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Home BUSINESS

Trump’s Memecoin Launch Sparks Massive Surge in Crypto App Downloads: Retail is Coming

Michael Juanico by Michael Juanico
January 21, 2025
in BUSINESS, CRYPTO, TECHNOLOGY
Reading Time: 2 mins read
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  • TRUMP memecoin’s $75 billion surge boosted Solana’s price to an all-time high, highlighting its blockchain’s growing appeal.
  • Crypto wallets like Phantom jumped from #357 to #35 in the U.S. app store after TRUMP’s launch, with Moonshot taking the #1 finance spot.
  • Major apps like Kraken, Binance.US, and Uniswap saw dramatic ranking increases, reflecting a surge in crypto interest.

The launch of President Donald Trump‘s official memecoin, Original Trump (TRUMP), on the Solana blockchain has caused a massive stir in the crypto world, sparking surging app store rankings for crypto-related platforms and driving significant market activity.

JUST IN: 5 of the top 6 finance apps on the Apple App Store are crypto-related

Robinhood does have ties to traditional finance

However, this ranking is likely due to interest surrounding Donald Trump's meme coin $TRUMP 🚀 pic.twitter.com/EaZ1k0hyTv

— BlockNews (@blocknewsdotcom) January 21, 2025

TRUMP Launch Sparks Industry-Wide Growth

The TRUMP memecoin skyrocketed to a $75 billion valuation within 36 hours, with nearly $4 billion in trading volume, pushing Solana (SOL) to a new all-time high after a 23% price spike. The launch has positioned Solana as a prime choice for future high-profile blockchain initiatives.

Crypto Apps See Explosive Popularity

Phantom, Solana’s largest wallet, leapt from 357th to 35th in the U.S. app store, while Moonshot surged to the #1 spot in the finance category within three days. Other apps, like Coinbase and Uniswap, also climbed significantly, reflecting the growing wave of crypto interest.

Broader Impacts on the Crypto Ecosystem

With Kraken rising from #315 to #97 and Binance.US reaching #47 in the finance app category, the TRUMP launch has highlighted how high-profile events can drive increased user engagement across the crypto industry.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: cryptoDonald TrumpMemecoinSolana blockchainTrump
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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