Trump’s Crypto Summit: Market Impact and Hidden Growth Opportunities
Trump’s crypto summit announcement has already impacted the market: XRP and ADA surged on expectations of their role in U.S. reserves. However, this effect is already priced in, and a correction may follow the summit.
What Did Trump Choose?
Analyzing the list of invitees to the summit suggests that the foundation of future U.S. crypto policy revolves around “crypto gold” (#BTC) and “crypto silver” (#ETH). However, exclusively American L1 tokens have been added to this mix: #XRP, #SOL, and #ADA.
This indicates that the main players have already been determined, and their current prices reflect the summit’s impact.
Where to Look for Hidden Growth Opportunities?
If well-known L1 tokens have already factored in the summit’s influence, investors should look for assets that are still under the radar but have the potential to be integrated into the U.S. reserve system.
By analyzing the list of invitees, some promising intersections between U.S. financial institutions and emerging blockchain platforms stand out:
• #AVAX – Backing from Jeremy Allaire (Circle, USDC) and Paolo Ardoino (Tether) suggests Avalanche could play a role in the U.S. financial infrastructure.
• #NEAR – Investments from Matt Huang (Paradigm) and Marc Andreessen (a16z) indicate NEAR’s potential integration into the U.S. Web3 development strategy.
• #MOVE (Aptos, Sui) – Support from Marc Andreessen (a16z), Kyle Samani (Multicoin), and Arjun Sethi (Kraken) makes the Move ecosystem a strong candidate for digital asset development in the U.S.
Conclusion
The current L1 leaders (XRP, ADA, SOL) have already priced in the summit’s effect, making them less attractive for new investments. However, AVAX , NEAR, and MOVE remain under the radar despite support from major players. These assets could gain fresh momentum post-summit as the market starts searching for new promising investment opportunities.
