Not just Bitcoin — these tokens are also surging amid the Trump crypto frenzy – DL News
- Donald Trump’s election win is fuelling rallies across several crypto assets.
- The bullish impulse comes from the perception of looser crypto regulation under Trump.
Donald Trump’s imminent return to the White House sparked a crypto frenzy.
Bitcoin surged to an all-time high above $75,000 as the industry anticipates more relaxed digital assets regulation.
But it wasn’t just Bitcoin. Solana, XRP, and Dogecoin also stand to gain as those tokens soared, too.
Solana
It’s Solana that stands to benefit the most under Trump, according to Anmol Singh, Founder of Solana derivatives protocol Zeta Markets.
“Solana is still viewed as a security by the SEC,” he said. “This distinction positions it to gain more from any regulatory easing.”