What’s Next for ETH, XRP, ADA, SOL as Trump Dangles a $2K ‘Tariff Dividend’

Bitcoin and major cryptocurrencies, including Ether (ETH), XRP, and Solana (SOL), extended their gains after former President Donald Trump proposed a $2,000 "tariff dividend" for every American, funded by import duties. This proposal, unveiled on Truth Social, boosted market risk appetite, reviving the same 'risk-on' sentiment seen during pandemic-era stimulus, despite questions about its feasibility and potential inflationary effects. Bitcoin rose to $106,440, Ether gained to $3,618, and XRP jumped 8.5% to $2.48. The rally in XRP was also supported by the third pre-effective S-1 amendment filing for a proposed Canary XRP ETF. Traders appear willing to front-run the liquidity narrative created by the potential fiscal injection, regardless of whether the dividend proposal becomes law.

(Source：CoinDesk)