Trump Announces Plan for U.S. Crypto Reserve, Boosting XRP, Solana, and Cardano Prices

The President's proposal aims to establish a national cryptocurrency stockpile, elevating U.S.-based digital assets and reversing prior regulatory policies.

President Donald Trump has unveiled plans for a U.S. Crypto Reserve, highlighting XRP, Solana (SOL), and Cardano (ADA) as key assets.
The initiative follows a January executive order directing a working group to explore the creation of a federal cryptocurrency stockpile.
Trump's announcement signals a shift in U.S. crypto policy, aiming to position the country as a global leader in digital assets.
The prices of XRP, Solana, and Cardano surged by 20% or more following the announcement, reflecting market optimism about the proposal.
The reserve could potentially include assets lawfully seized by the federal government, according to prior policy discussions outlined in the executive order.