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It’s inauguration day and in the lead up to today, the incoming leader of the free world launched a market-leading coin with a valuation exceeding $10B, named after himself. The global reach and speed at which $TRUMP surged signal a paradigm shift in capital formation as crypto becomes increasingly mainstream.

Could this be the catalyst that drives the anticipated alt-coin season? Launching $TRUMP on SOL proves to be a significant endorsement of the chain, making it plausible that the SOL ETF could gain approval much earlier than expected. With increased media exposure from similar launches, retail inflows are likely to come streaming in.

Apart from memecoins, BTC appears poised to break higher with funding exceeding 65% on Deribit. Saylor added fuel to speculation with a tweet yesterday, sharing his trademark “Saylor Tracker” which usually signals another round of buying, and a cryptic message, “Things will be different tomorrow”, creating additional suspense on Trump’s Day 1.

The launch of Trump’s memecoin appeals not only to the retail memecoin moonshot masses, but also to major institutions as it solidifies the president’s pro-crypto stance. This week, institutional investors are on the edge of their seats, awaiting concrete pro-crypto policies that could significantly influence the future of the economy. The global ripple effects of this clear US “green light” for crypto adoption have yet to fully materialize.