Trump Unveils Plans to Establish a Strategic Crypto Reserve, Including XRP, Solana (SOL), and Cardano (ADA)

This initiative is part of Trump's vision to position the U.S. as the global leader in digital assets, signaling a shift away from the regulatory constraints of previous administrations.

U.S. President Donald Trump has announced plans to establish a strategic crypto reserve that will reportedly hold assets such as XRP, Solana (SOL), and Cardano (ADA).

The initiative, which comes as part of Trump’s broader bid to make the U.S. the global leader in digital assets, will also include BTC and ETH, according to later reports.

The move signals a departure from the regulatory cautiousness of previous administrations and could have far-reaching implications for the cryptocurrency sector.

Initially, the list of cryptocurrencies did not include Bitcoin or Ethereum, which are usually among the first to be named in such roundups.

However, Trump later clarified that both BTC and ETH would be included in the strategic crypto reserve, ensuring that these prominent cryptocurrencies remain central to the U.S. digital asset strategy.

The announcement had a substantial impact on the market, with XRP, SOL, and ADA experiencing significant price surges following the news.

Cardano specifically saw an impressive 63% uptick within hours, while XRP and Solana also posted substantial gains.

This development follows a broader strategic push, including Trump’s executive order directing the creation of a U.S. digital asset stockpile and a focus on bolstering the nation’s cryptocurrency infrastructure.

Trump further noted that the crypto reserve would be instrumental in advancing the industry, especially given what he described as the challenges faced by the industry due to regulatory setbacks under the Biden administration.

With the U.S. aiming to become the “Crypto Capital of the World,” this move could set the stage for deeper integration of digital currencies into the global financial system.