Solana News Update: Trump's Wallet Acquires Valor Token—Is This an Endorsement or a Tactical Move?

The Valor token (VALOR) has recently become the second-largest asset in the

meme coin (TRUMP) team’s wallet, indicating a notable shift in the digital asset allocation associated with former U.S. President Donald Trump. Blockchain analytics provider Lookonchain reports that this wallet now contains about 27.37 million VALOR tokens, with an estimated value of $240,000. This amount is second only to the 800 million tokens, which are valued at $6.47 billion in the same wallet, as detailed in a . Smart Valor, a fintech company based in Switzerland, introduced VALOR on the blockchain and promotes it as a utility token that offers staking rewards and lower platform fees, according to the crypto.news report.

This development occurs against a backdrop of heightened volatility in the cryptocurrency sector. Solana, which supports VALOR, saw its price fall sharply to $182 on October 30—a 6% decrease—largely due to institutional sell-offs. Jump Crypto, a significant Solana investor, sold 1.1 million

tokens for $205 million and quickly shifted to purchasing , reflecting changing risk preferences, as outlined in a . Despite these challenges, Bitwise Asset Management’s introduction of the first U.S. spot Solana ETF has attracted significant institutional capital, with initial inflows exceeding $69 million, according to .

Trump’s digital asset portfolio has consistently played a central role in his financial strategies. The Official TRUMP token, which debuted in early 2025, has become a key element of his digital holdings. Recent reports have noted its integration with a debit card and its potential use in real estate tokenization, according to a

. At the same time, Trump’s political supporters continue to promote his crypto initiatives, with Vice President JD Vance and Secretary of State Marco Rubio mentioned as possible candidates for the 2028 presidential race, as reported by .

The addition of VALOR to the TRUMP wallet has generated a range of responses. Some investors view this as a show of confidence in Smart Valor’s platform, while others warn against equating token holdings with political endorsement. Skeptics have questioned whether the tokens were transferred by the project team rather than acquired by Trump’s organization, but there is no evidence to support these claims, according to the crypto.news report.

On a global scale, cryptocurrency markets continue to react to geopolitical events. Trump’s recent speech in Japan, where he stressed “peace through strength” and proposed a pay increase for U.S. military personnel, highlighted his administration’s emphasis on national security, as reported by

. Within the U.S., his political team remains committed to bold strategies, including advocating for a third presidential term despite constitutional limits, a position previously covered by Benzinga.

As the digital asset sector continues to change, the relationship between political leaders, major investors, and blockchain technology is expected to remain a significant influence on market trends. For now, the rise of Valor in Trump’s crypto portfolio underscores the increasing overlap between digital currencies and prominent political figures.