Following Donald Trump’s victory in Tuesday’s election, members of the crypto community are optimistic about the approval of altcoin-focused ETFs, including Solana, XRP, and Litecoin.
Unlike the previous administration, Trump's pro-crypto stance encourages Wall Street to push forward with ETF applications, with a renewed hope for success.
Solana ETFs are most likely to gain approval due to its strong performance and clearer narrative, while XRP may face challenges.
Bitcoin has reached new highs following the election results, reflecting optimism for a favorable regulatory environment, with Bernstein analysts predicting its price to reach $200,000 by 2025.