GuShiio.com Solana, XRP and Cardano have become the biggest winners due to the triple benefits and may attract more funding and policy support.
1. Structure and core significance
The following chart shows several of the main benefiting factors of U.S. cryptocurrency policy, including:
1. ETF Applications: Green areas. ETFs are important tools in traditional financial markets. The launch of cryptocurrency ETFs means that these projects have increased acceptance among institutional investors and mainstream financial markets. The approval of Bitcoin and Ethereum spot ETFs in 2024 has demonstrated the role of ETFs in driving market prices and adoption rates.
2. Blockchain Projects Attend White House: Red area, a category that indicates that these projects may have participated in direct dialogue or policy-making activities with the U.S. government. The White House’s focus often means that these projects are important at the level of regulatory compliance, technology applications (such as supply chain management, decentralized identity), or national strategy.
3. Mentioned by Trump (Trump mentioned): In the orange area, Trump’s attitude towards cryptocurrencies has shifted from criticism to support in recent years, especially during the 2024 campaign, when he publicly supported cryptocurrencies and launched his own NFT project and MEME coins. Projects mentioned by Trump may gain market attention and short-term price push due to their celebrity effect.
4. Made in USA: Orange area. They may have a natural advantage in policy support, especially in the context of Sino-US technological competition.
2. The significance of overlapping areas
Double overlapping areas: Projects appear in two categories at the same time, indicating that they have advantages in multiple ways. For example, BTC (Bitcoin) and ETH (Ethereum) are in both the “ETF application” and “Trump mention” areas, showing their dual benefits in terms of policy support and public attention.
Triple overlap area: located in the center of the graph, containing SOL (Solana), XRP (Ripple), and ADA (Cardano). These projects also meet the three conditions of “ETF application”,”White House participation” and “Trump mention” and are the biggest potential beneficiaries of U.S. cryptocurrency policy.
3. Classification and analysis of specific projects
1. Triple positive projects (central area: ETF + White House + Trump mentioned)
These projects are located in overlapping parts of the three regions and are the “core winners” of policy support.
SOL（Solana）：
Background: Solana is a high-performance Layer 1 blockchain known for its high throughput and low transaction costs, and is one of Ethereum’s main competitors.
Analysis: Solana’s appearance in the central area indicates that it has received high attention in U.S. policy formulation, may be applying for an ETF, and has been recognized by Trump. Solana’s high performance makes it widely used in DeFi (decentralized finance) and NFT (non-homogeneous token) fields, which may have attracted the interest of the government, especially relying on the leading edge of MEME coins to gain active users on the chain. A large share.)
XRP（Ripple）：
Background: Ripple is mainly used for cross-border payments, and its token XRP has a long legal dispute with the U.S. Securities and Exchange Commission (SEC)(starting in 2020).
Analysis: The appearance of XRP in central areas may indicate that its legal issues are being resolved or its status at the policy level has improved. In 2024, the SEC’s regulatory attitude towards cryptocurrencies will be relaxed. If XRP can pass the ETF application, it may usher in a large-scale capital inflow.
ADA（Cardano）：
Background: Cardano is a blockchain project that focuses on academic research and hierarchical architecture. It is known for its scientific method and sustainability.
Analysis: Cardano’s location in the central area suggests that it has gained greater recognition in the U.S. market and may have played a role in policy formulation or government cooperation. Its technical strength may make it a candidate for government support.
2. Double positive projects
ETF application + Trump mention (green + orange area)
BTC (Bitcoin):
Background: Bitcoin is the largest cryptocurrency by market capitalisation and is regarded as digital gold. At the beginning of 2024, the United States approved the Bitcoin Spot ETF, promoting its price and institutional adoption. In 2025, BTC will be actively promoted to become a strategic reserve currency for the United States and even other countries and major listed companies.
Analysis: Bitcoin appears in both the “ETF application” and “Trump mention” areas, indicating that its market position is solid. Trump’s mention may further enhance his public image and attract more retail investors.
