The Donald Trump meme coin “TRUMP” has sent shockwaves through the crypto world on its debut. Launched ahead of the Presidential inauguration today, TRUMP is based on the Solana (SOL) blockchain, and the SOL token rocketed after the launch. The meme coin was launched late Friday and announced on all of Donald Trump’s social media accounts. TRUMP is the largest meme coin on the Solana network, and its launch ahead of the inauguration sends positive vibes throughout the crypto industry. It seems that the new president is truly pro-crypto, and the market is riding on positive sentiment, except for Ethereum (ETH). Ethereum Price Forecast for 2025 The Ethereum price fell 6% after the TRUMP meme coin was launched. The coin is on the Solana network, which is one of the biggest competitors to Ethereum (ETH). It is faster, cheaper, and hosts some of the most popular meme coins and DeFi and GameFi projects. The TRUMP meme coin rattled the Ethereum price and even affected the market cap. Recently, Vitalik Buterin, the Ethereum founder, announced changes to the Ethereum Foundation’s leadership. Its core mission remains the same, but overall objectives and deliverables have been improved in line with the market’s demands. Ethereum (ETH) leaders will have better technical expertise and better communication with the leadership community. Ethereum (ETH) has one of the most successful ICOs to date and with key blockchain features like smart contracts, dApps, and the Ethereum Virtual Machine, it is perhaps the most important blockchain in the market besides Bitcoin. Bitcoin’s real-world application is limited to its use as a digital currency, but Ethereum has taken blockchain tech further. The ETH token is the second-largest cryptocurrency by market cap. The price forecast for the Ethereum price is bullish for 2025, with analysts forecasting a 200% increase from current levels. Solana Hits All-Time High Solana (SOL) is hosting the TRUMP meme coin, which is at an all-time high near $293. It is the fourth largest crypto token by market cap, and as a better alternative to Ethereum, it is often called the “Ethereum Killer”. TRUMP tokens brought in a lot of capital but while other coins traded poorly, Solana (SOL) stood strong. Solana is a robust and scalable blockchain; it supports millions of users and enables development without users worrying about the speed or reliability of the network. Solana has also sparked institutional interest and made several commendable partnerships to extend its influence. In 2025, multiple shifts will favor Solana (SOL). Meme coins like TRUMP will keep it in the news and keep Solana brackets positive. A pro-crypto US administration can only mean good things for a network like Solana, already backed by strong fundamentals. Finally, Solana spot ETF approvals could propel the Solana price to double. DTX Exchange: Stable and Secure The TRUMP coin tailwinds should bring prosperity to the wider crypto market and means emerging tokens like DTX Exchange are great investments. Backed by the Layer-1 VulcanX blockchain, DTX Exchange is a multi asset hybrid trading platform. It will allow users to trade traditional assets alongside non traditional assets. Currently trading at $0.14, DTX will shoot to $1 as soon as it is listed on tier-1 exchanges. DTX is in the 7th stage of its presale and a meme coin led push to the market means utility based tokens are likely to give massive returns. To know more about the DTX Exchange ecosystem, Check out: Visit Website Buy Presale Join Community Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
