The U.S. President Trump has issued a $100 billion cryptocurrency.
This morning, Trump personally appeared at Solana to launch a meme coin named TRUMP after himself. As of the time of writing, the market cap of TRUMP has surpassed 10 billion USD.

It was this image that, within 4 hours, created a new record in crypto history. Never before has a new coin achieved a staggering 20 billion USD in on-chain value within 4 hours.
At a time when cryptocurrency memes related to elections had long faded, Trump, using his official account and creating historic data, announced his arrival in the crypto world. The market also welcomed him with open arms, as evidenced by the 20 billion USD in trading volume.
This is an absolute boon for the cryptocurrency industry. A crypto meme with a total market cap of 10 billion USD has broken through the market ceiling, expanding the realm of possibilities for funding. At this point, what this coin can actually do is no longer important. Everyone just needs to understand that when the U.S. president personally launches a coin, the significance of this action for the crypto industry far exceeds imagination.
Next Monday, Trump will officially begin his second term as President of the United States. After an expensive election season, the crypto industry has finally welcomed its own president.
Thanks to Trump's commitment to establish a strategic Bitcoin reserve, his victory has given Bitcoin significant momentum. Meanwhile, Ethereum ecosystem infrastructure applications led by AAVE also shone brightly during the "Trump rally" in December last year, with the market believing that ETH is poised to reach new highs in the upcoming market.
However, some industry insiders now believe that Trump's inauguration may bring even greater benefits to networks like Solana, which focus more on real-world use cases rather than reserve assets.
In the week leading up to Trump's inauguration, SOL's price rose by 19%. On January 16, according to the New York Post cited by @tier10k, Trump has an "open mind" about the idea of digital currencies issued in the United States (such as Solana, USD Coin, and Ripple) serving as strategic reserves. After this news spread, SOL's price further rose by 5%.

"When hearing these rumors, one should be skeptical unless this information comes directly from Trump himself or his team," Griff wrote in a post on X platform yesterday. "You should also consider why these details are appearing in the media—who might be putting them there?"
Trump's Crypto New Policy Boosts SOL
Reuters reported that, according to three sources familiar with the matter, senior Republican officials at the SEC plan to start a comprehensive overhaul of the agency's cryptocurrency policy as early as next week, after Trump takes office.
Related Reading: "White House to Start Crypto-Friendly Era: Counting Trump's 'Crypto Squad'"
Two of the sources stated that Commissioners Hester Peirce and Mark Uyeda are considering measures including: initiating a process to develop guidance or rules to clarify under what circumstances the agency would consider a cryptocurrency a security, and reviewing some cryptocurrency enforcement cases currently in litigation.
In 2023, the SEC sued Coinbase and Binance, alleging that these cryptocurrency exchanges were acting as unregistered brokers by facilitating trades of various tokens including SOL.
By defining SOL as a security, the SEC led by Gary Gensler indicated that U.S. companies trading the token would be breaking the law, as the SEC has only issued two special-purpose broker-dealer licenses, neither of which offer SOL trading.
Although the SEC has dropped the charges against Solana in the lawsuit against Binance, if the enforcement action against Coinbase is also halted, a major obstacle the network faced would be removed.
Possibility of SOL ETF?
As concerns over Solana's unregistered security status subside, some have begun looking towards the prospect of a SOL ETF, which could see a regulated Solana investment vehicle listed for trading on public stock exchanges. Predictions on Polymarket suggest a 75% likelihood of an approved SOL ETF by 2025, but Leah Wald, CEO of Sol Strategies, stated in a recent interview that she does not believe a Solana ETF will be approved in the near term.
Under the Trump presidency and in a more crypto-friendly regulatory environment, Solana may also receive a more qualitatively immeasurable intangible benefit.
Titus Capilnean, VP of Market Expansion at Civic Technologies, stated that while the regulatory status of SOL remains unclear, developers are mainly focusing on driving meme coin transactions, which is "actually a form of protest against unclear SEC regulations."
Capilnean points out that with the advent of Trump, the crypto industry "may shift from mere speculation to growth driven by utility, with developers having more confidence to launch more complex applications without worrying about encountering regulatory resistance."
Over the past year, many American Solana developers have indicated that if regulation becomes clear, the opportunity for their products to find market fit will significantly increase. Now is the moment for them to prove this.
This morning's TRUMP may be a proof of this concept. "Wildness" has always been Trump's label. By personally issuing a coin and choosing a chain like Solana with a broad grassroots base, especially after the precedent of GME, the power of retail investors is worth imagining.
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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.
The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.
Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.
Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.
The trading process has been streamlined into five steps:
· Choose the trading asset
· Select long or short
· Input position size and leverage
· Confirm order details
· Confirm and open the position
The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.
Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:
· End-to-end encrypted private groups supporting up to 1024 members
· End-to-end encrypted voice communication
· One-click position sharing
· One-click trade copying
On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.
By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.
Mixin has also introduced a referral incentive system based on trading behavior:
· Users can join with an invite code
· Up to 60% of trading fees as referral rewards
· Incentive mechanism designed for long-term, sustainable earnings
This model aims to drive user-driven network expansion and organic growth.
Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:
· Separation of transaction account and asset storage
· User full control over assets
· Platform does not custody user funds
· Built-in privacy mechanisms to reduce data exposure
The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.
Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.
The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.
Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.
This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."
The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.
Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.
Its core capabilities include:
· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations
· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets
· Decentralization: achieving full user control over assets without relying on custodial intermediaries
· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication
Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.

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