Trump announces crypto reserve with BTC, ETH, SOL, ADA and XRP
US President Donald Trump has announced the creation of a strategic crypto reserve that includes different cryptocurrencies such as Bitcoin, Ethereum, XRP, Solana and Cardano. The announcement led to a sudden increase in the courses of these digital currencies.
Trump plans the establishment of a national crypto reserve With five leading cryptocurrencies. This decision led to significant price gains – especially for XRP, Solana and Cardao and underlines the stringing of the United States to play a leading role in the global crypto sector.
The announcement and its effects
At the weekend, Trump announced that his planned crypto reserve should contain leading digital currencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (Sol) and Cardano (ADA). The goal: make the United States the world's leading nation in the field of cryptocurrencies. Bitcoin briefly crossed the $ 94,000 mark, while the other old coins mentioned recorded double-digit price gains.
The reaction of the financial world was not long in coming. Analysts evaluate the step as a potential milestone that could further accelerate the acceptance of cryptocurrencies in the United States. Companies and investors see this as an opportunity that an official crypto reserve could lead to more regulatory clarity and institutional acceptance.
Ethereum, Solana, Cardano and XRP as a strategic reserve
In a contribution on his social media platform Truth, Trump announced that the planned crypto reserve in addition to Bitcoin (BTC), also Ethereum (ETH), XRP, Solana (SOL) and Cardano (ADA) would include. The announcement led to immediate price increases: XRP rose by over 35% to up to $ 2.95, Solana increased by more than 25% to $ 179, and Cardano recorded an increase of $ 75% to $ 1.14. Bitcoin also exceeded the $ 94,000 mark, while Ethereum increased by over 12%.
The inclusion of old coins led to mixed reactions. Since the United States already manages a gold reserve, a “hoarding” of the previously confiscated Bitcoin worth over 20 billion USD is obvious. In order to record old coins, the government would have to buy them on the open market. That should come across resistance in the US Congress.
