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Ripple Invests in U.S. Jobs Amid Gensler’s Departure, Hints at “Trump Bull Market” in 2025 – Bitcoinsensus
- Ripple Labs enters 2025 confidently, with CEO Brad Garlinghouse hinting at a “Trump bull market” for XRP
- Garlinghouse claims key Trump administration members are already driving innovation and job growth in America
- XRP has surged by 366.9% since the November 5th election, becoming the third-largest cryptocurrency
After arguably the most positive year in its history, Ripple Labs enters a confident 2025, according to its CEO. In a recent Twitter post, Brad Garlinghouse shared a positive outlook for the future of the company, hinting at the “Trump bull market”, indicating that XRP and other cryptocurrencies may continue to rise under the Republican leadership in the U.S. government.
In the post, Garlinghouse claimed that even though the Trump administration team is not in office yet, members like Scott Bessent, David Sacks, and Paul Atkins are already driving innovation and job growth in America.
“Say what you want, but the ‘Trump effect’ is already making crypto great again,” an enthusiastic Garlinghouse wrote on X. “Through his campaign, and in the Administration’s day 1 priorities.”
Ripple Labs’ XRP token has arguably benefited the most from the ‘Trump effect’ in the crypto market. Since the election on November 5th, XRP has surged by 366.9%. This tremendous gain in popularity and market cap growth has made XRP the third-largest cryptocurrency.
Garlinghouse Celebrates Gensler Departure: “It’s Personal”
In the same post, the Ripple Labs CEO weighed in on the departure of Gary Gensler as the Securities and Exchange Commission Chair—scheduled for January 20th.
Garlinghouse claims that Gesnler’s long-running feud with the crypto firm hindered Ripple’s ability to incentivize growth in the United States.
“Gensler’s SEC effectively froze our business opportunities here at home for years,” He wrote. “The optimism [regarding Gesnler’s departure] is obvious and very deserved.”
He also wrote about how nowadays 75% of job openings at Ripple Labs are U.S.-based, a drastic change from the previous years. Also, Garlinghouse claims that Ripple has done more deals in America than the previous six months combined.
The long-running dispute between the SEC and Ripple, regarding the categorization of XRP as a security or not, has led the currency to become very volatile and risky to hold over the course of the past few years.
Despite Ripple Labs’ innovative utility project, holding XRP from 2020 to 2023 was risky due to potential SEC lawsuit updates. Perhaps for this reason, the currency was trading “undervalued” throughout all these years and is now going back to form without so much negative pressure coming from Gensler’s SEC.
The currency recently regained the $2.45 level. As an interesting read regarding that topic, check out our latest XRP price prediction.
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