Author: Biteye core contributor viee
Editor: Biteye core contributor viee
Yesterday (January 23, 2025), Trump signed a high-profile executive order at the White House, officially announcing that the US will increase policy support in the fields of artificial intelligence (AI) and digital cryptocurrencies. This not only means that Trump intends to push the US to take the lead in the global AI race, but also sends a positive signal to the cryptocurrency field.
Compared to the regulatory approach of the Biden administration, Trump's policies are bold and decisive, which may allow those projects that were once shrouded in the shadow of regulation to usher in a long-awaited spring. From DeFi to AI, to MEME coins, can these tracks usher in a new round of explosions under the "Trump effect"? Can he, like last time, lead the "Trump coin issuance boom" and catch the market off guard?
In this article, Biteye has sorted out several key tracks and related tokens that may benefit from this.
I. DeFi: Accelerated compliance and mainstream
The DeFi project "World Liberty Financial" launched by the Trump family has undoubtedly injected a strong tonic into the DeFi track. The WLFI project is not a hasty move, but has been fully prepared for legal compliance and operates within the regulatory framework, especially in terms of compliance. In other words, in addition to showing a high degree of optimism about DeFi, the WLFI project may also convey the clues of the Trump administration's relaxed regulatory environment for the cryptocurrency industry after taking office.
In addition, according to the new DeFi tax regulations proposed by the US Internal Revenue Service in December 2024, it can be inferred that more systematic DeFi regulatory regulations may be introduced in 2025, and the compliance of the DeFi industry may become a trend in the development of cryptocurrencies in 2025. Promoting the development of the DeFi industry by establishing a compliance framework, coupled with Trump's relaxed regulation of the cryptocurrency industry, may drive more traditional financial institutions to enter the DeFi field. Currently, $LINK and $AVAX are the two tokens with the highest market capitalization in the DeFi track, and they are also the tokens held by WLFI, which may usher in new opportunities in this round of policy adjustments.
II. AI: Trump vows to make the US the world's AI capital
In his inauguration speech, Trump mentioned that he will increase investment and development efforts in the field of artificial intelligence (AI), especially in decentralized AI infrastructure. On Tuesday, the White House announced that it will collaborate with tech giants such as Oracle, OpenAI, and SoftBank to launch a $500 billion artificial intelligence infrastructure project. On Thursday, Trump signed an executive order related to the cryptocurrency industry and artificial intelligence, setting a 180-day deadline to develop an "Artificial Intelligence Action Plan" and a federal regulatory framework for managing digital assets (including stablecoins), and to evaluate the creation of a strategic national digital asset reserve. The executive order also ordered the ban on central bank digital currencies (CBDCs), as Trump believes they will "threaten the stability of the financial system, personal privacy, and the sovereignty of the United States".
Against this background, the potential of the combination of AI and cryptocurrencies is particularly noteworthy, especially in the field of DeFi x AI (DeFAI), where decentralized AI applications and algorithmic trading are likely to receive more support.
III. RWA & DePIN: Tokens of real-world assets
World Liberty Financial, the Trump family's project, not only involves the DeFi field, but also layouts RWA (real-world assets) related tokens, such as $ENA and $ONDO. Robinhood CEO Vlad Tenev and well-known cryptocurrency trader Andrew Kang both expressed optimism that after Trump takes office, the tokenization of stocks, private companies, and real-world assets (RWA) will accelerate their migration to the chain. The RWAFi concept project Plume Network, which just had its TGE, has also been publicly invited to Trump's inauguration ball.
In addition to RWA, last month Trump gave a speech at the Blockchain Association's annual gala, stating that use cases like DePIN legitimize cryptocurrencies and are a priority for legislation.
The above information cannot help but make people think about the impact of Trump's return to office on the RWA and DePIN tracks. In a relaxed policy environment, they may usher in a golden development period.
IV. Meme coins and the Solana ecosystem: Rethinking the potential of the "Altcoin season"
The Trump Meme coin launched by Trump created a market capitalization of $24 billion on its first day, bringing a new wave of attention to the Meme coin track, and Web2 speculators rushed in overnight. The heat of $TRUMP is a rare combination of politics and finance in cryptocurrency history, and the "president's coin" undoubtedly has a profound market impact.
In addition, the decision to deploy the $TRUMP token on the Solana chain has further strengthened the market recognition of the Solana ecosystem, and may become a catalyst for Solana's future development, which may have the following impacts:
Increase capital inflow into the Solana ecosystem: Due to the high market capitalization of $TRUMP and the influence of the Trump family, Meme coin projects on the Solana chain have attracted a large amount of capital and market attention. This influx of capital may not only be limited to Meme coins themselves, but may also attract more developers and project parties to choose Solana as their issuance and operation platform.
May promote the approval of Solana ETF: As a representative of high-performance blockchains, Solana has the basic market acceptance. Trump's participation not only increases Solana's market exposure, but also helps its recognition in the traditional financial market, thereby accelerating the approval process of Solana ETF.
May lay the groundwork for the next "Altcoin season": This type of Meme coin backed by celebrities and political forces may trigger the emergence of more similar projects, absorbing most of the liquidity on the chain, and may drive the arrival of the next "Altcoin season".
V. World Liberty's holdings & US domestic coins: Strongest association with Trump
These two tracks have a relatively stronger association with Trump and do not need much elaboration. The top ten tokens held by World Liberty are: $ETH, $wBTC, $STETH, $USDC, $TRX, $USDT, $AAVE, $LINK, $ENA, $ONDO. In addition, you can pay attention to the sponsorship projects of Trump's inauguration ceremony and the cryptocurrency gala, including TRON, Ripple, Anchorage, Kraken, Sui, MetaMask, Galaxy, Ondo (ONDO), Solana, Etoro, Uniswap, and cryptocurrency listed companies Coinbase, MicroStrategy, Marathon Digital, Nano Labs, Exodus, Metaplanet, etc.
VI. Conclusion
From DeFi to AI, from RWA tokenization to Meme coins, as the "Crypto President", every step taken by Trump is challenging the traditional industry landscape, and his crypto policies may drive the crypto industry towards a more compliant and mature direction in the coming years.
However, the true future of the crypto industry depends not only on the short-term policy dividends, but also on the continuous innovation of its underlying technology and the ongoing advancement of compliance. Will Solana seize this opportunity to break through the bottleneck? Can tracks like DeFi and RWA be revitalized within a compliant framework? At the intersection of policy relaxation and technological innovation, how will crypto assets dance with the traditional financial system? We can foresee that the next few years will be a critical period for all these transformations.
