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a16z Pledges $23 Million for 2026 Pro-Crypto Election Effort

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Andreessen Horowitz (a16z) pledged over $23 million to Fairshake and its affiliated political action committees (PACs) for the 2026 midterm elections.

This commitment reinforces its dedication to promoting bipartisan support for comprehensive cryptocurrency regulation.

a16z Advocates Practical Regulatory Framework

The investment, announced in a Monday press releaseaims to foster a “practical regulatory framework” for the crypto industry. With growing public interest in digital assets, a16z urges policymakers to develop guidelines that protect consumers while fostering innovation. The firm views Fairshake as a platform to elevate crypto issues to the national stage, aiming to build bipartisan support for balanced regulation.

“Crypto isn’t red or blue but is critical in ensuring America remains the leader in technology for decades to come,” the release read.

a16z’s approach involves direct engagement with lawmakers to build a supportive regulatory framework. The firm plans to introduce key policymakers from both parties to entrepreneurs and developers within the blockchain ecosystem. According to a16z, this would demonstrate the industry’s challenges and its potential under clear, supportive regulation.

Read more: How To Donate Crypto Using The Giving Block.

This ongoing educational initiative also reflects a16z’s view that regulatory enforcement should not precede legislation. Citing the risks of “arbitrary enforcement actions” that could exclude Congress from the regulatory process, a16z argues that consistent guidelines are essential for a thriving and compliant crypto sector.

a16z noted that this regulatory push aligns with rising crypto adoption, with over 40 million Americans now owning digital assets. Bitcoin and Ethereum exchange-traded products (ETFs) have also gained traction, accounting for $65 billion in on-chain holdings.

Stablecoins, a key part of the ecosystem, have seen similar growth and now rank among the largest holders of US treasuries globally. In response, a16z is calling for stablecoin regulations that foster competition and support economic stability. Additionally, the firm advocates for a compliance framework that supports legitimate decentralized networks and businesses.

Broader Industry Push For Crypto-Friendly Candidates

Amid ongoing US election euphoria, a16z’s donation comes amid a broader industry push to support crypto-friendly candidates and lawmakers. The move echoes recent actions by Coinbase, another major crypto player. Coinbase CEO Brian Armstrong recently stated that his company has been making significant donations to back pro-crypto lawmakers in the upcoming elections.

Similar to a16z, Armstrong stressed the need for a regulatory framework that keeps pace with industry growth and technological advancements. He described the 2026 midterms as a chance to elect a “crypto-friendly Congress” that could protect U.S. innovation and global competitiveness.

“We’re not slowing down post-election. Today I am announcing that Coinbase has committed another $25 million to support Fairshake PAC, which they will use leading up to the 2026 midterms to elect pro-crypto candidates,” Armstrong said.

In addition to its financial support for Fairshake, a16z has invested substantial time and resources in meeting with lawmakers. It has also published over a hundred articles and policy briefs to guide informed decision-making in Washington.

According to a16z, these steps are necessary given the industry’s high stakes. Decisions made now potentially shape the trajectory of US crypto innovation for years to come.

Read more: Crypto Regulation: What Are the Benefits and Drawbacks?

By combining direct contributions to Fairshake, educating policymakers, and advocating for legislation that supports growth while protecting consumers, a16z’s $23 million donation to Fairshake aims to help shape a stable future for crypto in the US.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Biggest Altcoin Gainers Of The Fourth Week of January 2025

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The crypto market experienced significant volatility this week as Bitcoin surged to $107,000. This movement caused some altcoins to face drawdowns while others emerged as top performers, delivering impressive profits to investors. 

BeInCrypto has identified three standout altcoins that ranked among the week’s biggest gainers and explores what investors can anticipate next.

GateToken (GT)

GT has seen a 23% rise this week, reaching a new all-time high of $25.96 during the latest intra-day session. This consistent upward momentum has captured investor attention, positioning the altcoin as one of the top-performing altcoins in the current market.

Despite occasional bearish market cues, GT has yet to experience a sharp correction. This resilience reflects strong investor confidence and a bullish sentiment surrounding the token. If this momentum continues, GT could extend its rally and achieve further milestones in the coming days.

GT Price Analysis
GT Price Analysis. Source: TradingView

However, significant profit-taking could lead to a decline, with the altcoin testing critical support at $19.89. A drop below this level could invalidate the bullish outlook and signal increased bearish pressure.

KuCoin Token (KCS)

KCS experienced a 16% rise this week, with most of the gains occurring in the last 72 hours. The altcoin is currently trading at $13.12, reflecting growing investor interest and strong upward momentum as it seeks to sustain its recent rally.

The altcoin recently breached the $13.74 resistance level after establishing solid support at $12.47. If the bullish momentum persists, KCS could close above this barrier, paving the way for further gains.

KCS Price Analysis
KCS Price Analysis. Source: TradingView

However, a drop from the current price below $12.47 could trigger a decline to $11.52. Such a move would invalidate the bullish outlook, erasing recent gains and signaling potential bearish sentiment.

OFFICIAL TRUMP (TRUMP)

TRUMP has solidified its position as one of the week’s top-performing and most trending tokens, recording an impressive 112% rise. This surge reflects strong investor interest, bolstered by market sentiment and the token’s recent developments, keeping it in the spotlight among meme coins.

Despite its overall growth, TRUMP has experienced some volatility and is currently attempting to regain the $30 support level. Flipping $34 into support could help the token recover recent losses and maintain its bullish trajectory. This move would signal renewed momentum, encouraging further investment in the token.

