Donald Trump, the President of the United States, published an article about the increase in Ripple (XRP) transactions in America on the Social Truth platform, causing a stir in the Ripple community. The article, released by CoinDesk in January, pointed to the growth in transactions and hiring at Ripple following Trump’s victory in the November elections. However, the price of XRP remained unchanged at $2.53 after the post, but its trading volume in the past 24 hours surged by 26% to $5.5 billion. This move by Trump comes as the Department of Government Performance, led by Elon Musk, is pressuring the U.S. Securities and Exchange Commission (SEC). On the other hand, speculations about the approval of a Ripple Exchange-Traded Fund (ETF) have increased after the acceptance of requests by the New York Stock Exchange and Grayscale by the SEC.
