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I really wonder who benefits from this. Trump only does things that are good for him, or those close to him. I realize he's been making connections to the crypto world, and has his own meme coins. Does pardoning Ross somehow make crypto more valuable?
It’s also just good politics. There are a vocal group of voters that are in favor of this, so it gets those people on his side. And no reason not to (politically), as most people just don’t care about this topic, or if they do and disagree with the decision, this isn’t going to be the action that moves the needle for them on how they feel about Trump or the Republican Party.
Partisan caricature is not a reliable starting point for logical inference or deduction. To answer your question - on the campaign trail he attended a convention of libertarian organizers and promised them that if he won he would free Ross, and has followed through on that promise today.
A video from Reason magazine a few days ago[0] mentioned a deal between the Libertarian Party leadership and Trump in which they selectively didn't run their candidate in several states in order to help Trump. If this is true, Trump could have reneged, but evidently decided whatever political blowback for pardoning Ulbricht (which is probably small potatoes at this rate) wasn't worth the credibility cost.

[0]: https://www.youtube.com/watch?v=yhDKYYdD2vY

Trump made the deal at the Libertarian National Convention to garner their support.
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