**Crypto Market Reacts to Trump Victory: Ethereum Surges**
Ethereum is seeing a significant boost following Donald Trump's recent election win, according to Consensys CEO Joe Lubin. Speaking at Devcon 2024, Lubin suggested that Ethereum stands to gain more than other protocols, partly due to anticipated changes in SEC leadership.
Since Trump's victory, Ether has jumped 23%, trading at $3,200, while Bitcoin and Solana have also seen gains. Lubin attributes Ethereum's rebound to its maturity and size compared to other ecosystems.
With Trump set to return to the White House in January, Lubin hopes for a smooth SEC transition, potentially with Mark Uyeda as acting commissioner.