- Trump commits to a U.S. crypto reserve, including BTC, ETH, XRP, SOL & ADA
- XRP, Solana, and Cardano see massive double-digit surges after the announcement
- The first White House Crypto Summit is set for Friday, keeping investors on edge
Donald Trump just made his biggest pro-crypto move yet. In a Truth Social post, the former President announced the creation of a U.S. Strategic Crypto Reserve, confirming that Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) will be part of it.
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration,” Trump wrote, referring to his Executive Order on Digital Assets. He emphasized that the U.S. must “become the Crypto Capital of the World”, directing the Presidential Working Group to spearhead the reserve’s development.
Then, in a follow-up post, he doubled down: “And, obviously, BTC and ETH, as other valuable cryptocurrencies, will be at the heart of the Reserve. I also love Bitcoin and Ethereum!”
This marks the first time Trump has used the term ‘crypto reserve’ instead of ‘stockpile’. A reserve suggests active accumulation, while a stockpile would mean simply holding onto assets already owned by the government.
Market Reactions: XRP and ADA Skyrocket
As expected, crypto markets erupted following the announcement. Some of the biggest winners included:
- XRP: Jumped 33%, cementing its role in the strategic reserve.
- Solana (SOL): Climbed 22%, continuing its strong momentum.
- Cardano (ADA): Stole the show with a 60% rally, its largest in months.
- Bitcoin & Ethereum: Gained 9% and 11%, benefiting from renewed institutional interest.
This rally is a sharp contrast to the market’s previous stagnation. Bitcoin had been in consolidation since Trump’s executive order in January, recently logging its worst monthly close since 2022. Now, however, things are heating up fast.
The Bigger Picture: What Comes Next?
Trump’s push for a crypto reserve isn’t new, but it’s gaining serious momentum. He first floated the idea of a national Bitcoin stockpile last summer at Bitcoin 2024 in Nashville, one of the industry’s largest events.
Now, with Trump back in the White House, the idea is no longer just talk. The first White House Crypto Summit is set for Friday, and investors are watching closely for more details on the reserve’s structure and whether more assets could be added.
With Bitcoin recovering and a government-backed reserve on the horizon, crypto’s next big move could be just around the corner.
