Ether has increased by 10% over the last 24 hours, surpassing $2,800, amidst other cryptocurrencies experiencing profit-taking. This upsurge is attributed to renewed optimism in DeFi following Donald Trump's presidential win, with expectations of more pro-crypto policies and potential deregulation boosting investor confidence. Trump's administration may ease regulatory burdens, allowing DeFi projects greater operational freedom while recognizing some tokens as commodities. Arthur Cheong, co-founder of DeFiance Capital, noted that this marks a maturation phase for DeFi, with certain projects, like Aave, exceeding their previous revenue peaks, signaling potential long-term scalability. Traders have responded positively to Trump's leadership, with rising sentiment tracked for DeFi on social media. DeFi indexes are up by an average of 22% in the past 24 hours, illustrating the growing demand for ETH and DeFi tokens in this shifting regulatory landscape.

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