The upcoming US presidential election is shaping up to be a pivotal moment for the cryptocurrency industry. With polling data indicating a tight race between President Joe Biden and former President Donald Trump, cryptocurrency policy has emerged as a key issue that could sway the outcome. Recent polls suggest that a significant number of voters own cryptocurrency, and nearly half expect it to be part of their investment portfolio in the future.

Trump has positioned himself as the "crypto candidate," meeting with Bitcoin miners and calling for more support for the industry. On the other hand, President Biden's veto of a bipartisan bill to repeal the SEC Staff Accounting Bulletin (SAB) No. 121, which makes it harder for banks to custody crypto, could have political implications.

The outcome of the election could have significant implications for the cryptocurrency industry, with a Trump presidency potentially leading to a more favorable regulatory environment. However, it's important to note that cryptocurrency policy is just one of many issues that voters will consider in the election, and it remains to be seen how much weight it will carry in the final decision.

As the election approaches, cryptocurrency investors and enthusiasts are eagerly watching the developments, knowing that the outcome could shape the future of digital assets in the US. Will cryptocurrency policy play a decisive role in the election, or will other issues take center stage? Only time will tell.

Meanwhile, in the world of cryptocurrency, Solana (SOL) has seen significant price movements in 2023, rising from below $20 to over $200 several times. Despite recent declines, AI algorithms predict a major breakout for SOL in late 2024, with prices expected to surge to $365 by the end of December. However, technical analysis warns of potential invalid predictions if key support levels are breached.

As the cryptocurrency market continues to evolve, one thing is clear: the intersection of cryptocurrency and politics will play an increasingly important role in shaping the future of digital assets. Stay tuned for further developments in this exciting space.