President Donald Trump has unveiled plans for a US Crypto Strategic Reserve, which will include XRP, Solana (SOL), and Cardano (ADA). This announcement follows Trump’s Executive Order 14178, which directed the establishment of a national framework for digital assets, particularly focusing on "US-made cryptocurrencies." The new reserve aims to boost the digital asset industry, positioning the US as a leader in crypto markets, especially after years of criticism against the cryptocurrency industry under the Biden administration. Trump expressed that this initiative will help elevate the crypto sector and protect it from what he described as "corrupt attacks." According to Trump’s statement, this new reserve will be the foundation for US-held cryptocurrency assets, deviating from earlier expectations that Bitcoin would be the primary asset. The reserve will now include XRP, Solana, and Cardano as part of a broader strategy to encourage blockchain adoption in the United States. This decision marks a significant shift, with the president framing this as a necessary step to ensure the US stays ahead in global crypto innovation. In response to the announcement, markets reacted swiftly. XRP saw a sharp increase in value, while Cardano and Solana also experienced notable surges. The price movements indicate strong investor interest in these assets following the announcement, with some analysts attributing the rally to the newfound legitimacy granted to these tokens by Trump’s endorsement. Solana, which had been facing increased selling pressure due to network controversies, has entered a new bullish phase with the announcement of the US crypto reserve. Additionally, the general ‘Made in US’ crypto market has experienced growth, signaling optimism surrounding the future of the sector. Experts suggest that Trump’s announcement could pave the way for significant legislative changes, including potential tax reforms and regulatory adjustments that favor the crypto space. These changes may help stabilize the market and encourage further adoption of blockchain technologies in the country. The Presidential Working Group, led by David Sacks , is expected to release further recommendations on the national crypto reserve in the upcoming months, which could shape the future of crypto policy in the US. This announcement has clearly sparked renewed confidence in the crypto market, especially for assets like XRP, SOL, and ADA. However, it remains to be seen how the reserve will evolve and whether it will influence future decisions regarding the use and regulation of cryptocurrencies.
