Part 4/8:
The second catalyst is the commencement of Donald Trump’s new term as President. While his support of Ethereum may not be overt, his administration has shown signs of promoting the platform, such as issuing NFTs on Ethereum and initiating a decentralized finance (DeFi) platform. Moreover, the anticipated leadership changes within the SEC under Trump's administration could streamline regulatory hurdles for Ethereum-focused DeFi protocols, thus attracting institutional investments.
The potential reopening of staking options for Ethereum ETFs under a new SEC chair could further enhance the attractiveness of Ethereum, promising greater profitability for institutional investors.