Donald Trump Announces The Crypto Reserve With XRP, SOL, ADA, Bitcoin, And Ethereum: The Market Is On Fire!
On March 2, 2025, U.S. President Donald Trump announced the creation of a “Strategic Cryptocurrency Reserve” specifically including XRP (Ripple), SOL (Solana), and ADA (Cardano), BTC (Bitcoin), and ETH (Ethereum). This initiative aims to strengthen the crypto industry in the United States, following what Trump describes as “corrupted attacks” from the previous administration.
Donald Trump officially announces the crypto reserve in the United States!
This announcement is worthy of a movie because initially, Donald Trump did not mention Bitcoin or Ethereum in this announcement. Supporters of BTC and other crypto investors immediately thought of an unexpected turnaround from Trump, who would now give more importance to XRP (Ripple), SOL (Solana), and ADA (Cardano).
Some analysts had estimated that this decision by Donald Trump might be motivated by the desire to support cryptocurrencies perceived as more compliant with U.S. regulations or offering specific technological advantages. Others even suggested that this reflects an “America First” strategy aimed at prioritizing locally developed digital assets. After all, XRP, for example, is linked to Ripple, an American company, while Solana and Cardano are touted for their technological advances. Meanwhile, it was merely an oversight on the part of the U.S. president.
Implications for the crypto ecosystem
Even though a Bitcoin reserve was already expected, Donald Trump’s decision to create a strategic cryptocurrency reserve also including XRP, SOL, ETH, and ADA could have significant implications for the crypto industry in the United States. It could encourage the adoption of these digital assets and strengthen the United States’ position as a leader in the field of financial technologies. In fact, XRP surged by 21%, SOL by 12.5%, and ADA by 37% immediately following Donald Trump’s announcement.
Donald Trump’s announcement of a crypto reserve with XRP, SOL, ADA, Bitcoin, and Ethereum, thus marks an important event in the crypto universe. Between support for local innovations and the fulfillment of political promises, this decision is stirring the market.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.