情況，因為 SEC 是一個獨立的監管機構。儘管當選總統川普表示他將在第一天解僱加里詹斯勒，但這樣做將與近 90 年的法律先例發生衝突。

While the President appoints the SEC Chair with Senate confirmation, their removal must align with established legal principles to avoid challenges tied to the agency's independence. Supreme Court rulings, such as Humphrey's Executor v. United States (1935), have upheld limits on arbitrary removals from independent agencies. Although legally possible, firing the SEC Chair for political reasons could provoke legal and political consequences. Nonetheless, having won the US Senate and the House of Representatives in addition to the presidency, there is no reason to expect any major consequences for President Trump for what would, for the most part, be a popular dismissal.

雖然總統任命 SEC 主席需經參議院批准，但其免職必須符合既定的法律原則，以避免與該機構的獨立性相關的挑戰。最高法院的裁決，例如《漢弗萊執行者訴美國》（Humphrey's Executor v. United States，1935），維持了對獨立機構任意驅逐的限制。儘管在法律上是可行的，但出於政治原因解僱 SEC 主席可能會引發法律和政治後果。儘管如此，除了總統職位外，川普還贏得了美國參議院和眾議院的席位，因此沒有理由預期川普總統會面臨任何重大後果，因為他在很大程度上會被普遍罷免。

Recent strategic developments have also contributed to XRP's growth. Ripple Labs announced the deployment of a EUR stablecoin on the XRP Ledger by 2025, enhancing cross-border payment efficiency and expanding XRP's ecosystem. These advancements, coupled with increased institutional interest and regulatory relief, position XRP for sustained upward momentum.

最近的策略發展也促進了 XRP 的成長。 Ripple Labs 宣佈到 2025 年在 XRP Ledger 上部署歐元穩定幣，提高跨境支付效率並擴大 XRP 生態系統。這些進步，加上機構興趣的增加和監管的放鬆，使 XRP 保持了持續的上漲勢頭。