XRP Is Going Crazy After Apparent Trump Endorsement
February 20, 2025 at 3:18 PMby The Block Whisperer
+11
+0
Trump is unexpectedly promoting XRP, fueling speculation of U.S. support. Ripple’s hiring boom and ETF rumors suggest a major shift, while SEC pressure lingers.
The seemingly impossible just happened – the President of the United States is apparently shilling XRP.
The former crypto critic dropped two Ripple articles on Truth Social, and this time, he's actually got the receipts to back it up.
Nobody expected the king of "crypto is a scam" to flip this hard… and into Ripple, no less.
Brad Garlinghouse is grinning like he just won the SEC case again.
Ripple's U.S. deals exploded in the last six weeks of 2024, and they're hiring more Americans than Silicon Valley during the early 2010s.
The company just signed more domestic deals in six weeks than the previous six months combined.
Something is obviously cooking behind the scenes for the American-made tech, and the recent change of sentiment from Washington is likely the driving force behind the action.
XRP is currently sitting around $2.56, having not moved all that much in the grand scheme of things
However, its volume metrics tell a completely different story – they’re up 26% to $5.5 billion in just over a day.
That’s some serious increase in volume that suggests the smart money is moving faster than Trump's social media posts hit the wire.
Even the 3.65% price drop feels like a calm before the storm with this kind of inflow.
But to balance things out, the SEC is still throwing legal papers around like confetti – not that Ripple has all that much to worry about.
And the agency now has Musk's D.O.G.E. breathing down their neck, keeping them in at least some kind of check.
Even the regulators are starting to opine on what this could all mean for Ripple – if crypto is now okay, and American-made crypto is the gold tier in Trump’s eyes, then it would stand to reason that Ripple has a lot of fanfare left in the tank.
NYSE and Grayscale are knocking on the door of the SEC, calling for an XRP ETF harder than Bitcoin maxis rail against fiat currency.
And for once, the SEC is actually answering that door – the whole game changes if XRP gets that ETF green light.
It’s been a long time since Trump called crypto a scam, and now he’s become Ripple's biggest cheerleader on Truth Social almost overnight.
The crypto community no doubt has whiplash from this reversal – but it’s one that at least sees the most powerful office on Earth on the side of our industry, for once.
Ripple did a lot of good for Web3 by winning its court battles, but now it seems they’re intent on winning the war.
75% of their new jobs are in the U.S. – that's how you play politics, and Garlinghouse is intent on turning Ripple into America's favorite crypto company.
With Trump giving XRP the ultimate endorsement, Ripple may just be turning more American than apple pie… or income tax.
Explore more articles like this
Subscribe to Asvoria News to receive all the latest news.
Stay ahead with exclusive press releases and expert insights on Web3 and the Spatial Web. Be the first to hear about Asvoria’s latest innovations, events, and updates. Join us — subscribe today!
Editor’s choice
© 2025 Asvoria. All rights reserved.
Avoria does not endorse or promote investment in any of the tokens or NFT projects featured on this platform.
We accept no responsibility for any losses incurred. Users should conduct their own research and consult with a financial advisor before investing.
For more information about Doing Your Own Research (DYOR), please visit this link.