TRUMP Price Analysis
TRUMP Price Analysis. Source: TradingView

However, trading at $27.46, TRUMP faces risks of falling further. If it loses the critical support at $26.09, the token could drop to $21.04. Such a decline would invalidate the bullish outlook, raising concerns about sustained bearish momentum. 

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Potential Grayscale Litecoin ETF Sparks 25% Rally In LTC Price

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Litecoin’s price surged by 25% this week following news that Grayscale filed for a spot Litecoin ETF, sparking demand from institutional investors. 

The move validated the efforts of long-term holders (LTHs), whose support has anchored LTC through market fluctuations. This development has positioned Litecoin as a standout performer in the cryptocurrency market.  

Litecoin Has Its Investor’s Support

Long-term holders have played a critical role in stabilizing Litecoin. The MVRV Long/Short Difference indicator remains highly positive, signaling that LTHs are in profit. These investors, known for their tendency to HODL rather than sell, provide essential support, reducing the likelihood of sharp corrections.  

This behavior has created a strong foundation for Litecoin, enabling it to sustain rallies even during periods of market volatility. By holding onto their assets, LTHs act as the backbone of Litecoin, ensuring that the cryptocurrency maintains momentum and garners investor confidence.  

Litecoin MVRV Long/Short Ratio
Litecoin MVRV Long/Short Ratio. Source: Santiment

The macro momentum for Litecoin remains bullish, supported by the IOMAP metric. Data reveals that investors bought over 2 million LTC, valued at more than $256 million, within the $128 to $135 range. This supply becomes fully profitable once Litecoin flips $136 into support, reinforcing positive sentiment.  

This concentration of profitable investors is likely to keep sentiment optimistic. Anticipation of breaking the $136 resistance level has fueled bullish momentum, as investors remain confident that LTC can sustain its upward trajectory. The substantial backing at these levels further solidifies the asset’s potential for continued growth.  

Litecoin IOMAP
Litecoin IOMAP. Source: IntoTheBlock

LTC Price Prediction: Flipping Key Barrier Into Support

Litecoin has risen by 25% in the past 24 hours, currently trading at $128. The altcoin now faces resistance at $136, which will be critical for maintaining its bullish momentum and enabling further gains.  

If Litecoin breaches and flips $136 into support, it could unlock the $256 million in profits tied to this level. Such a move would likely propel LTC to $147, marking a significant step in its ongoing rally and validating investor confidence.  

Litecoin Price Analysis
Litecoin Price Analysis. Source: TradingView

However, Litecoin price’s failure to break above $136 could result in a decline to $117 or even $105. This would erase a significant portion of recent gains, invalidate the bullish outlook, and delay the realization of anticipated profits.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Virtuals Protocol Targets Solana for AI-Driven Innovation

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Virtuals Protocol, a decentralized platform for launching AI agents, has announced its expansion to the Solana blockchain.

This move aims to foster multichain availability while empowering builders and driving innovation within the ecosystem.

Virtuals’ Multichain Ambition

On January 25, Virtuals Protocol confirmed its expansion from Base to Solana. The protocol highlighted that this step marks the beginning of a new chapter, enabling it to grow its community and create more value for developers.

Virtuals aim to unlock new growth opportunities by leveraging Solana’s advanced scalability and active developer community,

“We are beyond excited to announce Virtuals’ expansion to Solana, marking a significant step in our journey to empower builders and drive innovation across multiple ecosystems. Solana, known for its speed, scalability, and vibrant community, is the perfect place for us to grow and bring our vision to life,” Virtuals said.

EtherMage, the protocol’s pseudonymous lead developer, described this expansion as the first of many steps toward building a diverse and robust multichain ecosystem. According to him, the move would help to realize their vision of an interconnected and autonomous digital society.

He noted that dedicated teams are already in place to collaborate with Solana and other blockchain communities. These teams will focus on funding, mentorship, and visibility for projects building within the Virtuals ecosystem.

“Going multi-chain is important for our vision of an agentic society. Diversity of agents is a critical component for autonomous businesses, autonomous societies. Solana is the first step. We are building support across several other chains as well,” EtherMage wrote on X.

Virtuals’ Plan for the Solana Ecosystem

Virtuals Protocol has outlined several initiatives tailored to Solana. Among these is the Meteora Pool, a platform feature designed to create fresh opportunities for trading and engagement.

Additionally, 1% of the trading fees generated will be converted to SOL and allocated to the Strategic SOL Reserve (SSR) to reward contributors and enhance Solana’s ecosystem.

The protocol has also introduced a grant program to boost development across both Base and Solana ecosystems. Under this program, projects on these chains can access 42,000 $VIRTUAL tokens to support early-stage growth.

Looking ahead, Virtuals is set to host an AI Hackathon in March in partnership with the Solana Foundation. This event aims to offer technical mentorship and support to developers, further reinforcing the protocol’s commitment to fostering innovation.

Virtual protocol has emerged as a top-performing platform in the crypto space, benefiting from the growing demand for AI-driven solutions. Its multichain expansion to Solana signals its dedication to shaping the future of decentralized AI and supporting a thriving developer ecosystem.

“Virtuals joining the Solana ecosystem is not just an expansion — it’s the beginning of a new chapter. We’re here to create value, empower builders, and grow the Virtuals Nation to new heights,” the team concluded.

Virtuals Protocol (VIRTUAL) Price Performance.
Virtuals Protocol (VIRTUAL) Price Performance. Source: BeInCrypto

Despite news of the expansion, Virtuals’ native VIRTUAL token is down more than 4% in the last 24 hours to $2.54 as of press time, according to BeInCrypto data.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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