Bitcoin and altcoins have surged since Trump’s victory, with Dogecoin expected to benefit the most.

However, according to Joseph Lubin, CEO of Consensys, Ethereum is the cryptocurrency that will benefit the most from the event.

Lubin noted that Ethereum has struggled due to increased scrutiny from the Democratic-led Securities and Exchange Commission (SEC).

But with Trump as president, Lubin believes that these barriers will be reduced, allowing ETH to grow further.

Lubin also believes that upcoming leadership changes at the SEC and other agencies could create a more favorable regulatory environment for the market.

He predicts that a Trump victory will boost Ethereum, especially if the SEC leadership is changed:

“The SEC has been targeting the Ethereum ecosystem, causing a lot of concern. But with the upcoming changes, I believe ETH will recover strongly.”

Lubin noted that Ethereum has shown signs of recovery since Trump’s victory, and that it will benefit the most from its outperformance compared to other altcoins.

Finally, Lubin predicted that Gary Gensler, the chairman of the SEC, will step down on January 20 when Trump takes office, and that Mark Uyeda, the current SEC commissioner, will likely take over the role on an interim basis.

He added: “I hope Gensl$ETH

ETH

3179

+0.15%

$er and the SEC don’t make things difficult for companies and individuals before he leaves, and that there will be a smooth transition of power.”

Ethereum, which has gained 23% over the past week, is currently trading at $3,185 at the time of writing.#