Analysis: U.S. election has caused RippleCEO and a16z joint venture to rise in value
According to online reports, according to CoinDesk, some analysts pointed out that XRP rose from US$0.5 to US$2.32 after the U.S. election, which may make Ripple CEO Brad Garlinghouse gain huge benefits. According to CoinMarketCap data, XRP has risen 54.7% in the past 30 days, ranking third in market value. Garlinghouse pointed out: "Since Trump won the election, the market value of cryptocurrencies has increased by more than $1 trillion." During the election, Ripple donated $73 million, while a16z invested $70 million, including the amount reserved for the next round of elections in 2026.
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