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Opinion: Trump is definitely favoring certain tokens, but will speed up the approval of altcoin ETFs such as SOL and XRP

2025-03-04 11:45

Odaily News Trump’s announcement that XRP, ADA, and even SOL would be included in the crypto strategic reserve was strongly criticized by industry insiders, but Chris Chung, founder of Solana exchange platform Titan, said that the question now is whether we will see some actual details about crypto legislation in the foreseeable future. He added: “It is clear that US President Trump is now the driving force behind the trend of the crypto market, and he is definitely favoring certain crypto tokens. But I think the US government’s vote of confidence may speed up the approval of altcoin ETFs, including Solana, XRP, and other tokens that are waiting for the SEC to decide.” (pymnts)