Market Cap: $3.0451T 7.230%
Volume(24h): $198.9289B 185.460%
  • Market Cap: $3.0451T 7.230%
  • Volume(24h): $198.9289B 185.460%
  • Fear & Greed Index:
  • Market Cap: $3.0451T 7.230%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$91229.967283 USD

5.84%

ethereum
ethereum

$2354.581560 USD

6.04%

xrp
xrp

$2.649458 USD

15.56%

tether
tether

$0.999525 USD

0.01%

bnb
bnb

$599.418199 USD

-1.77%

solana
solana

$160.462568 USD

11.29%

usd-coin
usd-coin

$0.999978 USD

0.01%

cardano
cardano

$0.995827 USD

49.40%

dogecoin
dogecoin

$0.218105 USD

5.31%

tron
tron

$0.238864 USD

2.27%

hedera
hedera

$0.248949 USD

0.83%

chainlink
chainlink

$16.162296 USD

8.94%

stellar
stellar

$0.331779 USD

2.02%

avalanche
avalanche

$23.462916 USD

6.85%

sui
sui

$2.948878 USD

2.62%

Cryptocurrency News Articles

On March 2, 2025, U.S. President Donald Trump announced the creation of a “Strategic Cryptocurrency Reserve”

Mar 03, 2025 at 01:48 am

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).

On March 2, 2025, U.S. President Donald Trump announced the creation of a “Strategic Cryptocurrency Reserve”

U.S. President Donald Trump announced on March 2, 2025, the creation of a “Strategic Cryptocurrency Reserve” specifically including XRP (Ripple), SOL (Solana), and ADA (Cardano), in addition to BTC (Bitcoin) and ETH (Ethereum).

The announcement of Donald Trump's cryptocurrency reserve

This initiative aims to strengthen the crypto industry in the United States, following what Trump describes as “corrupted attacks” from the previous administration.

The announcement of a U.S. president concerning a crypto reserve focusing on XRP, SOL, ADA, Bitcoin, and Ethereum is an event that deserves to be highlighted in the history of cryptocurrencies.

Especially since, initially, Donald Trump did not mention Bitcoin or Ethereum in his announcement. Fans of BTC and other crypto investors 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.

Or even an “America First” strategy aimed at prioritizing locally developed digital assets. After all, XRP is linked to Ripple, an American company, while Solana and Cardano are touted for their technological advances.

However, it seems that this was merely an oversight on the part of the U.S. president, who ultimately included BTC and ETH in his March 2 announcement.

The implications of Donald Trump's decision

Even though a Bitcoin reserve was already expected, Donald Trump’s decision to create a strategic cryptocurrency 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.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 03, 2025