**Summary**
– Donald Trump’s endorsement of Ripple on Truth Social, where he highlighted the company’s expansion in the US, has ignited speculation within the XRP community about a possible price increase.
– A meeting between Ripple CEO Brad Garlinghouse and Trump at Mar-a-Lago, along with a potential role for Garlinghouse in Trump’s crypto advisory council, underscores the administration’s deepening involvement with digital assets.
**Trump’s Potential Support**
Donald Trump’s election as the 47th President of the United States was a significant gain for the cryptocurrency sector, given his supportive stance during his campaign. He promised to allow the industry to flourish and aimed to establish the US as the crypto capital of the world. After taking office on January 20, he acted on these promises. On January 23, 2025, he signed an executive order titled “Strengthening American Leadership in Digital Financial Technology,” promoting the use of digital assets and blockchain technology across various sectors. This order also prohibited federal agencies from promoting CBDCs within or outside the US.
Trump’s presidency and the excitement surrounding his inauguration were key factors driving the crypto market’s bull run in late 2024 and early 2025, as noted by Ripple’s CEO, Brad Garlinghouse. Recently, Garlinghouse mentioned that Ripple has refocused on the US following Trump’s victory. “75% of Ripple’s open roles are now US-based, while over the last four years, the vast majority of hires were outside the US. We signed more US deals in the last six weeks of 2024 (since the election) than the previous six months,” Garlinghouse stated.
A few hours ago, Trump shared two articles about Ripple’s latest developments in America on Truth Social, sparking significant speculation within the XRP community. Some expect this to trigger a price surge for the asset, while others describe the market as “irrational” for not responding immediately after the interaction.
**Garlinghouse and Trump**
Ripple’s CEO and the president have already established a connection. They met for dinner in January at Trump’s Mar-a-Lago estate. A month later, Garlinghouse was rumored to be a leading candidate for Trump’s cryptocurrency advisory council. This group’s primary function will be to develop a comprehensive regulatory framework for the cryptocurrency sector and collaborate closely with Trump and David Sacks, who was appointed as the cryptocurrency and AI “czar.”
On Twitter: Ripple’s interactions with Trump are causing a buzz. What could this mean for XRP’s future? 📈 #Ripple #XRP #Trump #CryptoCommunity
