Trump’s Post Sparked Excitement Among XRP Investors

U.S. President Donald Trump shared an article about Ripple on Truth Social. Although the post aimed to highlight positive developments in the business world during Trump’s presidency, it sparked significant excitement among XRP investors.

The article, published by CoinDesk in January, featured comments from Ripple CEO Brad Garlinghouse. Garlinghouse stated that following Trump’s election victory, business deals in the U.S. had increased, hiring had accelerated, and XRP had gained value.

Trump’s post received thousands of likes and retweets, with most comments coming from XRP investors, who shared their excitement.

Trump’s Post Didn’t Affect Ripple Price, DOGE SEC Investigation Developments

Following Trump’s post, no significant change was observed in Ripple’s price. The third-largest cryptocurrency by market cap continues to trade above $2.56.

Meanwhile, another development that could directly affect XRP has emerged. The DOGE organization, led by Elon Musk, initiated a lawsuit against Ripple and began investigating the Securities and Exchange Commission (SEC). DOGE requested that findings related to corruption and misconduct at the SEC be shared with them. This investigation is believed to potentially yield positive results for Ripple.

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The post Donald Trump Shared About XRP, Price Triggered! appeared first on Coin Engineer.

Hoskinson stated, “Now is the time to act,” and mentioned that he plans to have active discussions with industry leaders and lawmakers. Following the election victory on November 6, the expectation has grown that Trump will present a clear roadmap for the crypto industry.

This development coincides with criticisms of US regulators by prominent figures such as Ripple CEO Brad Garlinghouse. Garlinghouse argues in his legal case with the SEC that current regulations are holding the US back in global crypto innovation.

Hoskinson, on the other hand, believes that crypto policies should be shaped by the American people and the American crypto industry. With his close relationships with the Trump administration, he aims to be influential in the policy-making process of the new administration in 2025.

Hoskinson’s initiative is seen as an important step for clear regulations that will provide confidence in the crypto sector and contribute to the growth of the sector.

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The post Charles Hoskinson Wants to Support US Crypto Policies! appeared first on Coin Engineer.

Although Ripple CEO Brad Garlinghouse refused to say whether the company was in ongoing settlement negotiations with the SEC in a recent Bloomberg interview, the executive indicated he anticipates the resolution of unresolved legal concerns “very soon.”

Writing on X, “While our case as a whole isn’t fully over (remedies still to be decided),” Ripple chief legal officer Stuart Alderoty recently noted the one-year anniversary of Judge Analisa Torres’s mixed ruling on the years-long dispute, saying, “even the SEC told the Court it will not challenge that conclusion.”

According to blockchain analytics platform Santiment, user activity on Ripple’s XRP Ledger has lately surged, with active addresses and fresh address generation on Thursday reaching their highest single-day level since March.

The agency’s website states that although some crypto traders conjectured that a closed-door SEC meeting scheduled for last week may result in a settlement announcement, the meeting has been postponed to next Thursday, July 25. “Institution and settlement of administrative proceedings, resolution of litigation claims, and other matters relating to examinations and enforcement proceedings,” the closed meeting’s agenda notes.

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The post Ripple’s Legal Battle with SEC Nearing End? appeared first on Coin Engineer.