HighFrequencyWinners

Recent developments in the Cryptocurrency market indicate that Paul Atkins, a pro-Cryptocurrency nominee by Trump, may replace the SEC chairman, potentially bringing a more lenient regulatory environment for the industry, although policy uncertainties still need to be followed. Ripple plans to launch RLUSD stablecoin, which may enhance market liquidity and reliability but faces fierce competition. Grayscale has applied for a Solana spot ETF, which, if approved, will facilitate investor participation and enhance Solana's market position, but regulatory approval still remains uncertain. Overall, these changes bring new opportunities to the market, and investors need to carefully evaluate policies and market reactions.

XRPMarket Cap surpasses Solana! Non-fungible Token sales reach a six-month high, and SEC reignites the encryption regulatory storm. On December 1st, Ripple's XRPMarket Cap reached $122 billion, successfully surpassing Solana and becoming the fourth-largest cryptocurrency. Factors driving this historic surge include the establishment of Ripple's key partnerships, potential approval of XRP ETF, and regulatory progress of its stablecoin RLUSD. Meanwhile, the Non-fungible Token market also experienced a strong recovery in November, with sales reaching $562 million, a rise of 57.8% compared to October, with blue-chip Non-fungible Tokens like CryptoPunks performing particularly well.