• 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

Donald Trump Reportedly Set to Attend Crypto Summit Next Week

chest

Reports suggest that former President Donald Trump is expected to attend a summit concerning the Trump account next Wednesday, but the lack of confirmation raises doubts about the authenticity of this event.

user avatarRajesh Kumar

Vitalik Buterin Pushes for Decentralized Privacy Tools by 2026

chest

Vitalik Buterin calls for the mass adoption of decentralized privacy tools by 2026, emphasizing self-sovereignty and user-centric communication.

user avatarJesper Sørensen

TSMC Achieves Third Consecutive Record Quarter

chest

TSMC's performance marks the third consecutive quarter of record achievements since Q2 2025, driven by past successes in AI chip demand.

user avatarEmily Carter

TSMC Reports 35% Net Profit Surge

chest

TSMC reported a 35% increase in net profit, driven by record-breaking sales of AI semiconductors.

user avatarLucas Weissmann

Taiwan's Semiconductor Output Reaches Record Levels

chest

Taiwan's semiconductor output, led by TSMC, has reached unprecedented levels in Q4 2025 due to surging AI chip demand from major technology firms.

user avatarFilippo Romano

Technical Analysis Indicates Potential Correction for RIVER

chest

Technical analysis indicates a potential bearish CD leg in RIVER's price movement.

user avatarTomas Novak

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.