According to Deep Tide Techflow news, on January 6, Ripple CEO Brad Garlinghouse stated that Trump's leading position in the U.S. presidential election polls has driven the company's business development in the U.S. He pointed out that some American companies are beginning to reconsider cooperating with Ripple due to expectations that the Trump administration may adopt a more favorable policy stance towards cryptocurrencies. In addition, he revealed that Ripple is currently in negotiations with several U.S. financial institutions, including several large banks.
It is reported that Ripple has donated $5 million worth of XRP to support Trump's upcoming presidential inauguration. Since Trump's election, the price of XRP has increased by more than 300%, and the growth of trading volume in the South Korean market has also driven the price fluctuations of XRP and its overall upward trend.