Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Donald Trump Announces The Crypto Reserve With XRP, SOL, ADA, Bitcoin, And Ethereum: The Market Is On Fire!

Donald Trump Announces The Crypto Reserve With XRP, SOL, ADA, Bitcoin, And Ethereum: The Market Is On Fire!

Cointribune2025/03/02 20:11
By: Cointribune
RSR-1.06%BTC-1.65%SOL-1.70%

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

Donald Trump Announces The Crypto Reserve With XRP, SOL, ADA, Bitcoin, And Ethereum: The Market Is On Fire! image 0 Donald Trump Announces The Crypto Reserve With XRP, SOL, ADA, Bitcoin, And Ethereum: The Market Is On Fire! image 1

Donald Trump officially announces the crypto reserve in the United States!

This announcement is worthy of a movie because initially, Donald Trump did not mention Bitcoin or Ethereum in this announcement. Supporters of BTC and other crypto investors immediately thought of an unexpected turnaround from Trump, who would now give more importance to XRP (Ripple), SOL (Solana), and ADA (Cardano).

Donald Trump Announces The Crypto Reserve With XRP, SOL, ADA, Bitcoin, And Ethereum: The Market Is On Fire! image 2 Donald Trump Announces The Crypto Reserve With XRP, SOL, ADA, Bitcoin, And Ethereum: The Market Is On Fire! image 3 Donald Trump did not mention Bitcoin or Ethereum in his announcement.

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. Others even suggested that this reflects an “America First” strategy aimed at prioritizing locally developed digital assets. After all, XRP, for example, is linked to Ripple, an American company, while Solana and Cardano are touted for their technological advances. Meanwhile, it was merely an oversight on the part of the U.S. president.

Donald Trump Announces The Crypto Reserve With XRP, SOL, ADA, Bitcoin, And Ethereum: The Market Is On Fire! image 4 Donald Trump Announces The Crypto Reserve With XRP, SOL, ADA, Bitcoin, And Ethereum: The Market Is On Fire! image 5 It was merely an oversight on the part of the U.S. president.

Implications for the crypto ecosystem

Even though a Bitcoin reserve was already expected, Donald Trump’s decision to create a strategic cryptocurrency reserve 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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — ZBT/USDT!
Bitget Announcement2025/10/21 02:00
CandyBomb x ZBT: Trade futures to share 100,000 ZBT!
Bitget Announcement2025/10/17 13:30
Bitget Builder+ Initiative is now recruiting!
Bitget Announcement2025/10/17 11:00

Trending news

More
1
New spot margin trading pair — ZBT/USDT!
2
CandyBomb x ZBT: Trade futures to share 100,000 ZBT!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,992.54
-1.66%
Ethereum
Ethereum
ETH
$3,893.79
-3.47%
Tether USDt
Tether USDt
USDT
$1
+0.00%
BNB
BNB
BNB
$1,079.15
-3.07%
XRP
XRP
XRP
$2.43
-0.86%
Solana
Solana
SOL
$187.03
-2.67%
USDC
USDC
USDC
$0.9999
-0.00%
TRON
TRON
TRX
$0.3224
-0.01%
Dogecoin
Dogecoin
DOGE
$0.1953
-2.51%
Cardano
Cardano
ADA
$0.6504
-2.45%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter