- The U.S. crypto market is turning a new leaf, thanks to President Donald Trump’s pro-crypto regulations.
- As momentum builds, several U.S.-based coins, EOS, SUI, KAS, EIGEN, and ONDO, are on the radar this weekend.
A lot has been happening in the crypto space. The new SEC Chair is working on guidelines for distributing crypto tokens classified as securities and considering whether more exemptions are needed. Meanwhile, World Liberty Financial (WLFI), an organization linked to Donald Trump, is diving deeper into crypto, drawing skepticism from both lawmakers and the community. Let’s have a look at some of the U.S.-based tokens that may be feeling the effects of this.
EOS
Just yesterday, WLFI reportedly spent nearly $3 million worth of USDT to buy about 3.36 million EOS, which pushed the price 9% up to about $0.85. EOS has since dropped to $0.79, and there has been a 29.4% surge in the past month.
In related news, a Dubai-based exchange, Bybit, has announced it will support EOS’s rebrand to Vaulta (A), with a 1:1 token swap. The new ticker will be “A” on Bybit. With this in mind, an analyst noted EOS could target $2.00–$2.50 if it holds above $0.75, but warned it might drop to $0.663 if momentum fades.
ONDO
ONDO serves as the native governance token within the Ondo Finance ecosystem, enabling holders to participate in decision-making processes related to the platform’s development and operations. It was launched in January 2024 at an initial price of approximately $0.09 and reached an all-time high of $2.10 by December 2024. As of now, ONDO is trading at $0.9172, with a total supply of 10 billion.
Its ecosystem has seen some recent activity. As CNF reports, Ondo now facilitates 24/7 conversion between OUSG and PYUSD without wait or charges, giving users greater flexibility to access tokenized Treasuries. In addition, the platform has built strategic partnerships with Chainlink and JPMorgan.
SUI
Built by Mysten Labs, Sui is a fast, scalable Layer 1 blockchain focused on delivering smooth, user-friendly experiences. Since launching its mainnet in May 2023, it’s made serious waves, racking up over 150 million active accounts and processing more than 10 billion transactions. The team even posted on X recently: “Just reached $1B in stablecoin supply (USDC, FDUSD, AUSD, USDY, BUCK). Probably nothing.”
SUI has been on a strong upward trend over the past month, climbing 79.65%. Despite a slight 3.3% dip in the last 24 hours, it’s currently trading at $3.78. If momentum holds, it could break past resistance at $3.89 and make a move toward $4.24. On the flip side, if things cool off, it may drop back to test support around $3.33.
KAS
Kaspa recently unlocked 144.64 million KAS tokens on May 7, about 0.55% of its circulating supply, potentially fueling its 9.3% price surge over the past week. Despite the momentum, KAS is still trading 44% below its all-time high, currently priced at $0.1136. If the rally continues, the token could test resistance at $0.155, and a breakout might push it toward $0.188.
KAS runs on a proof-of-work system and uses the GHOSTDAG protocol, which lets multiple blocks coexist and be arranged in consensus, boosting both speed and scalability. Launched in 2021 without an ICO, Kaspa prides itself on fair, decentralized distribution through mining.
EIGEN
EigenLayer is pioneering the concept of “restaking” in the Ethereum ecosystem. This is allowing users to repurpose their staked ETH to secure additional services beyond the Ethereum network. This approach enhances capital efficiency and security for various protocols.
Its native token, EIGEN, has not had an impressive 24 hours, down 11.3% and trading at $1.21. The layer just announced its collaboration with SOON for the SOON Acceleration Incentive Program. As per the program, SOON will reward a maximum of 349,800 EIGEN tokens on ecosystem grounds. Experts project that EIGEN can trade between $1.92 and $7.33 in 2026.
