Michael Gayed, a prominent portfolio manager, has described XRP as a "Diamond in the Rough," emphasizing its potential despite ongoing challenges such as the SEC lawsuit and volatile price movements. Gayed's remarks coincide with significant activity in XRP ETFs, which have attracted $954 million in net inflows, including a recent addition of $10.2 million. The European Union's Markets in Crypto-Assets Regulation continues to influence investor sentiment towards XRP. Additionally, XRP's role in Countering the Financing of Terrorism remains a significant topic in global financial discussions, further highlighting its importance in the cryptocurrency landscape.