“If you decompose it, there are a lot of moving components in the backend whose people are not necessarily aware,” explains Anurag Arjun, co -founder of Crypto Infrastructure Startup Dovid and Polygon, a cryptographic network designed to quickly treat a large number transactions.
Until the end of 2023, when the First Inklings Of the frenzy of the same was beginning to show, Solana was a Relative ghost city. With anyone who uses the network, the services built at the top should remain on leftovers. He’s staying Very few applications based on Solana Built for purposes other than financial speculation. “There are a lot of jokes about the development of Solana as a chewing glass,” says Tom. “It can be very difficult.”
Same has already been despised as not unbalanced And therefore potentially harmful to the cryptographic industry because it strives of validity. The Trump room in particular has been strongly criticized as “Grab of money.“However, the arrival of pieces like Trump could have important second -rate advantages for cryptographic networks more broadly, the creation of a steering wheel by which the arrival of the same players attracts developers who want to create other applications to use. Once people are equipped with a Solana portfolio, the theory is, they are more likely to engage with applications based on Solana of all kinds – whether social platforms, games or musical services – to A sustainable increase in network activity.
“Many application teams will target these new users,” says Arjun. “A same is an example of what can work on this infrastructure.”
Trump’s launch is also important for what it involves about the attitude of the American government to crypto, according to experts. Industry has complains for a long time on the absence of explicit rules governing the issuance of new parts in the United States; Given that he has the president’s printur, the launch of Trump could be interpreted as a tacit authorization.
“This will create a kind of decision that will take place in all the different agencies: America adopts Crypto,” explains Demelza Hays, head of the digital asset portfolio of the Zeltner & Co investment company and chief economist of the Crypto Trade Publication Cointelegraph. “I think we will see [many] Celebrity same.
As with the launch of Trump, the exchanges and other components of the Solana Memecoin supply chain are mainly to be won, not traders.
“Exchanging the same is like betting on roulette. Make a bet on Solana himself is like betting all over the casino, ”explains Hays. “When there is a higher commercial volume, we will certainly see [the exchanges] Do very well.
While Raydium is likely to benefit from any potential effect of the steering wheel created by the frenzy of the same and the embrace of the crypto by the United States, Tom finds himself in conflict on Trump.
“Raydium activities are to facilitate volume. We try to adopt a very agnostic approach to the tokens available on the platform, ”he says. “And having the most powerful person in the world, choose Solana to launch their same, whatever the pretext, is a huge indication of the place where Solana is at the moment.”
But for an industry that has long struggled to overcome Fact on its reputationSaid Tom, the immediate large sugar created by the launch of Trump may not be valid for the negative attention that the part attracts for any loss suffered by regular investors.
“In the half-decade that I spent working in this space, I was categorical to try to divert the story from the default value: that there are many fatty and harmful activities that occur in The crypto, ”explains Tom. “I am very aware of this reputation.”
Two days after Trump’s start, First Lady Melania Trump launched her own same. His criticisms expressed a similar Concern chorus linked to conflicts of alleged interests.
The White House did not respond to a request for comments. A request submitted to an email listed on the website for the Melania Memecoin remained unanswered.
The day of the launch of the Trump was a thrill, but now Tom felt deflated. “I was like: it doesn’t feel as well as yesterday,” he says. “I certainly did not buy from Melania.”
