Best Altcoins To Buy As Trump Eyes Crypto-friendly Fed Chair

President Trump isn’t shy about shaking up the US government.

He’s already slashed government agencies through DOGE, replaced department heads that were thought to be safe in their jobs, and reversed course on lawsuits against the crypto industry.

Most notably for crypto enthusiasts, Trump appointed crypto-friendly economist Paul Atkins as the new Chairman of the Securities and Exchange Commission (SEC) to replace crypto public enemy #1 Gary Gensler. Atkins is expected to chart a much friendlier path for cryptocurrencies that leads to less regulation and more room for the industry to operate.

Now, rumors are flying that Trump could make a similar move at the Federal Reserve—ousting Fed Chair Jerome Powell midway through his term to replace him with someone more committed to lowering interest rates and nurturing the crypto industry. The frontrunner appears to be Kevin Warsh, an advisor at Bitwise (which offers Bitcoin ETFs) and a longtime backer of Bitcoin and other digital assets.

Warsh could institute a big economic shakeup with major implications for the crypto industry. Lower interest rates usually lead to bullish action around digital assets.

With that in mind, here are three tokens that could pop if Warsh takes over the Fed.

Solaxy

Solaxy ($SOLX) is a new altcoin that hasn’t yet traded on exchanges—it’s only available through a token presale that’s raised more than $30 million. The project is building the first-ever Layer-2 scaling solution for the Solana blockchain and it has the potential to become the most important hub for new development in the Solana ecosystem.

Solaxy especially stands to benefit from a low interest rate environment like the one Warsh could institute because of the network’s importance for meme coin traders. Solaxy offers lower gas fees and faster transaction processing compared to the Solana mainnet, so it could quickly become a hotspot for meme coin trading after the Layer-2 launches. Low interest rates encourage significantly increased meme coin trading volume, which in turn could drive activity on Solaxy and demand for its $SOLX gas token.

The fact that Solaxy is a new token could also play to its advantage in a low interest rate regime. If lower rates kick off a crypto bull market—as many analysts expect would be the case—investors and traders could flock to emerging tokens with higher growth potential than established altcoins. It’s a perfect storm of tailwinds for Solaxy that could help the $SOLX token’s price soar higher.

Aave

Aave ($AAVE) is one of the leading decentralized finance (DeFi) platforms for lending and borrowing cryptocurrency. It stands to be directly impacted by lower interest rates from the Fed because those impact the costs of borrowing crypto on the platform.

That’s because in a lower interest rate environment, it’s cheaper for traders and investors to borrow crypto through Aave since those funds can’t fetch higher rates in alternative markets like treasuries. So, more transaction volume and bigger loans can take place on Aave—and the platform uses some of its fees to buy back $AAVE tokens, increasing their value.

Aave could also see a surge in loan volume because of the bull market kicked off by lower interest rates. More trading and investment opportunities translate to greater demand for crypto loans. The $AAVE token is currently trading almost 80% below its price during the last crypto bull run—when interest rates were low—so there’s a huge potential for growth in this altcoin.

Toncoin

Toncoin ($TON) is a Layer-1 blockchain developed in partnership with Telegram, the world’s largest messaging app. It’s not directly impacted by lower interest rates, but we think $TON has the potential to be one of the biggest winners in a sustained crypto bull market driven by reduced interest rates. It’s among the only major altcoins that didn’t see the last bull run in 2021-2022, so Toncoin hasn’t yet experienced the full-blown growth that comes during an extended period of low rates.

Toncoin has only just begun to tap into the potential audience of nearly 1 billion global users on Telegram. Rising token prices could reignite interest in crypto, especially in countries with shaky financial systems or high inflation. Since many of these people are already on Telegram—and have access to the messaging app’s Toncoin integrations and wallet—they could turn to $TON over other altcoins.

$TON has a market cap of more than $7 billion, so it’s hardly a small player in the altcoin market. But after the recent crypto pullback, it’s trading 63% below its all-time high and 10x smaller than competing Layer-1 networks like Solana. So, we think there’s a lot of room for the $TON token price to surge higher as Toncoin gains more attention.

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