Donald Trump Promotes XRP Article on Truth Social, Boosting Community Excitement

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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.