List of Cryptocurrencies Developed in the US and Top 8 Coins

Bittime - Cryptocurrencies have been one of the biggest financial innovations in the last two decades. The United States (US) plays a significant role in the development of this technology. Well, this article will discuss a list of cryptocurrencies developed in the US. Come on, check out the review!

What cryptocurrencies are being developed in the US, and what are the chances of tax relief under a pro-crypto government? The following is the explanation.

What Are Cryptocurrencies Developed in the US?

US-developed cryptocurrencies refer to blockchain projects founded by US-based teams or companies. 

This includes developing blockchain technology, issuing tokens, and operational activities that comply with regulations in that country. 

Examples of prominent companies are Ripple Labs in San Francisco and Solana Labs, also based in California.

These projects are often under the strict supervision of the Securities and Exchange Commission (SEC) which is tasked with ensuring compliance with financial regulations. 

However, this supervision also provides a guarantee of confidence for investors because these projects must meet high standards of transparency.

Read also: How to Set Up Solflare Solana Wallet and the Difference from Phantom Wallet

Top 8 Cryptocurrencies Developed in the US

Sumber: ReadWrite

Here are the top eight cryptocurrencies developed in the US, along with what's unique about each:

1. Ripple (XRP)

• Developer: Ripple Labs, San Francisco, California
• Price: $3.14 (approximately Rp. 50,868)
• Superiority: Ripple focuses on cross-border payments with low fees and high speed. 

With a market capitalization of $180.78 billion (around IDR 2,928.6 trillion), Ripple is one of the most promising projects, even though it is currently facing a lawsuit with the SEC.

2. Solana (SOL)

• Developer: Solana Labs, San Francisco, California
• Price: $244.12 (approximately Rp. 3,956,744)
• Superiority: Solana is known as the fastest blockchain with the capacity to process 2,000 transactions per second (TPS) using Proof-of-History (PoH) consensus.

3. Hedera (HBAR)

• Developer: Hedera Council, led by the US
• Price: $0.33 (approximately Rp. 5,346)
• Superiority: Hedera utilizes the Directed Acyclic Graph (DAG) model for fast and energy-efficient transactions, supported by large companies such as Google and IBM.

4. Cardano (ADA)

• Developer: Charles Hoskinson via IOHK, originally based in the US
• Price: $0.99 (around Rp. 16,038)
• Superiority: This blockchain prioritizes sustainability, smart contracts, and decentralized governance.

Read also: TRUMP Coin: Official Trump Meme Coin Price Analysis

5. Algorand (ALGO)

• Developer: Algorand Inc., Boston, Massachusetts
• Price: $0.42 (around Rp. 6,804)
• Superiority: With a Pure Proof-of-Stake (PPoS) mechanism, Algorand offers fast, safe and environmentally friendly transactions.

6. Tron (TRX)

• Developer: Tron Foundation, California
• Price: $0.24 (approximately Rp. 3,888)
• Superiority: Tron focuses on a decentralized internet ecosystem and has partnered with US-based platforms such as BitTorrent.

7. Stellar (XLM)

• Developer: Stellar Development Foundation, San Francisco
• Price: $0.43 (approximately Rp. 6,966)
• Superiority: Stellar makes it easy to send money across borders at low fees, especially for unbanked populations.

8. Filecoin (FIL)

• Developer: Protocol Labs, Wilmington, Delaware
• Price: $5.12 (approximately Rp. 82,944)
• Superiority: Filecoin revolutionizes data storage with a cost-effective and censorship-resistant decentralized network.

Donald Trump's Chances of Eliminating US-Based Cryptocurrency Taxes

Donald Trump, in his campaign for president, promised to make the US the “crypto hub of the world.” One of the main steps is the proposed elimination of capital gains taxes for cryptocurrencies issued by US companies.

If this policy is realized, the impact will be significant:

1. Cryptocurrency Price Increase: The tax write-off may encourage investors to buy more US-based coins such as XRP and SOL.

2. Increase in Crypto Startups in the US: A friendly tax environment will attract more crypto companies to set up business in the US.

3. Global Competition: US-based projects can be more competitive than foreign cryptocurrencies.

However, this policy is still in the proposal stage, so its implementation depends on broader political and economic decisions.

Read also: Donald Trump's Statement About the TRUMP Meme Coin, Here's What He Thinks!

Conclusion

Cryptocurrencies developed in the US play an important role in global blockchain innovation. Projects like Ripple, Solana, and Hedera show how this technology can provide real solutions to financial and technical challenges. 

If the tax write-off policy is truly implemented, the future of US-based cryptocurrencies will be even brighter.

FAQ

What is a cryptocurrency developed in the US?

Blockchain projects founded or operationally based in the US.

What are the top coins developed in the US?

Some of the top coins include Ripple (XRP), Solana (SOL), Hedera (HBAR), and Stellar (XLM).

Are US based cryptocurrencies worth investing in?

With the potential for tax relief and more favorable regulations, US-based cryptocurrencies could be an attractive investment option.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Also, visit the Bittime Blog for interesting updates and educational information about the crypto world. Find reliable articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your crypto knowledge.

Reference 

coinmarketcap, Coinmarketcap.com, accessed January 22, 2025.

Cryptonews, Top U.S. Based Crypto Coins, accessed January 22, 2025.

Author: Y