Former President Donald Trump’s administration could drastically change the crypto landscape with a proposed policy to eliminate capital gains taxes on U.S.-issued cryptocurrencies. According to sources close to the transition team, the proposal would apply to tokens created by U.S. companies, potentially turning the country into a tax-free crypto haven.

This policy could push investors to pivot from traditional markets to crypto, especially as the elimination of taxes makes profits on assets like Bitcoin, Cardano, and Solana even more attractive.

Let’s dive into the three tokens set to dominate in this scenario:

Cardano stands out as a clear winner under this policy. Founded by Charles Hoskinson, a U.S.-based blockchain visionary, Cardano benefits from its strong ties to the American crypto ecosystem.

• Current Performance: After peaking near $0.64 in the past month, Cardano has settled around $0.55, offering a potential entry point for investors.

• Why It’s a Winner: Cardano’s focus on scalability, smart contracts, and its strong U.S. connections position it well for explosive growth if the tax policy is implemented.

Although Solana’s founder, Anatoly Yakovenko, hails from Ukraine, the project’s roots and operations are firmly planted in the U.S.

• American Backing: Named after Solana Beach in California, the project is headquartered in the San Francisco Bay Area. It’s heavily backed by U.S.-based investors like Andreessen Horowitz and Polychain Capital.

• Market Cap Milestone: Recently surpassing a $100 billion market cap, Solana is a heavyweight in the crypto space with enormous upside potential in a tax-free environment.

Constellation is the underdog in this trio but carries the most explosive potential. With a market cap of just $100 million, it’s a micro-cap gem compared to the giants Cardano and Solana.

• America’s Blockchain: Based in San Francisco, Constellation markets itself as "America’s Blockchain" and is deeply entwined with the U.S. government.

• Government Partnerships: The project is working with the U.S. Air Force, National Science Foundation, and even the Space Force to secure critical data infrastructure.

While its lower market cap makes it riskier, DAG’s upside could far exceed its larger counterparts in a tax-free scenario.

Eliminating capital gains taxes could revolutionize the way investors view crypto. Here’s what to expect:

1. Massive Inflows: U.S. investors and institutions could pour capital into tax-free crypto projects, boosting demand and prices.

2. Shift Away from Stocks and Metals: Traditional markets might lose their appeal as crypto becomes the go-to for untaxed gains.

3. New Era for U.S.-Based Crypto: Projects with strong American ties, like Cardano, Solana, and Constellation, will likely dominate the space.