According to Foresight News, data from CoinMarketCap indicates that TRX has surged past $0.18, currently trading at $0.1829. This marks an 8.81% increase over the past 24 hours, reaching its highest level since January 2018.
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Nate Geraci, president of The ETF Store, recently indicated that several new spot cryptocurrency ETF applications are expected to be filed this week, potentially including assets like XRP, Solana (SOL), and Cardano (ADA). This development suggests that issuers, anticipating the outcome of the U.S. presidential election, are now moving forward with these filings.
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This development highlights the ongoing competition between the two major political parties in the United States as they vie for control of the legislative branch. The Republican Party's gain underscores their efforts to strengthen their position in the House, while the Democratic Party continues to work towards increasing their seat count to regain or maintain influence.
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