XRP Community Electrified as President Donald Trump Shares Articles About Ripple Labs on Truth Social

XRP enthusiasts were electrified when President Donald Trump shared two articles about Ripple Labs on Truth Social. This unexpected endorsement has sent ripples through the market

President Donald Trump shared two articles about Ripple Labs on Truth Social. This unexpected endorsement has sent ripples through the market, particularly among XRP supporters.

The first article highlighted comments from Ripple CEO Brad Garlinghouse, made shortly before Trump’s inauguration. Garlinghouse emphasized a significant shift in the crypto landscape following Trump’s re-election in November 2024. He noted that under the previous SEC administration, led by Gary Gensler, Ripple’s U.S. operations were stifled, with business opportunities frozen for years.

However, in the six weeks leading up to the inauguration, Ripple secured more U.S.-based deals than in the previous six months combined. This surge in domestic partnerships prompted Ripple to focus its hiring efforts within the United States, with 75% of open positions now allocated to U.S. residents. Before the election, the majority of Ripple’s recruitment targeted international markets due to a lack of domestic clients.

XRP Community Reacts

Trump’s posts ignited a wave of optimism among crypto enthusiasts, especially within the XRP community. Many interpreted the President’s interest as a potential sign of forthcoming political and regulatory support for Ripple and its native token, XRP. Some speculated that the Trump administration might resolve the longstanding legal battle between the SEC and Ripple.

The SEC’s lawsuit, initiated under Gensler’s leadership, accused Ripple of offering and selling XRP as an unregistered security. In a pivotal ruling, U.S. District Judge Analisa Torres determined that Ripple’s retail sales of XRP did not violate securities laws, though institutional sales were deemed securities transactions. Dissatisfied with the partial outcome, the SEC filed an appeal, seeking a comprehensive victory.

Speculation suggests that under the new administration, the SEC might withdraw its appeal and pursue a settlement with Ripple. This theory gained traction after the SEC and Binance agreed to pause their legal proceedings, hinting at a possible shift in regulatory approach. Observers anticipate similar actions in other crypto-related cases, with Trump’s public acknowledgment of Ripple fueling these expectations.

Since Trump’s election victory, XRP has experienced a remarkable surge. The token’s value has increased by approximately 400%, climbing from $0.51 to $2.43, and solidifying its position as the third-largest cryptocurrency by market capitalization, trailing only Bitcoin and Ethereum. This growth is largely attributed to investor optimism surrounding potential regulatory easing under the Trump administration. The appointment of Paul Atkins, known for his anti-regulation stance, as the new SEC head has further bolstered confidence that the case against Ripple may be dismissed, providing a significant boon to XRP.

Additionally, Ripple received regulatory approval from the New York Department of Financial Services (NYDFS) for its stablecoin, RLUSD, pegged to the U.S. dollar. This development is expected to enhance the utility of Ripple’s digital payment platform, potentially driving further demand for XRP.

While President Trump’s posts have undoubtedly sparked enthusiasm, it’s important to approach the situation with caution. The posts may simply reflect news highlights rather than concrete policy intentions. The crypto community remains hopeful that the new administration will foster a more favorable regulatory environment, but only time will reveal the true impact of these developments on Ripple and the broader cryptocurrency market.