Justin Sun, founder of Tron's blockchain, urged the crypto community to support a pro-crypto candidate in the upcoming US presidential elections in November. In a social media post on May 26, Sun highlighted the need to back a candidate who endorses cryptocurrencies to ensure the industry's interests are safeguarded. He stated:

"We should support a presidential candidate who endorses cryptocurrencies. We need to demonstrate to the candidate that the cryptocurrency community, companies, and protocols are significant stakeholders whose voices should be heard and whose interests should be protected."

The upcoming election is seen as a pivotal opportunity for the crypto community to influence regulatory policies by supporting a candidate who advocates for the industry's integration and growth within the broader economy.

**Biden, Trump Jostle for Crypto**

Sun's call comes amid evolving US regulatory attitudes toward cryptocurrencies. Crypto has become a significant political issue, with bipartisan support emerging for two crypto-related bills—SAB121 and the FIT21 Act, which aim to improve the regulatory framework and provide clarity for the industry.

Moreover, the traditionally crypto-skeptic SEC has recently approved spot Ethereum ETFs, signaling a shift in its stance. These developments suggest a significant change for President Joe Biden's administration, which had previously favored stringent regulation. The White House is also showing interest in working with Congress on effective crypto regulations.

Experts attribute this regulatory shift to former President Donald Trump's newfound pro-crypto position, enhancing his re-election prospects. According to Polymarket, Trump has a 56% chance of winning the election, compared to Biden's 38%. Despite his previous opposition to crypto, Trump has recently made several pro-crypto statements and actions. He has pledged US leadership in the crypto sector, promised to release imprisoned Silk Road founder Ross Ulbricht, and his campaign now accepts crypto donations, making him the first major candidate to do so.