Jan 24: Trump Signs Crypto Executive Order & Makes Davos Declaration

Here's What We're Covering Today:

1. Trump declared at Davos that he wants the US to become a hub for AI + crypto, and he signed an Executive Order regarding crypto.
2. Solana-based stablecoin supply hits a new peak, surpassing $10 billion, and SOL becomes the first blockchain in history to surpass $200B in monthly DEX trading volume.
3. Vitalik Calls for added focus on Ether as part of the network's scaling plans amidst a leadership shakeup at the Ethereum Foundation.
4. Rune drops 30% as THORChain suspends THORFi operations amid ‘restructuring’ efforts.
5. SEC rescinds controversial crypto accounting guidance SAB 121, which indicates a regulatory shift.

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