Trump unveiled a plan to create a national cryptocurrency reserve, positioning the U.S. as a global leader in digital assets. He also pledged to overhaul crypto regulations, replacing the contentious policies of outgoing SEC Chair Gary Gensler. This shift is expected to usher in a more crypto-friendly regulatory landscape, celebrated by industry leaders as a chance to spur innovation and market growth.

Recent meetings with Ripple CEO Brad Garlinghouse and Solana executives have amplified market optimism, with XRP soaring 500% and Solana  rising 45% in a week. Trump emphasized the strategic importance of U.S.-based cryptocurrencies, suggesting they will play a central role in the reserve, akin to historical gold stockpiles. Analysts highlight the potential for this initiative to reshape the digital economy, cementing U.S. dominance in blockchain technology. Expectations of a Solana ETF are heavy.

Experts believe the revised regulatory approach will accelerate industry growth, reducing risks while fostering innovation. Trump’s hands-on engagement and focus on strengthening economic resilience mark a significant shift in financial policy, driving bullish market sentiment and sparking widespread investor interest.

Trump’s Crypto Coin Soars Over 300%

Adding to the crypto frenzy, Trump launched his own digital asset, dubbed "Trump Coin," which soared over 300% within its first trading day and is now the third largest meme coin by market cap behind Doge coin. Enthusiasts say this initiative aligns with his focus on leveraging blockchain technology to reduce national debt and strengthen U.S. economic dominance. 

Coinbase stock rallied nearly 20% last week on the crypto-hype and in response to Bitcoin's 9% surge to $105,000 per coin. Robinhood stock (HOOD) which now trades in line with Bitcoin's price movements, also rose 23% last week. 

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