According to BlockBeats, Ripple CEO Brad Garlinghouse said that Ripple’s business in the US market has grown significantly due to optimistic expectations for the Trump administration’s policies.
Garlinghouse mentioned that Ripple signed more U.S. transactions in the last six weeks of 2024 than in the previous six months combined, and concentrated 75% of its new jobs in the United States.
Ripple has donated $5 million worth of XRP to support Trump's upcoming presidential inauguration. Since Trump's election, XRP prices have risen by more than 300%, and the growth in trading volume in the South Korean market has also driven XRP's price fluctuations and overall upward trend.