Catenaa, Saturday, February 01, 2025-GMCI has introduced the USA Select Index, a benchmark tracking 13 US -based cryptocurrency protocols, including XRP, Solana (SOL), and Dogecoin (DOGE), the company announced Tuesday.
The index has surged 183% since November, climbing from $95 to $269.04 as of January 24, reflecting renewed investor confidence in US -focused digital assets. President Donald Trump’s executive order supporting domestic crypto leadership and increased regulatory clarity are seen as key drivers behind the rally.
Institutional investors are showing heightened activity in crypto ETFs, while retail interest has pushed crypto app rankings to new highs.
The index is expected to serve as a gauge for how crypto projects engage with the US market, following past regulatory uncertainties that led some to exclude American users.
With the US reasserting itself as a crypto hub, analysts predict continued expansion in the sector, particularly in exchange-traded products and blockchain-based financial services.
