Can President DonaldTrump Save Ethereum?

7 months ago 35

RJ

The Capital

Image by Author using Grok

The whole world is watching as President Donald Trump got inaugurated today. The cryptocurrency world has eagerly awaited this moment.

Finally, a pro-cryptocurrency president.

In fact, Bitcoin just made new all-time highs today hitting $109,000 in anticipation of this special event.

Overall, though, the cryptocurrency market, other than Bitcoin, XRP, and a few select meme coins, has been rather quiet. Bitcoin has been stealing the show, breaking resistance levels, and reminding everyone why it’s the king of crypto.

But while Bitcoin is out here making moves, Ethereum? Not so much.

If you’ve been watching ETH closely, you’ve probably noticed it’s lagging behind.

Sure, it’s not crashing, but it’s definitely not pumping like its older sibling.

Ethereum has a lot going for it. It started the revolutionary smart contracts — something Bitcoin was terribly bad at.

But that’s not it. Ethereum is also the backbone of DeFi, NFTs, and smart contracts.

Unfortunately, right now, it’s struggling.

One big issue? The Ethereum Foundation.

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