Highlights
Tron founder Justin was one of the speakers at the Bitcoin 2025 conference during a panel discussion. During his speech, the crypto founder commented on Donald Trump’s impact on Bitcoin and the crypto industry, describing the president’s support as being genuine.
During the Bitcoin 2025 conference, the Tron founder asserted that Donald Trump has really shown his commitment to Bitcoin and the whole crypto ecosystem. He further remarked that the BTC price would have been unable to surge past the $100,000 market without the president’s influence.
In line with this, Sun opined that Trump’s support is really enormous and important to the whole crypto industry. Indeed, the Bitcoin price surged past the psychological $100,000 mark for the first time last year following the president’s victory over Kamala Harris in the November presidential elections.
Sun’s statement comes following the Trump crypto dinner, which he attended as the top holder of the TRUMP meme coin. Before then, the Tron founder had already invested $75 million in World Liberty Financial (WLFI), a company that has ties to the president.
Donald Trump recently asserted that the US is dominating in crypto and Bitcoin and that they intend to keep it that way. The president has already signed an executive order to create a Strategic Bitcoin Reserve. During the conference, the president’s Executive Director of Digital Assets stated that the US is on its way to “becoming the Bitcoin superpower of the world.
As CoinGape reported, pro-Bitcoin Senator Cynthia Lummis revealed that the US Senate will discuss the BITCOIN Act next week. The bill, proposed by Senator Lummis, forms part of plans to achieve Donald Trump’s vision of making the US the crypto capital.
If passed, the BITCOIN Act will allow the US to purchase 1 million BTC over the next five years for the Strategic Bitcoin Reserve. The Senate is currently deliberating on the Stablecoin bill, which could become the first major regulatory framework for the crypto industry.
During her speech at the conference, Lummis also confirmed that Trump supports the BITCOIN Act, indicating that the president will assent to the bill. She also commented on the US current BTC holdings, stating that the country currently holds around 200,000 BTC. However, the senator added that she is not certain because the government has classified the information following a mandated audit from the White House.
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