With 58.1% of the vote, Stellar (XLM) emerged as the overwhelming favorite. XDC Network followed with 18.7%, while Algorand (ALGO) trailed at 5.2%. Another 18.1% chose “Other,” opting to share their preferences in the comments. While not a scientific survey, the results offer strong insights into sentiment within the XRP ecosystem and the values that guide their choice of blockchain projects.

Stellar (XLM): The Clear Runner-Up

Stellar’s commanding lead is hardly surprising. Trading around $0.246, XLM continues to attract attention with its focus on low-cost, fast cross-border payments—an ambition it shares with XRP. That shared heritage is no coincidence: Stellar was co-founded by Jed McCaleb, one of Ripple’s founders, who left to pursue a more decentralized vision.

This connection has made Stellar a natural favorite among XRP holders who see it as a complementary force rather than a competitor.

Let’s settle this. After $XRP, what’s your second favorite crypto?

— EDO FARINA 🅧 XRP (@edward_farina) June 19, 2025

Although XLM has slipped slightly in recent days—down about 1% over the last 24 hours—it continues to rank among the top 30 cryptocurrencies by market cap. With growing partnerships and continued development, it remains a reliable and ideologically aligned choice for those loyal to XRP.

XDC Network: A Rising Enterprise Favorite

Coming in second, XDC Network secured 18.7% of the vote, far behind Stellar but still well ahead of other alternatives. Currently trading at approximately $0.0588, XDC has established itself as a rising force in enterprise blockchain solutions, particularly in trade finance.

XDC’s hybrid architecture, designed by the XinFin team, allows for both public and private transactions, offering businesses the flexibility they need while maintaining the transparency expected of blockchain systems. While it doesn’t enjoy the same name recognition as XLM or ALGO, its steady growth and practical use cases have made it an appealing choice among XRP supporters with a keen interest in real-world adoption.

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Algorand (ALGO): Technologically Strong, But Low on Votes

Despite its robust architecture and innovative approach to scalability, Algorand captured just 5.2% of the XRP Army vote. Trading near $0.167, ALGO remains a technically impressive project, boasting fast transactions, low fees, and a pure proof-of-stake consensus model.

However, it lacks the historical or emotional connection that Stellar shares with XRP. While ALGO has found success in DeFi and government partnerships, it hasn’t built the same cultural or ideological bridge to the XRP community, which may explain its limited appeal in this poll.

What This Poll Reveals

Edo Farina’s poll does more than rank altcoin popularity—it highlights the importance of shared vision and community identity. Stellar’s dominance shows how much the XRP Army values continuity in mission, especially around financial inclusion and payment infrastructure. XDC appeals to a more enterprise-focused segment, while Algorand’s low ranking underscores the community’s tendency to prioritize alignment over innovation alone.

At the time of writing, XRP is trading around $2.13, slightly down on the day but still holding strong within the top tier of global crypto assets.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Shawn (@oroogle), a prominent cryptocurrency enthusiast on X shared Eric Trump’s comments. If the proposed policy is enacted under the coming Donald Trump administration, it could significantly alter the dynamics of the global cryptocurrency market by offering substantial tax advantages to U.S.-based crypto assets.

According to Shawn’s initial report from November, the policy aims to eliminate all capital gains taxes on cryptocurrencies created by U.S.-registered entities. This change would apply to prominent digital assets such as XRP, ADA, ALGO, and HBAR, as their issuing companies are headquartered in the U.S.

By contrast, non-American crypto assets could face up to a 37% tax on gains, putting them at a distinct disadvantage in the U.S. market.

What Does This Mean for the Crypto Market?

Shawn’s analysis highlights the potential for this policy to drive significant investment into American crypto projects. He noted that this would make all profits Americans make on holding cryptocurrencies tax-free. He further suggested that the proposed framework would incentivize non-U.S. crypto projects to relocate their operations to the U.S. to benefit from the tax exemption.

This initiative appears to align with a broader strategy by the Trump team to establish the U.S. as a global leader in cryptocurrency innovation.

As Trump stated earlier in the year, the U.S. will become the “crypto capital of the world” If enacted, this policy could cause a migration of blockchain and fintech companies to the U.S., fostering economic growth and innovation while creating a competitive edge for American digital assets.

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Widespread Support From the Community

The proposed policy has garnered support within the crypto community. Shawn started a poll on the matter, receiving over 14,000 votes, with 88% of participants expressing support. Many see this as a long-overdue correction to what they perceive as unfavorable cryptocurrency policies under the Biden administration.

