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Opinion: Trump is biased towards certain tokens, but will expedite ETF approval for altcoins like SOL, XRP

BlockBeats News, March 4th: Following Trump's announcement to include XRP, ADA, and even SOL in the strategic crypto reserve, there has been strong criticism from industry insiders. However, Chris Chung, the founder of the Solana ecosystem DEX Titan, stated that the current issue is whether we will see some practical details about crypto legislation in the foreseeable future.


He further explained: "It is obvious that U.S. President Trump is now the driving force behind the crypto market trends, and he is certainly favoring certain crypto tokens. But I believe that a vote of confidence from the U.S. government may expedite the approval of meme coin ETFs, including Solana, XRP, and other tokens awaiting SEC decisions."

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Tokens such as SOL, ADA, and MATIC were previously listed by the SEC as unregistered securities, and their prices rose after XRP won its lawsuit against the SEC.
Will SOL be the next "candidate coin" to pass ETF?
Meme Coins in the XRP Ecosystem are attracting inflows of funds, with high volatility bringing both opportunities and risks. This speculative frenzy may indeed propel XRP's rise.
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