According to Cointelegraph, David Sacks, the newly appointed head of cryptocurrency in the Trump administration, is a staunch supporter of Solana and also an investor in cryptocurrency investment firm MulticoinCapital. In October 2021, David Sacks publicly disclosed in episode 50 of the "All In" podcast that he had purchased a large quantity of Solana (SOL) at a discounted price. And he stated that he did not sell SOL after the FTX crash. And it was mentioned that Solana has the potential to replace Ethereum as the preferred blockchain platform. Previously, Trump appointed David Sacks as the head of the encryption field. And the VC founded by David Sacks has invested in encryption projects such as dYdX and LightningLabs. @ftihfhhhf