有利的法律​​发展和更广泛的监管转变增强了乐观情绪，XRP 飙升至 1 美元以上

XRP 突破 1 美元大关的旅程绝非一帆风顺。加密货币以缓慢的开局开始了当前的牛市。

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 美元大关的旅程绝非一帆风顺。加密货币本轮牛市起步缓慢，在近两周前唐纳德·特朗普赢得美国总统大选后，努力维持在 0.57 美元的水平。尽管比特币在选举后迅速创下历史新高，但 XRP 面临不确定性，导致一些投资者担心它可能会错过更广泛的市场飙升。

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 本周表现出了韧性，周一突破了 0.60 美元的水平。这一势头推动了随后的上涨，使加密货币在 11 月 14 日和 15 日重新夺回了关键的心理里程碑，分别为 0.70 美元、0.80 美元和 0.90 美元。决定性的推动出现在 11 月 16 日，当时 XRP 飙升 14.72%，最终突破 1 美元大关，达到 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 的价格在几天之内飙升至超过 1 美元，这简直是非同寻常。资料来源：Brave New Coin XRP 流动性指数。

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.

这一成就标志着 XRP 的一个关键时刻，使其能够进一步增长至之前的历史高点 3.31 美元。最近的反弹已将 XRP 的市值推高至 590 亿美元，接近 600 亿美元的里程碑，并推动其超越狗狗币 (DOGE)，成为按市值计算的第六大加密货币。

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 最近飙升背后的一个关键驱动因素是围绕 Ripple Labs Inc. 的有利法律发展。在一项重大法律胜利中，法院在与美国证券交易委员会 (SEC) 正在进行的诉讼中发布了一项有利于 Ripple Labs 及其首席执行官 Brad Garlinghouse 的命令）。菲利斯·汉密尔顿法官批准了双方同意的一项动议，以推进最终判决，同时搁置原告提出的集体索赔。这一裁决被视为向前迈出的重要一步，可能标志着 SEC 对 Ripple 对 XRP 分类的挑战的结束。

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.

美国证券交易委员会认为，Ripple 出售 XRP 相当于未注册的证券发行，产生了 13 亿美元的收入。然而，法院决定推进最终判决，同时暂停集体诉讼索赔，这增强了 XRP 持有者的乐观情绪。包括 Ripple 首席技术官 David Schwartz 在内的法律专家认为，尽管仍有可能达成和解，但诉讼最终可能会被驳回。

Is Gary Gensler On the Way Out?

加里·詹斯勒即将退出吗？

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，更广泛的监管环境已经向有利于 XRP 的方向转变。关于 SEC 主席加里·根斯勒 (Gary Gensler) 可能被解雇的猜测以及现任政府推动更清晰的加密货币法规为 XRP 提供了进一步的推动力。共和党议员针对 SEC 的攻击以及前总统特朗普对促进加密货币领域创新的承诺，增强了人们对 XRP 和更广泛的加密货币市场的积极情绪。

Gary Gensler, source: Wikipedia

加里·詹斯勒，来源：维基百科

Can Trump Really ‘Fire’ Gary Gensler?

特朗普真的能“解雇”加里·詹斯勒吗？

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.

美国总统拥有罢免证券交易委员会 (SEC) 主席的法定权力，但这通常仅限于效率低下、玩忽职守或渎职的情况，因为 SEC 是一个独立的监管机构。尽管当选总统特朗普表示他将在第一天解雇加里·詹斯勒，但这样做将与近 90 年的法律先例发生冲突。

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.

虽然总统任命 SEC 主席需经参议院批准，但其免职必须符合既定的法律原则，以避免与该机构的独立性相关的挑战。最高法院的裁决，例如《汉弗莱执行者诉美国》（Humphrey's Executor v. United States，1935），维持了对独立机构任意驱逐的限制。尽管在法律上是可行的，但出于政治原因解雇 SEC 主席可能会引发法律和政治后果。尽管如此，除了总统职位外，特朗普还赢得了美国参议院和众议院的席位，因此没有理由预期特朗普总统会面临任何重大后果，因为他在很大程度上会被普遍罢免。

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.

最近的战略发展也促进了 XRP 的增长。 Ripple Labs 宣布到 2025 年在 XRP Ledger 上部署欧元稳定币，提高跨境支付效率并扩大 XRP 生态系统。这些进步，加上机构兴趣的增加和监管的放松，使 XRP 保持了持续的上涨势头。