U.S. President Donald Trump named XRP, Solana (SOL) and Cardano (ADA) as three assets to be included in a U.S. strategic crypto reserve on Sunday, providing the first details about what such a reserve may look like.
Notably, Trump did not mention Bitcoin (BTC) or Ethereum (ETH) — the two largest cryptocurrencies by market capitalization — in his statement, but he did not say the reserve would exclude these assets either. Trump made the announcement on Truth Social, his social media platform.
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” Trump stated. “I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!”
Following Trump’s announcement, XRP, SOL, and…