Donald Trump Promotes XRP Article on Truth Social, Boosting Community Excitement
U.S. President Donald Trump shared an article related to XRP on Truth Social, generating interest in the XRP community.
- The CoinDesk article highlighted Ripple CEO Brad Garlinghouse's increased U.S. deals and hiring following Trump's election.
- Trump's post received 6.3K likes and 268 replies, with discussions on XRP as a potential U.S. crypto reserve currency.
- The price of XRP remained stable at $2.53, but trading volume rose by 26% to $5.5 billion.
- The Department of Government Efficiency (DOGE), led by Elon Musk, is targeting the SEC, which may positively impact Ripple amid ongoing regulatory issues.
- An XRP exchange-traded fund (ETF) approval is anticipated this year after the SEC acknowledged a filing by the NYSE and Grayscale.