Ivan on Tech discusses the crypto market’s reaction to Trump’s inauguration and key developments shaping the space. The market saw a dip when Trump didn’t mention crypto during his speech, despite his company reportedly buying millions in Bitcoin, Ethereum, and other altcoins on the same day. Ivan points out the market’s impatience, focusing on immediate expectations instead of significant actions, such as institutional-level purchases.
Building on this theme, Ivan examines how different players in the crypto space are responding to opportunities. He criticizes the Ethereum Foundation for lacking urgency and failing to capitalize on trends like AI and Web3 integration. According to Ivan, this slow approach risks Ethereum losing ground to competitors like Solana, which is aggressively advancing with strong performance in decentralized trading and minting. Solana’s recent record-breaking activity on decentralized exchanges, Ivan argues, reflects its ability to focus on real-world use cases that attract users.
Ripple also enters the discussion, with claims that Bank of America is using XRP for transactions. While this sparked excitement among XRP supporters, Ivan remains cautious. He notes that partnerships with large corporations often depend on internal champions and can shift over time, making it uncertain how impactful such developments will be.
Ivan wraps up by emphasizing the importance of long-term perspective in crypto. While he acknowledges challenges for Ethereum and Ripple, he highlights the strong signals of growth and innovation across the industry. His advice to viewers: focus on the big picture and stay grounded in fundamentals rather than chasing short-term market noise.
