President-elect Donald Trump is reportedly continuing to accumulate Ethereum (ETH), with industry leaders actively building on the platform. Despite recent criticisms regarding Trump's investments, ETH has shown resilience, remaining net deflationary since the Merge and still offering yield. However, the cryptocurrency's current value has dipped below the price at which Trump purchased it. In related developments, SEC Commissioner Hester Peirce indicated that a pro-crypto shift is underway at the SEC, especially as Chair Gary Gensler prepares to step down. Peirce emphasized that the incoming leadership will prioritize crypto-related initiatives, including potential improvements for crypto ETFs. Following these announcements, the total market capitalization of cryptocurrencies rebounded by over $180 billion, recovering from a previous decline of $500 billion. This resurgence in the market coincided with a weaker Personal Consumption Expenditures (PCE) inflation report, suggesting a positive environment for crypto assets.