Donald Trump shared a CoinDesk article on Truth Social about Ripple’s growing U.S. deals following his election victory. The post sparked excitement in the $XRP community, garnering 6.3K likes and over 260 comments, with many users declaring “XRP to the moon!” and suggesting it could become a U.S. reserve cryptocurrency.
Despite the buzz, XRP’s price held steady at $2.53. However, 24-hour trading volume jumped 26% to $5.5 billion, according to CoinMarketCap. Trump’s post came as Elon Musk’s Department of Government Efficiency (DOGE) increased pressure on the SEC, potentially influencing Ripple’s ongoing legal battle over alleged unregistered securities sales. There’s also growing anticipation of an XRP ETF approval. Last week, the SEC acknowledged a filing from the New York Stock Exchange and Grayscale, fueling optimism in the market.
