Trump names cryptos for US Strategic Reserve; XRP, SOL, ADA see major gains
US President Donald Trump on Sunday unveiled plans for a US Crypto Strategic Reserve, featuring three major cryptocurrencies—XRP (Ripple), SOL (Solana), and ADA (Cardano). The announcement sparked a market rally, with these digital assets surging between 10% and 35%.
Crypto policy
Trump’s move follows his January executive order directing the Presidential Working Group to establish a strategic reserve for digital assets. Declaring his vision to make the US the “Crypto Capital of the World,” Trump signalled a stark departure from the previous administration’s regulatory crackdowns, which focused on fraud prevention and anti-money laundering measures.
