Did Donald Trump Endorse Ripple (XRP)? The Crypto Community Reacts

TL;DRTrump’s Potential SupportThe election of Donald Trump as America’s 47th President was considered a huge win for the cryptocurrency community, given his favorable stance on the sector shown during his presidential campaign. The Republican alsomadeseveral promises to let the industry thrive and pledged to make the US the crypto capital of the world.Upon reassuming office on January 20, he took key steps to stick to his word. On January 23, 2025, the politiciansignedan executive order titled “Strengthening American Leadership in Digital Financial Technology,” which supports the growth and use of digital assets and blockchain technology across all sectors of the economy.The order also prohibits federal agencies from “undertaking any action to establish, issue, or promote CBDCs within the jurisdiction of the United States or abroad.”Trump’s presidential victory and the hype surrounding his inauguration were among the main factors fueling the crypto market’s bull run in late 2024 and early 2025, as Ripple’s CEO, Brad Garlinghouse, noted.Last month, the exec said the company had shifted its focus once again toward its homeland – the USA – following the Republican’s triumph.“75% of Ripple’s open roles are now US-based, while over the last 4 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.Several hours ago, Trump shared two articles revealing Ripple’s recent development in America on his social media platform Truth Social.His endorsement sparked major speculation across the XRP community, with some expecting this to catalyze a price explosion for the asset. Others, like XRPcryptowolf, called the market “irrational” because it did not move simultaneously after the interaction.Garlinghouse and TrumpRipple’s CEO and the American president have already broken the ice between each other. In January, they had a dinner meeting at Trump’s Mar-a-Lago estate.A month later, Garlinghouse was rumored to be a top contender for the Republican’s cryptocurrency advisory council.The group’s main role will be to create a comprehensive regulatory framework for the cryptocurrency sector and work closely with Trump and David Sacks (whom the president tapped to serve as cryptocurrency and AI “czar”).