Trump Taking Office Has Traders Making Bold Predictions: Here Are The Key Ones

With President Donald Trump taking office, he is already making his first moves. Already, significant political changes are underway, and market players are predicting what’s coming next. In this environment, the crypto industry is sure to see the impact of these changes. 

Traders are predicting significant moves for several key crypto assets. Among these, Ethereum, Shiba Inu, Solana, and Elluminex stand out. 

Ethereum Sees Hike In Interest

Currently trading at $3,249, Ethereum (ETH) has seen a significant rally during the latest market cycle. Now, the markets are anticipating significant moves following Trump taking office. The new pro-crypto administration will likely be a boost for the second-largest crypto asset. 

So far, Ethereum was among the majority of crypto assets that were under scrutiny by US regulators. Among them, the Securities and Exchange Commission (SEC) was the most hawkish. Now, with a new SEC Chair, the agency is expected to shift to a much more conciliatory approach. 

With regulatory risk largely gone, Ethereum could attract significant institutional interest. Notably, Ethereum spot ETFs, already approved in the US, could see substantial capital inflows. Major banks, pension funds, and other institutions may seek exposure. This is especially true as, according to several surveys, institutions are mostly interested in Bitcoin and Ethereum.  

For this reason, predictions for Ethereum are very bullish. Analytics firm CryptoQuant suggests Ethereum could reach $5,000 this year, surpassing its all-time high of $4,891.70. At the same time, a panel of 50 experts predicts an average price of $6,105 by 2025. 

Shiba Inu Sees Competition From TRUMP

Memecoins also benefited from the latest political changes, including Shiba Inu (SHIB). While its performance did not mirror that of utility-based tokens, Shiba Inu also benefited from positive sentiment. Currently trading at $0.00002042, Shiba Inu saw significant growth this cycle. 

Still, analysts suggest that Shiba Inu will also see new challenges. One of them is the increased competition in the memecoin space, in part due to the launch of the TRUMP token. The official token by the US President is already the third-largest memecoin. It currently trails Dogecoin and Shiba Inu. 

In any case, predictions for Shiba Inu remain bullish. Changelly suggests that Shiba Inu could reach a high of $0.0000526 by the end of 2025. CoinCodex is even more bullish, as it puts SHIB at $0.000106. Still, other analysts caution against overly optimistic valuations. Nasdaq highlights that Shiba Inu will likely not reach prices as high as $0.01, due to its huge supply. 

Solana To See Major Gains From Regulatory Changes

Solana (SOL) was another big beneficiary of the latest election. More recently, Solana also benefited from the launch of the TRUMP token. After Trump launched its token on the Solana blockchain, SOL rose to an all-time high of $294. 

In more substantial developments, Trump already established a crypto task force under SEC Commissioner Hester Peirce. This commission will work on a new regulatory framework for crypto, likely more favorable to the industry. 

As a US-based company, Solana Labs has more to gain than other firms from a pro-crypto administration. What is more, due to its focus on utility, a new regulatory environment has the potential to open up opportunities. 

Standard Chartered sees an enormous price increase for Solana under the Trump administration. The bank believes that Solana would outperform both Bitcoin and Ethereum in that period. At the same time, CoinPriceForecast anticipates that Solana could reach $296 by the end of 2025.  

Elluminex To Rise As TON Expands To US

New optimism in the crypto market is also affecting TON. In anticipation of more crypto-friendly regulations, TON has announced expansion into the US market. The TON Foundation has a new president, Manuel Stotz, to oversee its shift to the US. 

To fuel its growth, TON will need substantial liquidity, which it is currently lacking. Luckily, the network is about to get its first dedicated DeFi hub, Elluminex (ELX). Built on top of TON’s scalable network, Elluminex aims to be the premier hub for trading on the network. 

Ellminex will leverage cross-chain bridges to connect TON with over 40 major blockchains. Token swaps will enable TON to access much-needed liquidity. This liquidity will reduce slippage, which is crucial for traders. At the same time, it will also stabilize asset prices on TON, boosting confidence in the network. 

By supercharging TON as it expands into the US, Elluminex positions itself as a key player in what could become one of the biggest networks out there. For this reason, traders are predicting significant price increases for ELX. These range from $0.10 to $0.50, from its current presale price of $0.01. 

Conclusion

Trump’s return to office has created favorable conditions for the crypto markets. This period is one of great potential, and Ethereum, Shiba Inu, Solana, and Elluminex all have significant potential for gains. 

For more information about Elluminex (ELX) visit the links below:

Website: https://elluminex.com
Twitter/X: https://x.com/elluminex
Telegram: https://t.me/Elluminex