**Introduction**
Amid the gradual shaping of the cryptocurrency policy under the Trump administration, the future of the crypto industry is undoubtedly poised to experience a new wave of development. One of the core elements of this wave is decentralized finance (DeFi), and the policy support from the Trump administration will provide more room for innovation and capital liquidity within the industry. As a result, several key DeFi protocols and projects have gradually emerged, becoming new highlights in the market.
**Trump and His Family’s Crypto Strategy**
Trump and his family’s involvement in the cryptocurrency industry has evolved from early NFT releases to the current World Liberty Financial (WLFI) project, which focuses on decentralized finance (DeFi) platforms and offers innovative financial solutions. The WLFI project not only reflects their positioning in crypto assets through the purchase of tokens such as ETH, AAVE, and LINK, but also represents the core direction Trump is pushing for the development of cryptocurrencies. In a certain sense, the project may lead the U.S. government’s new approach to cryptocurrency regulation, especially with the passage of the *21st Century Financial Innovation and Technology Act*, which will provide legitimacy and transparency for decentralized and functional tokens in the crypto industry.
**Crypto Holdings of Trump’s Cabinet Members**
Several cabinet members nominated by Trump, including David Sachs and Robert F. Kennedy Jr., are firm supporters of cryptocurrencies. Notably, David Sachs not only holds significant amounts of Bitcoin and Solana but has also invested in several crypto projects through his venture capital firm. Robert F. Kennedy Jr., during his campaign, also purchased Bitcoin and publicly expressed his support for cryptocurrencies, even proposing policies to back the U.S. dollar with hard assets such as Bitcoin.
The inclusion of these crypto-friendly figures not only helps push the U.S. government’s crypto policies forward but also further accelerates the development of the cryptocurrency industry.
**Latest Price Trends for Bitcoin (BTC) & Solana (SOL)**
| Coin | Price | 24H Change | 24H Trading Volume | Market Cap | 7-Day Price Trend |
|——|——-|————|——————–|————|——————-|
| **BTC** | $102,361.58 | -2.4% | $96.89 Billion | $2023.65 Billion |  |
| **SOL** | $210.27 | -3.42% | $7.12 Billion | $100.62 Billion |  |
**Trump’s Crypto-Friendly Policies**
As Trump is set to take office, several favorable policies for cryptocurrencies are expected to be introduced:
1. **Bitcoin Strategic Reserves**: Trump intends to establish a national Bitcoin reserve, akin to the U.S. strategic oil reserves, to strengthen the country’s leading position in the global crypto space.
2. **Legalization of Cryptocurrencies**: The normalization of cryptocurrency legalization will become a key issue under the Trump administration, with expectations of a more relaxed policy environment for cryptocurrencies and related technologies.
3. **Crypto ETFs and Debt Plans**: Under Trump’s influence, the U.S. may approve more cryptocurrency ETFs, thereby enhancing the dollar’s pricing power in crypto assets and encouraging capital flow into the crypto market.
4. **Policy Support for DeFi**: The Trump administration may create a more favorable environment for DeFi protocols and support the development of platforms such as AAVE and Hyperliquid, which specialize in lending and derivatives trading.
**DeFi Market Revival**
With the onset of the U.S. interest rate cuts, DeFi has once again become a focal point for capital. Lower interest rates in traditional financial products have led to decreased returns, while DeFi’s high yields and decentralized features have attracted more investors. For instance, AAVE, a leading DeFi lending protocol, has launched its V4 version, further optimizing liquidity management and cross-chain capabilities, demonstrating a strong market recovery momentum. Meanwhile, derivatives trading platform Hyperliquid has rapidly risen, leveraging technological innovations in decentralized perpetual contract trading and efficient market share integration to become one of the strongest DeFi dark horses in 2024.
**Conclusion**
With the support of Trump and his cabinet members, the future crypto market will experience unprecedented policy advantages, with DeFi being one of the main driving forces behind rapid development. DeFi projects such as AAVE and Hyperliquid have already shown strong market potential, and the full legalization of crypto assets and related policies may further propel the flourishing growth of the DeFi ecosystem.
At the same time, Trump’s strategic layout in the crypto space, including Bitcoin reserves and the introduction of crypto ETFs, will provide strong support for the long-term development of the cryptocurrency industry. The revival and innovation of DeFi, along with exchanges and platforms supporting related tokens, will be crucial trends in the future crypto market.
As the cryptocurrency industry benefits from both policy relaxation and capital inflows, the DeFi market is likely to experience explosive growth, emerging as a new pillar of the digital economy.
