• 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

Poland's Parliament Fails to Override Presidential Veto on Crypto Legislation

chest

Poland's Parliament failed to override President Karol Narcowski's veto on cryptocurrency legislation, deepening tensions between the legislative branch and the presidency.

user avatarKaterina Papadopoulou

Bitcoin Shows Divergence Between Institutional and Retail Investors

chest

A recent analysis by XWIN Research Japan highlights a significant divergence in Bitcoin investment behavior between institutional players and retail investors, suggesting potential for price growth.

user avatarMaya Lundqvist

Geopolitical Tensions Impacting Crypto Market Amid US-Iran Conflict

chest

The ongoing US-Iran conflict has led to instability in the geopolitical landscape, affecting global financial markets and the cryptocurrency market.

user avatarLeo van der Veen

Surge in Online Investment Fraud in Hong Kong

chest

Surge in online investment fraud cases in Hong Kong, with over 80 reported in a week and losses exceeding HK80 million.

user avatarAisha Farooq

Hong Kong Woman Loses Nearly HK77 Million in Crypto Investment Scam

chest

A woman in Hong Kong lost nearly HK77 million in a crypto investment scam after being promised guaranteed returns by a fraudulent platform.

user avatarLi Weicheng

XRP Derivatives Market Signals Persistent Bearish Sentiment

chest

The XRP derivatives market has shown a consistent negative funding rate since the start of 2026, indicating a strong bias towards short positions among traders.

user avatarTenzin Dorje

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.