This policy could provide a dramatic boost for assets like XRP. The digital asset has faced regulatory challenges recently, including its high-profile legal battle with the U.S. Securities and Exchange Commission (SEC). A tax-free environment could enhance its appeal to U.S. investors and help drive adoption.

Moreover, this policy could spur innovation in blockchain technology by increasing competition among U.S.-based projects. It could also stimulate broader adoption of cryptocurrencies, as investors are drawn to the financial incentives associated with holding tax-free digital assets.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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The post Here’s Why XRP, ADA, ALGO, and HBAR Will be Tax Free As Confirmed By Eric Trump appeared first on Times Tabloid.

In an interesting conversation with the CLO of the largest U.S.-based crypto exchange, Deaton reacted to Coinbase’s treatment of Algorand (Algo) despite recent claims from the SEC that the crypto asset is a security. 

Recall that the Gary Gensler-led securities agency filed a case against Bittrex and its co-founder and former CEO William Shihara on April 17, 2023, asserting that the company is operating an unregistered national securities exchange, broker, and clearing agency. Notably, the SEC classified Algo as a security in the charges. 

Regardless, Coinbase is still retaining trading activities for the crypto asset. This has raised questions from the XRP community given that XRP was delisted from the top exchange back in 2021 because of the same claims from the SEC. In December 2020, the securities watchdog sued Ripple, claiming XRP is an unregistered security. 

Deaton asked, “XRP was suspended, and then we see a case against Bittrex where the SEC says Algo is also security; and, of course, there isn’t a suspension of that. Do you understand where, as XRP holders, they get frustrated or even angry that they are penalized – not that anyone wants you to de-list or suspend Algo – just, what’s your thought?”

A Conversation with Paul Grewal https://t.co/05cpOeu4fJ

— CryptoLaw (@CryptoLawUS) May 9, 2023

Although Grewal gave no direct answer, the Coinbase CLO noted that he understands how the XRP community feels, citing that law and circumstances can always evolve. “I understand where folks are coming from, and I also understand where it can feel like there’s a double standard that’s been applied in a variety of circumstances,” he said.

Going further, he called on crypto communities to come together and thwart the SEC’s ambition of achieving crypto regulation by enforcement. He said, “The main point for all of us is that this is a team sport we need to play. We’re up against the most well-resourced adversary on the entire planet, that’s the US government in the form of the SEC.” This explains his recent meeting with Ripple’s CLO Stuart Alderoty. 

As previously reported, Grewal stated that even if the court concludes that XRP is not a security, Coinbase would still access the asset before relisting.

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According to the report, GSCPxE is the 18th investment product and third diversified fund offered by the leading digital asset manager Grayscale.

A deal’s a deal. Meet GSCPxE (Grayscale Smart Contract Platform Ex-Ethereum Fund), our newest investment product. https://t.co/sm7VJzOJcV #GSCPxE $SOL $ADA $DOT $AVAX $ALGO $MATIC $XLM

— Grayscale (@Grayscale) March 22, 2022

GSCPxE is designed to provide investors with exposure to selected industry-leading smart contract platforms via a market capitalization-weighted portfolio designed to track the CoinDesk Smart Contract Platform Select Ex ETH Index.

Going by the report, since 16th March, GSCPxE or Fund has been consisting of the aforementioned assets. Their weightings are allocated as follows: Cardano (ADA) 24.63%, Solana (SOL) 24.27%, Avalanche (AVAX) 16.96%, Polkadot (DOT) 16.16%, Polygon (MATIC) 9.65%, Algorand (ALGO) 4.27%, and Stellar (XLM) 4.06%.

Reacting to the latest development, Grayscale CEO Michael Sonnenshein, said:

“Investor demand for diversified exposure has grown in parallel to the ongoing evolution of the crypto ecosystem. Smart contract technology is critical to the growth of the digital economy, but it’s still too early to know which platform will win – from attracting and retaining the most vibrant developer communities, to ensuring the platform is high-speed, flexible, and scalable.

“The beauty of GSCPxE is that investors do not have to choose one winner, and instead can access the development of the smart contract platform ecosystem through a singular investment vehicle.”

According to the report, the Fund is now open for daily subscription by eligible individuals and institutional accredited investors.

Jodie Gunzberg, CFA, Managing Director, CoinDesk Indices, also said:

“Many investors allocated to ETH given its explosive growth over the past year, so now there is demand to get exposure across the rest of the Smart Contract Platform sector. The CoinDesk Smart Contract Platform Select Ex ETH Index is designed to measure the market-capitalization weighted performance of the largest and most liquid digital assets, excluding ETH, that meet certain trading and custody requirements, and are classified in the Smart Contract Platform sector defined by CoinDesk Digital Asset Classification Standard (DACS).”

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