The XRP community was thrown into a state of excitement earlier today after an update from Donald Trump was interpreted as being indirect support for Ripple and XRP.
Ripple Labs is currently experiencing a surge in U.S.-based business deals and hiring as the company capitalizes on policy expectations under the administration of President Donald Trump.
Before his official inauguration on January 20, 2025, the firm’s CEO, Brad Garlinghouse, disclosed that Ripple has signed more domestic deals in the final six weeks of 2024 than in the previous six months, attributing this growth to the so-called “Trump effect.”
According to Garlinghouse, Ripple has also shifted its hiring strategy, with 75% of its open roles now in the United States. This marks a significant turnaround from the previous four years when most of its hiring was focused overseas.
The shift comes amid optimism that the regulatory climate for cryptocurrency firms will improve under Trump’s leadership.
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Trump’s Truth Social Post Boosts XRP Market Confidence
The XRP community reacted strongly after President Trump seemingly expressed his pro-crypto stance through multiple Truth Social posts about Ripple Labs. Trump shared a link to a post that highlighted Ripple’s growth since the beginning of his administration and the need for fair regulatory treatment of crypto companies in the U.S.
His post was widely interpreted as a signal of support for Ripple and XRP, which reinforced confidence in the market.
Good Morning Crypto, a known account on X, further speculated that more Ripple and XRP deals could be imminent in the United States. The posts fueled speculation that the Trump administration may actively support Ripple’s operations by fostering a more favorable regulatory environment.
Ripple’s U.S. market recovery was further amplified by social media remarks from CEO Brad Garlinghouse, emphasizing the shift in Ripple’s business trajectory. In his widely viewed posts, Garlinghouse referred to the “Trump effect,” crediting the administration’s stance for the increase in U.S.-based partnerships in recent weeks.
He also acknowledged that key figures such as Scott Bessent, David Sacks, and Paul Atkins played a role in fostering an environment conducive to crypto innovation even before Trump’s formal inauguration.
XRP Trading Surges in South Korea as Investors React to Market Shifts
According to market analysts, the price movement of XRP has been driven mainly by traders who operate from South Korea. Last week, the South Korea-focused Upbit exchange reported $1.3 billion worth of XRP trading volumes. The XRP market demonstrated an upward price trajectory when South Korean trading volume reached high levels.
Meanwhile, the anticipated regulatory shifts in the U.S. are expected to increase business prospects in the industry. According to Garlinghouse, the Trump administration has established conditions that support the expansion and development of U.S.-based cryptocurrency enterprises.
Ripple’s improved position in the U.S. market and rising trader faith indicate a new stage of corporate growth for the company. The cryptocurrency industry remains focused on Trump’s upcoming actions because his new administration policies will shape future market trends and regulatory measures in the coming months.
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