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Cryptocurrency News Articles

Donald Trump Had Announced His Intention to Add XRP, Solana, and Cardano to the USA’s Strategic Reserve

Mar 04, 2025 at 06:39 pm

This immediately led the markets to consider the possibility that one of the consequences could be the purchase of XRP, SOL, and ADA on the crypto markets.

Donald Trump Had Announced His Intention to Add XRP, Solana, and Cardano to the USA’s Strategic Reserve

On Sunday, Donald Trump had announced his intention to add XRP, Solana, and Cardano to the USA’s strategic reserve, in addition to Bitcoin and Ethereum.

This immediately led the markets to consider the possibility that one of the consequences could be the purchase of XRP, SOL, and ADA on the crypto markets, but this hypothesis seems to be becoming less and less likely.

The forecasts of Farcaster: XRP and Cardano will not be included in the strategic reserve of the USA

The co-founder of Farcaster, Dan Romero, yesterday wrote that he expects the US government’s cryptocurrency reserves will consist solely of seized assets, and not of assets purchased on the market.

Although these are only Romero’s personal opinions, it seems that the markets have taken them seriously.

In fact, yesterday all the gains obtained by XRP, SOL, and ADA after the Sunday post by Trump were lost, including those on BTC and ETH.

Romero has done nothing but make evident a very widespread opinion among crypto experts, namely that it seems almost impossible for the US Congress to end up approving a law that effectively requires the USA to purchase altcoins on the markets.

Moreover, almost half of the existing XRP are still in the hands of Ripple, the private company that created this cryptocurrency. In the event that a law is passed authorizing the US government to purchase XRP on the market, there is a serious risk that it would effectively authorize the

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Other articles published on Mar 05, 2025