TechFlow reported on November 13 that, according to Cointelegraph, Consensys CEO Joe Lubin stated Donald Trump's election victory could be particularly beneficial for Ethereum. Speaking at Devcon 2024 in Thailand, Lubin noted that the long-standing pressure from the U.S. Securities and Exchange Commission (SEC) on Ethereum might ease following Trump's win. Since November 5, Ether's price has risen 23% to $3,200. Lubin expressed hope for a smooth transition in SEC leadership to foster Ethereum's development.
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