Surge in Bitcoin Purchase Inquiries Reported by The Block

From January 6 to 12, there were 247,000 mentions of “bitcoin” on X, rising to 495,000 the following week. These figures were reported by The Block.

For Ethereum, the numbers were 73,600 and 293,000, respectively.

On Google Trends, the number of searches for “how to buy crypto” reached an ATH.

The Coinbase app moved to 21st place in the App Store rankings by number of downloads.

The Block viewed this as a “leading indicator of increased retail investment inflow,” a pattern seen in previous bull cycles.

Analysts attributed the growth in figures to bitcoin reaching new all-time highs and the inauguration of U.S. President Donald Trump.

In January, it was revealed that the new head of state plans to make cryptocurrencies one of the priority areas of government policy.

On January 18, U.S. President-elect Donald Trump launched the “official” meme token TRUMP on the Solana blockchain. Within a day, the coin gained 220% with an FDV of $62 billion.

Amidst this, Solana’s TVL exceeded $10 billion for the first time since the FTX collapse.

Solana’s TVL crosses $10B for first time since FTX collapse pic.twitter.com/AtF2EK2hB2

— unfolded. (@cryptounfolded) January 20, 2025

On January 19, the meme coin MELANIA, launched by U.S. President-elect Donald Trump’s wife Melania Trump, was introduced. ForkLog explored this phenomenon in a News+ format.