Opinion: Trump is favoring certain tokens, but may accelerate the approval of altcoin ETFs like SOL and XRP
ChainCatcher news, according to pymnts, has faced strong criticism from industry insiders after Trump announced the inclusion of XRP, ADA, and even SOL in the crypto strategic reserves. However, Chris Chung, founder of the Solana ecosystem DEX Titan, stated that the current question is whether we will see some actual details regarding crypto legislation in the foreseeable future.
He further explained, "It is clear that President Trump is now the driving force behind the trends in the crypto market, and he is certainly favoring certain cryptocurrencies. But I believe that the confidence vote from the U.S. government may accelerate the approval of altcoin ETFs, including Solana, XRP, and other tokens awaiting SEC decisions."
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