Donald Trump's 2025 Tax Plan Could Be the Catalyst for the Next Major Crypto Bull Run

A new post on X by All Things XRP is going viral for a rather interesting and optimistic theory about how former President Donald Trump's proposed 2025 tax plan could lead to the next major crypto bull market, especially benefiting XRP.

The post begins by highlighting Trump's suggestion to eliminate federal income tax for Americans earning less than $200,000 per year. With nearly 90% of the U.S. workforce falling below this income level, the move would create a significant shift in disposable income.

As the post points out, this begs the question of where this extra cash would go. Most likely, it would be directed towards assets such as crypto, especially for those less inclined towards spending and more interested in saving and investing.

While crypto ownership currently stands at 28% in the U.S., the poster opines that this number could escalate quickly with increased disposable income.

While Bitcoin and Ethereum usually steal the limelight, the post further highlights how XRP might be the main beneficiary. XRP is known for its low transaction costs and fast speeds, making it more accessible than Bitcoin's slower network or Ethereum's high gas fees.

Moreover, with Ripple's recent legal victory against the SEC and the pending launch of an XRP Spot ETF, the XRP ecosystem is gaining momentum within the U.S. financial system.

Currently, XRP is the fourth-largest cryptocurrency with a market cap of over $130 billion and is used for payments and money transfers. However, the poster speculates that XRP could also become a store of value, much like Bitcoin, which is often called "digital gold."

According to the post, if Trump's tax cuts materialize alongside increased crypto adoption and regulatory clarity, we could witness a more than 1000% surge in XRP.

Still, the poster emphasizes that this prediction is entirely dependent on the scenario of Trump returning as president and implementing the suggested tax cuts, both of which remain uncertain.

However, recent performance data for XRP provides some optimism. Over the past year, XRP has increased in price by 343.4%. In the last two weeks alone, the coin has seen a 7.7% rise, and over the past month, it has experienced an 8.7% increase in price.