### Sony Blockchain Faces Opposition#

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Sony's blockchain subsidiary recently launched the mainnet of its Ethereum Layer 2 Soneium, aimed at serving content creators and their communities. However, the project has faced strong opposition associated with memecoins. While Sony attempts to empower content creators through blockchain technology, its plan seems to have not garnered widespread acceptance, facing resistance from the memecoin community. Moreover, Bitcoin analysts have reconsidered their strategies for Trump's inauguration, as his campaign promises of crypto support raised higher expectations that were not met by reality.

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Sony's blockchain subsidiary, Soneium, recently launched an Ethereum Layer 2 mainnet aimed at serving content creators and their communities, but has faced strong opposition from memecoins. This event has sparked external questioning of Sony's blockchain project. Previously, Bitcoin analysts were inclined to dump Bitcoin during Trump's inauguration because Trump's pro-crypto campaign promises fueled higher expectations, while the political machine in Washington typically moves at a slow pace. However, as the inauguration approached, the appeal of the sell-off news diminished. Meanwhile, corporate purchases of Bitcoin, like those by MicroStrategy, are being viewed as an "overlooked mega-trend," and with reputational risks declining and new FASB accounting rules in place, the number of corporate holders is expected to "explode soon."

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Sony's blockchain subsidiary Soneium mainnet launch faces memecoin backlash

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Bitcoin analysts reconsider Trump inauguration strategy

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Businesses holding Bitcoin is a 'neglected megatrend' and will see 'explosive growth' in the future

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Trump's campaign promises of crypto support fueled higher expectations, but Washington's typically slow-moving political machine brought reality

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