Nearly 93 million Americans currently own cryptocurrency assets ~ 28%. It is highly likely that all of these supported Trump's recent election.

In addition, the crypto antagonist, the SEC chairman, announced his resignation on the inauguration day of the new president.

The projects benefiting from this are none other than those that previously sued the SEC $XRP , $SOL , $XLM , $DOGE, $ADA, $ALGO, $HBAR,...

There is also another related aspect regarding the potential launch of the next altcoin ETF.

Since April, hedge funds and asset managers have significantly increased their holdings of altcoins, especially Solana. Solana's ETP products on European exchanges have $1 billion in assets under management.

All the above projects are candidates for #ETF next; however, following the announcement from the SEC chairman, Bitwise, VanEck, 21Shares, and Canary Capital have filed S-1 registration statements to list Solana spot ETFs in the U.S. Therefore, the potential for SOL has increased.