**Trump Announces U.S. Strategic Crypto Reserve, Names XRP, SOL, ADA, BTC, and ETH as Key Assets**
Former U.S. President Donald Trump revealed plans for a **âœCrypto Strategic Reserveâ** in a recent Truth Social post, confirming the inclusion of **XRP, Solana (SOL), and Cardano (ADA)** as initial holdings. He later added that **Bitcoin (BTC)** and **Ethereum (ETH)** would serve as the reserveâ™s âœcore,â sparking immediate market rallies. The announcement follows a January executive order directing his administration to establish a **âœdigital asset stockpileâ** to bolster the U.S. position in the crypto sector.
In his statement, Trump criticized the Biden administration, claiming, **âœThe U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks,â** and emphasized his intent to make America **âœthe Crypto Capital of the World.â** ? The move signals a stark policy shift, prioritizing crypto adoption and regulatory clarity.
A follow-up post highlighted Trumpâ™s enthusiasm for the two market leaders: **âœOf course, BTC and ETHâ"the other valuable cryptosâ"will be the heart of the Reserve. I love Bitcoin and Ethereum too!â** ? The endorsement fueled bullish sentiment, with Bitcoin briefly surging past **$94,164** (up 11%) and Ethereum jumping to **$2,516** (up 13%) within hours.
Under Trumpâ™s influence, the **Securities and Exchange Commission (SEC)** recently dropped its lawsuit against Coinbase and declared memecoins **âœnot securities,â** easing regulatory pressures. Ironically, Trumpâ™s own memecoin, **$TRUMP**, has struggled, declining in value since its launch.
At the time of writing, Bitcoin hovers near **$91,400**, while Ethereum trades around **$2,300**, reflecting ongoing volatility. ? Analysts speculate the reserve plan could reshape global crypto markets, positioning the U.S. as a dominant player in blockchain innovation.
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