On November 9th, according to The Block, Geoff Kendrick, the global director of digital asset research at Standard Chartered, stated that if the Republican Party successfully controls both houses of the United States Congress, the total market capitalization of cryptocurrencies worldwide could rise by 300% over the next two years. Currently, the Republican Party holds the Senate and the White House, while control of the House of Representatives is still uncertain. However, Kendrick believes that the possibility of the Republican Party sweeping both houses is already high. In this case, Kendrick predicts that favorable policies will drive the entire cryptocurrency market capitalization to increase from the current 2.7 trillion US dollars to around 10 trillion US dollars by the end of 2026. The gaming sector in encryption, asset tokenization, and DeFi may benefit from anticipated Trump administration policies and a more crypto-friendly regulatory stance. Additionally, Kendrick reaffirmed Standard Chartered's price targets for the end of 2025, with a price of $200,000 for Bitcoin (BTC) and $10,000 for Ethereum (ETH), based on the assumption that the Republican Party will hold a majority in Congress. He also expects that digital assets with more specific use cases, such as Solana, may outperform BTC and ETH.