The cryptocurrency landscape in the United States has seen a dramatic transformation, with transaction volumes soaring past $1 trillion in the first half of 2025. This unprecedented surge, reported by TRM, highlights a 50% increase in digital asset transactions from the previous year, signaling a robust recovery and growing acceptance of cryptocurrencies.
Crypto Booms Under New Administration
The report, titled ‘Country Crypto Adoption Index 2025,’ showcases the US as the second-largest nation for digital asset adoption, trailing only behind India. This notable rise in the US can be attributed to a favorable regulatory environment under President Trump, who has significantly shifted the political landscape towards a more crypto-friendly approach.
Since January 2025, the crypto market in the US has flourished, with the total value of transactions exceeding $1 trillion. This achievement cements the US’s position as the largest global market for digital assets in absolute terms, following a year of substantial growth.
Factors contributing to this increase include favorable regulations and a surge in institutional demand for Bitcoin (BTC). Notably, regulated products such as spot Bitcoin exchange-traded funds (ETFs) have recorded net inflows approaching $15 billion during the first half of the year, indicating a strong appetite from institutional investors.
Additionally, Trump’s presidential campaign marked a historic moment as it became the first major US political party to accept donations in cryptocurrencies. Following his election victory in November 2024, digital asset activity has witnessed a significant upward trend.
According to TRM’s latest analysis, there was a 30% increase in traffic to crypto exchanges in the six months post-election, aligning with Trump’s commitment to making the US the “crypto capital of the world.”
In line with this vision, the US Congress has advanced the GENIUS Act, marking the first comprehensive law on stablecoins in the country, despite facing some legislative hurdles. Furthermore, the White House has released its 180-Day Digital Assets Report, outlining a roadmap for federal agency actions regarding digital currencies.
In a groundbreaking move, the Trump administration appointed the US’s first-ever “crypto tsar” to oversee crypto-related policies across various government agencies. The US Securities and Exchange Commission (SEC) has also established a Crypto Task Force aimed at enhancing oversight of digital assets.
Regulatory Shift Marks New Era
The tone from US lawmakers and officials has undergone a significant transformation, shifting from the previous administration’s skepticism to a more welcoming approach towards cryptocurrencies. For instance, US Federal Reserve Governor Christopher Waller has publicly stated that the decentralized finance (DeFi) sector is “not viewed with suspicion or scorn,” reflecting a newfound acceptance of blockchain technology.
As of now, Bitcoin is trading at approximately $108,088, experiencing a slight decline of 4% over the past 24 hours. The future of digital assets in the US looks promising as regulatory frameworks continue to evolve and institutional interest grows.
