Trump’s Return as US President Fuels Ripple’s US Deals: XRP Price in Focus

• US President Donald Trump shared a report from CoinDesk about XRP and Ripple via Truth social.
• The report talked about Ripple seeing a surge in local deals following Trump’s election. 
• In the last six weeks of 2024, Ripple made more deals than in the previous six months.

United States President Donald Trump shared a news report from leading crypto outlet CoinDesk, detailing how Ripple Labs revived local business deals and hiring initiatives after he returned to the White House on January 20. Through this, XRP earned extra street cred by being linked with President Trump, a tag that gave its price action a boost. 

Trump posted the report on his official Truth Social account, showing how Ripple Labs benefited from the Trump effect. The January report also revealed how Ripple CEO Brad Garlinghouse and his team struggled under the Biden administration.

XRP Price Trends and Analysis

In the final six weeks of 2024, after the US elections in November, Ripple secured more US deals than in the preceding six months, which was a clear turnaround. The company committed $5 million in XRP to support…

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