Monday, March 3, 2025

Trump Unveils US Strategic Crypto Reserve with XRP, SOL, ADA, BTC, ETH as Core Holdings

**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 **“Crypto Strategic Reserve”** 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 reserve’s “core,” sparking immediate market rallies. The announcement follows a January executive order directing his administration to establish a **“digital asset stockpile”** to bolster the U.S. position in the crypto sector.

In his statement, Trump criticized the Biden administration, claiming, **“The U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks,”** and emphasized his intent to make America **“the Crypto Capital of the World.”** ? The move signals a stark policy shift, prioritizing crypto adoption and regulatory clarity.

A follow-up post highlighted Trump’s enthusiasm for the two market leaders: **“Of course, BTC and ETHâ€"the other valuable cryptosâ€"will be the heart of the Reserve. I love Bitcoin and Ethereum too!”** ? 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 Trump’s influence, the **Securities and Exchange Commission (SEC)** recently dropped its lawsuit against Coinbase and declared memecoins **“not securities,”** easing regulatory pressures. Ironically, Trump’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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