ConsenSys CEO Joseph Lubin recently suggested that US President Donald Trump's family could “build one or more giant companies” on ethereum (eth). Responding to an x thread about Trump's recent eth purchases, Lubin <a target="_blank" href="https://x.com/ethereumJoseph/status/1881742748501279176″ target=”_blank” rel=”noopener nofollow”>fixed that the Trump Administration is exploring ways the United States could support ethereum.
Will the Trump family start business on ethereum?
After relatively subdued price performance and limited public attention in 2024, eth may be poised for a resurgence in 2025. In a post on x, crypto expert DCinvestor highlighted that the Trump-backed decentralized finance (DeFi) company , World Liberty Financial, has significantly increased its eth Holdings.
Etherscan data reveals that World Liberty Financial's wallet currently contains 55,719 eth, valued at over $183 million at the time of writing. Lubin's recent comments hint at deeper Trump family involvement in the cryptocurrency industry. He said:
The Trump Administration will do what is good for the US and that will involve eth, considerations for how the US can support ethereum, the largest and most capable decentralized protocol ecosystem for the benefit of the US. in the US, and perhaps eventually use ethereum technology in government activities. just as they currently use the Internet and web protocols.
Lubin further noted that in addition to ethereum, the Trump family could interact with other blockchain ecosystems, such as bitcoin and Solana. the recent launch of the official Trump meme token on Solana seems to validate this claim.
In addition to eth, the World Liberty Financial wallet holds other tokens such as Aave (AAVE) and Chainlink (LINK). The DeFi project is expected to go live soon.
Analysts Expect eth Rally Soon
As ethereum continues to trade in the low $3,000 range, crypto analysts are turning increasingly Confident of an imminent rally for the second-largest digital asset by market cap.
Experienced cryptocurrency trader Michael van de Poppe <a target="_blank" href="https://x.com/CryptoMichNL/status/1882078516847538192″ target=”_blank” rel=”noopener nofollow”>highlighted World Liberty Financial's increasing eth exposure as a bullish sign for the cryptocurrency. Poppe added that 2025 could mark a turning point for ethereum's performance.
From a technical perspective, crypto analyst Jelle shared a weekly chart of eth that illustrates a bullish inverse head and shoulders pattern forming, along with a massive ascending triangle that ethereum could soon break out of.
Similarly, crypto analyst TraderSZ shared the following daily chart of eth, which shows a bullish descending triangle pattern. The analyst remains long-term bullish on eth, projecting targets as high as $10,000.
However, ethereum's prolonged underperformance has begun to nick the trust of some whales. At press time, eth is trading at $3,278, down 1% in the last 24 hours.
Featured image from Unsplash.com, x charts and TradingView.com
