The increase or not will be based on the trend that the market brings. Like Binance in early 2019, the price was only $ 5.5 but when Binance Launchpad was born, they actively used their money to push the token price and then they were trusted by many speculators -> price increase.
Legal registrations in the US only increase their volume again and there is no reason for prices to rise while the market is in a recession.