Trump Boosts Ripple: XRP Surges Amid 'Trump Effect'

In a recent development that has sent ripples through the cryptocurrency world, United States President Donald J. Trump shared two articles about Ripple on his Truth Social platform, sparking speculation about the potential implications for both Ripple and its native token, XRP. The posts, which appeared to reference a so-called "Trump effect" on the company, came in quick succession and caught the attention of industry observers who have long tracked Ripple's high-profile legal battles and global expansion.

On Truth Social, President Trump posted two separate pieces about Ripple back-to-back: one from CoinDesk (January 6) titled "Ripple’s Garlinghouse Touts ‘Trump Effect’ Amid Bump in US Deals," and another from The Block (January 5) titled "Ripple CEO Says 75% of Open Roles Are Now US-Based Due to ‘Trump Effect.’" In both articles, Ripple CEO Brad Garlinghouse highlighted a notable shift in the company's US fortunes following Trump's reelection in November 2024. According to Garlinghouse, Ripple saw a surge in domestic business deals in late 2024, an amount he claimed surpassed what the company had secured in the previous six months. He attributed this upswing to a changing regulatory environment and renewed optimism due to the Trump administration.

Garlinghouse also disclosed that 75% of the company's new job openings are currently US-based, marking a significant shift from previous years when the bulk of Ripple's clients and hiring focus were overseas due to mounting regulatory pressure at home. Notably, Garlinghouse retweeted a post by @BankXRP on X, which drew attention to President Trump's Truth Social posts.

Despite the sudden spotlight, it remains unclear why Trump chose to share both articles in quick succession. The president is known to celebrate the term "Trump effect" in various contexts, highlighting what he views as the success of his policies across industries. Just two days prior to these Truth Social posts, on February 17, 2025, the White House released a press statement headlined "Trump Effect Shows No Slowdown." The release listed several headlines purportedly reflecting these policies, including potential automaker relocations from Mexico, expansions in steel manufacturing in Ohio, and significant changes in immigration flows along the US border. However, neither the broader crypto industry