ETH (Ethereum):
Background: Ethereum is the second largest cryptocurrency, supporting smart contracts and the DeFi ecosystem. In May 2024, the Ethereum Spot ETF was approved.
Analysis: Ethereum’s location in this area reflects its dual advantages in policy and public attention. The widespread use of the Ethereum ecosystem has made it a focus for institutional investment.
White House involvement + Trump mention (red + orange area)
TRUMP：
Background: It may be a memecoin or token related to Trump, which is common in celebrity effect-driven projects.
Analysis: Its presence in this area suggests that it is based more on Trump’s personal influence than on technical strength. Such tokens are usually highly volatile and suitable for short-term speculation.
MELANIA：
Background: Could be a token or project related to Trump’s wife Melania.
Analysis: Similar to TRUMP, MELANIA tokens may also be based on celebrity effects and lack long-term technical support.
HBAR（Hedera）：
Background: Hedera is an enterprise-level blockchain that uses a hashmap consensus mechanism for scenarios such as supply chain management and decentralized identity.
Analysis: Hedera has indicated in this area that it may have in-depth cooperation with the U.S. government and has attracted Trump’s attention. Its enterprise-level application may give it long-term development potential with policy support.
ETF application + White House participation (green + red area)
There are no projects in this area, indicating that no projects currently meet both the conditions of “ETF application” and “White House participation” but not mentioned by Trump.
3. Single category projects
3.1 ETF application (green area)
Projects: DOGE, BONK, XCH (Chia), AVAX (Avalanche), FIL (Filecoin), SUI, APT (Aptos), NEAR, MOVE.
Analysis:
Memo coins: DOGE and BONK are memo coins, which are highly community-driven, but have limited technology applications. They may apply for ETFs more to attract retail capital.
Layer 1 blockchain: AVAX, SUI, and NEAR are high-performance Layer 1 blockchains that, like Solana, may seek to enter traditional financial markets through ETFs.
Storage and infrastructure: Projects such as FIL (decentralized storage) and XCH (green blockchain) are more widely used, and ETF applications may reflect institutions ‘optimism about their long-term value.
3.2 White House Participation (Red Area)
Projects: LTC (Litecoin), LINK (Chainlink), DOT (Polkadot).
LTC: Litecoin is a fork of Bitcoin, which transactions faster and may be noticed in government payment or settlement scenarios.
LINK: Chainlink provides decentralized oracle services and is a critical infrastructure for the DeFi ecosystem, and its White House involvement may be related to data credibility.
DOT: Polkadot is a cross-chain protocol designed to connect different blockchains, and its technology may attract government interest in interoperability.
3.3 Trump mentioned (orange area)
Projects: OP (Optimism), AXS (Axie Infinity), BAT (Basic Attention Token), ZEC (Zcash), MANA (Decentraland), ONDO, APE (ApeCoin), LPT (Livepeer), UNI (Uniswap), STX (Stacks).
Analysis:
Diversity: This area includes multiple types of projects such as Layer 2 Solutions (OP), DeFi (UNI), Games (AXS), Privacy Coin (ZEC), and Metaverse (MANA), reflecting the breadth mentioned by Trump.
Speculative: Trump’s mention may be more for market hype than based on technical assessments. These projects may rise in the short term due to increased attention, but the long-term value depends on their fundamentals.
3.4 Made in USA (sub-tags in the orange area)
Projects: BLUR (NFT Markets), ALGO (Algorand), GRT (The Graph), MINA, HNT (Helium).
Analysis:
Made in the United States: These projects originated in the United States and may have advantages in policy support. For example, ALGO and GRT are infrastructure projects focusing on high-performance blockchain and data indexing respectively, and may benefit from government priority support in the technology field.
Technology applications: Technological innovation in projects such as HNT (Internet of Things) and MINA (Lightweight Blockchain) may make them more attractive in policy formulation.
