• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple and Trump: The Potential for XRP Growth

user avatar

by Giorgi Kostiuk

a year ago

With Donald Trump's election to a new presidential term, the cryptocurrency XRP has a chance for significant growth due to new tax freedom initiatives for US-based cryptocurrencies.

Axis of American Crypto Companies

President Trump plans to eliminate taxes on profits from cryptocurrencies issued by American companies. In light of this news, Coinbase's stock has risen nearly 50%. Companies like Hedera Hashgraph, Cardano, Algorand, and Ripple are also expected to benefit significantly.

President Trump wants to eliminate all capital gains taxes on cryptocurrencies issued by U.S. companies.

Support from SBI Holdings

SBI Holdings, one of Japan's largest financial companies, owns 8% of Ripple Labs and actively supports XRP for cross-border transactions. Their stake is valued at 1.6 trillion yen, surpassing the market value of the company itself.

MicroStrategy Strategy for SBI

SBI plans to follow MicroStrategy's example by actively acquiring XRP. This could involve issuing bonds or increasing shares to fund purchases, similar to MicroStrategy's practices with Bitcoin.

SBI Holdings could adopt the MicroStrategy model and start buying XRP.

Trump's plans and the actions of big companies like SBI Holdings could provide a strong impetus for XRP growth, potentially attracting significant institutional investment in Ripple and strengthening the company's position.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SEC Dismisses Charges Against Gemini Trust Company

chest

The SEC has dismissed its case against Gemini Trust Company related to the Gemini Earn lending program.

user avatarZainab Kamara

HYPE Coin Surges Amidst Market Struggles

chest

HYPE Coin has emerged as a standout performer in the cryptocurrency market, adapting effectively to decentralized finance trends, with a notable price increase driven by strategic innovations.

user avatarKofi Adjeman

KuCoin's Partnership Strategy Emphasizes Long-term Credibility

chest

KuCoin's partnership with Tadej Pogaar highlights its strategy to collaborate with credible organizations, enhancing crypto's mainstream acceptance.

user avatarSon Min-ho

Market Conditions Impact Dogecoin's Trading Performance

chest

Broader cryptocurrency market volatility and regulatory scrutiny have significantly impacted Dogecoin's trading performance.

user avatarTando Nkube

KuCoin Announces Strategic Partnership with Cyclist Tadej Pogaar

chest

KuCoin has announced a strategic partnership with cyclist Tadej Pogaar, focusing on trust and performance in the intersection of cryptocurrency and elite sports.

user avatarAyman Ben Youssef

Dogecoin Shows Signs of Recovery After Long Losing Streak

chest

Dogecoin shows signs of recovery as it trades 351% higher in January 2026 after a significant decline.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.