Eric Trump's Public Backing of Ethereum (ETH) Has Led to Impressive Surges Despite the Current Bear Market Situation – What Does This Mean For Other Coins?

Eric Trump's recent endorsement of Ethereum (ETH) has notably impacted its market performance. On February 3, 2025, he tweeted, “In my opinion, it's a great

The crypto market is still seeing some turbulence after recent events like China’s DeepSeek release and Donald Trump’s new tariffs on neighboring countries, but recent tweets from Eric Trump have surprised the crypto community.

He voiced his optimism regarding Ethereum’s potential which led to an all-time high volume of $38 billion – leading to other altcoins rallying amid the news.

This event could set the stage for upcoming projects like Solaxy ($SOLX), MIND of Pepe ($MIND), and Best Wallet Token ($BEST) to follow along and bring massive returns upon release.

Let’s check out the details.

Eric Trump’s Public Backing Of Ethereum Has Led To Impressive Surges Despite The Current Bear Market Situation – What Does This Mean For Other Coins?

Eric Trump’s recent endorsement of Ethereum (ETH) has notably impacted its market performance.

On February 3, 2025, he tweeted, “In my opinion, it’s a great time to add $ETH,” which coincided with a significant price surge. Following a dip to approximately $2,368 due to market volatility, ETH rebounded to over $2,900 within 24 hours, only to dip back below $2,800.

This endorsement not only boosted Ethereum’s price but also led to a record daily trading volume of $38 billion.

Ethereum is currently trading around the $2,763 mark which is a slight decrease from this initial surge but still, it seems like it’s a good starting point for the next big rally.

The Trump family’s increasing involvement in crypto, including ventures like World Liberty Financial, suggests a growing mainstream acceptance.

With the president himself promising to create a more favorable environment for crypto, investors are expecting even bigger changes in the market due to these high-profile presales.

Solaxy ($SOLX) Aims To Improve Solana’s Network With Its Brand New Layer-2 Blockchain

Solaxy ($SOLX) is a new utility-based project that introduces the first Layer-2 solution for Solana that significantly impacts how this network operates.

Thanks to this layered structure, traffic is diverted from Solana’s mainnet which lowers congestion and allows for much greater scalability.

Subsequently, it increases the transaction speeds while lowering the costs, making this project ideal for day traders or in the current bear market times.

It also features cross-chain operability, which means that Ethereum users can seamlessly swap to Solana, utilizing the benefits of both of these networks.

This project is also strongly backed by ClayBro – an influential crypto YouTuber who made numerous videos about its long-term potential.

The presale just passed $18 million in fundraising, making this the perfect timing to buy $SOLX and jump on board.

MIND Of Pepe ($MIND) Introduces Its Own AI Agent Designed To Help Users With Its Suggestions – It’s Also Capable Of Developing Projects And Managing Its Social Media Presence

MIND of Pepe ($MIND) capitalizes on the growing hype for artificial intelligence and delivers an AI agent that is far more than a market assistant.

It analyzes real-time market data and any potential events that could impact its trajectory and delivers up-to-date suggestions for traders and their next moves.

Besides that, it also has the power to create its own projects and with its fully automated social media service, it can boost its marketing and visibility.

Although it’s still in the presale stage, it has managed to generate $5.1 million, reflecting how much investors believe in this project.

Safety is a top priority as it passed audits from both Coinsult and SolidProof which give it a stamp of approval as a reliable platform.

Investors can join the presale by purchasing $MIND at the current rate of $0.0032662 per token.

Best Wallet Token ($BEST) Is Attracting A Wide Array Of Investors Thanks To Its Massively Successful Presale

Best Wallet Token ($BEST) is making headlines with its massively successful presale that has generated $9.1 million in fundraising.

This all-in-one mobile wallet is designed for seamless asset management and supports over 60 networks, allowing users to store, trade, and stake tokens effortlessly.

Its built-in decentralized exchange (DEX) sources prices from 200+ platforms, ensuring optimal trade execution.

Holding $BEST unlocks exclusive benefits, including lower transaction fees, governance participation, and access to early-stage presale projects.

Staking rewards are also a major highlight, with yields reaching an impressive 188% APY and over 141 million tokens already locked.

Future plans include an NFT gallery, portfolio tracking tools, and a crypto debit card with cashback making it ideal to secure your tokens now and seize maximum profits.