Donald Trump has made a bold statement regarding cryptocurrency, emphasizing his commitment to establishing the U.S. as a dominant force in the sector.
In a recent post on Truth Social, which was also shared in his X account, he revealed plans for a “Crypto Strategic Reserve,” which would include XRP, Solana (SOL), and Cardano (ADA).
The former president criticized the Biden administration for allegedly hindering crypto innovation and positioned his initiative as a way to revitalize the industry.
Trump stated that his executive order on digital assets had instructed the Presidential Working Group to advance this initiative, reinforcing his broader vision of making the U.S. a global leader in cryptocurrency.
All three cryptocurrencies reacted positively to the news. XRP shot up 14% in the past hour and is currently trading at $2.55. Cardanogained more than 30% during the same period and jumped to $0.85, and Solana’s price rose 14% to $160.
BTCS is pivoting heavily toward Ethereum, unveiling plans to accumulate up to $57.8 million in ETH as part of a broader infrastructure and staking expansion.
Solana’s meme coin ecosystem is entering a new phase as challenger platforms rapidly gain ground on Pump.fun, the long-standing leader in token launches. What was once a near-monopoly is now turning into a competitive arena.
XRP (XRP) has gone down by 4.3% in the past 24 hours and currently sits at $2.45 as the market has taken a breather after days of rallying. Trading volumes have retreated a bit but they are still above the 14-day average as participation rates have increased. Open interest in XRP futures has been trending […]
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