4.1 Promotion of ETFs
Historical background: 2024 is a breakthrough year for cryptocurrency ETFs, with the Bitcoin Spot ETF (approved in January) and the Ethereum Spot ETF (approved in May) injecting a large amount of institutional funds into the market.
Trend in the figure: More projects (such as SOL, XRP, ADA, AVAX, etc.) are applying for ETFs, indicating that the integration of cryptocurrencies and traditional finance is accelerating. The launch of ETFs may significantly increase the market value and adoption rate of these projects.
4.2 Trump’s influence
Background: Trump’s attitude towards cryptocurrencies has shifted from criticism to support in recent years. He publicly supported cryptocurrencies many times during the 2024 campaign and even launched his own NFT project.
The picture shows that Trump mentioned a wide variety of projects, including Memo (TRUMP, MELANIA), DeFi (UNI), Games (AXS), etc., reflecting that his influence is mainly concentrated on market hype and public attention, rather than technical evaluation.
4.3 White House involvement
Background: The U.S. government’s attitude towards blockchain technology is shifting from regulatory pressure to cooperation and support. Projects in which the White House is involved may involve areas such as decentralized identity, supply chain management or financial innovation.
The figure shows that projects such as SOL, XRP, and HBAR are involved in the White House, indicating that they may play an important role in policy formulation.
4.4 Advantages of Made in America
Background: In the context of Sino-US science and technology competition, the U.S. government may give priority to supporting its own blockchain projects to ensure technological sovereignty.
The figure shows that projects labeled “Made in USA”(such as ALGO, GRT, HNT) may gain long-term development advantages with policy support.
5. Potential market impact
5.1 Central regional projects (SOL, XRP, ADA)
Market outlook: These projects have become the biggest winners due to triple benefits and may attract more institutional funds and retail investors.
Specific impact:
SOL: Solana’s high performance may make it the first choice in the DeFi and NFT sectors, and ETF approval may drive its price higher further.
XRP: If its legal issues with the SEC are resolved, approval of ETFs may trigger large-scale capital inflows.
ADA: Cardano’s scientific methods may give it more advantages in government cooperation and have great long-term development potential.
5.2 ETF-related projects (BTC, ETH, AVAX, etc.)
Market prospects: The launch of ETFs will bring more institutional funds to these projects and enhance market value.
Specific impact:
BTC and ETH: ETF has been approved and its market position is solid. Trump’s mention may further attract retail investors.
AVAX, SUI, NEAR: If ETFs are approved, they may become the beneficiaries of the next wave of high-performance blockchains.
5.3 Trump mentioned projects (TRUMP, MELANIA, UNI, etc.)
Market outlook: These projects may rise due to hype in the short term, but the long-term value depends on their fundamentals.
Specific impact:
TRUMP, MELANIA: Memo coins have obvious characteristics and high volatility, making them suitable for short-term speculation.
UNI, OP: DeFi and Layer 2 projects have strong technical strength, and Trump’s mention may bring more attention to them.
5.4 White House participation in projects (HBAR, LINK, DOT, etc.)
Market prospects: These projects may receive more government contracts or policy support and have great long-term development potential.
Specific impact:
HBAR: Enterprise applications may give it an advantage in government cooperation.
LINK: The widespread use of Oracle services may make it a bridge for cooperation between DeFi and the government.
6. Summary
The biggest winner: Solana, XRP and Cardano have become core beneficiaries by simultaneously satisfying triple benefits and may perform well in terms of policy support and market performance.
Market leaders: Bitcoin and Ethereum continue to dominate, with ETF and Trump mentioning adding more attention to it.
Policy support: Projects in which the White House is involved (such as HBAR, LINK) may benefit from government cooperation in the long term.
Made in the United States: Projects originating in the United States (such as ALGO, GRT) may gain a competitive advantage with policy support.
