In a groundbreaking announcement, U.S. President Donald Trump has officially named XRP, Solana ($SOL ), and Cardano ($ADA ) as key assets for the nation's strategic cryptocurrency reserve. This marks the first public disclosure of the assets included in this initiative, which aims to strengthen the United States' position in the digital economy.

Surprisingly, Bitcoin (BTC) and Ethereum (ETH)—the two largest cryptocurrencies by market capitalization—were not explicitly mentioned in Trump's statement. However, he did not confirm their exclusion either. The announcement was made on his social media platform, Truth Social, where Trump emphasized his commitment to making the U.S. the global leader in cryptocurrency.

“A U.S. Crypto Reserve will revitalize this essential industry after years of unjust attacks by the Biden Administration. My Executive Order on Digital Assets has instructed the Presidential Working Group to advance a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” Trump stated. “We are MAKING AMERICA GREAT AGAIN by securing the future of digital assets!”

Following this declaration, XRP, SOL, and ADA saw significant price surges, reflecting heightened investor confidence in these assets.

The Road to a U.S. Crypto Reserve

The idea of a strategic crypto reserve has been circulating since Trump's 2024 presidential campaign, with the administration taking concrete steps toward its realization. Shortly after assuming office in January, Trump signed an executive order directing a task force to explore the formation of such a reserve. While the order did not explicitly mandate its creation, it laid the foundation for future developments.

Previously, Senator Cynthia Lummis had proposed a bill advocating for a Bitcoin reserve for the United States. The bill, presented during the Bitcoin Nashville conference, suggested that the U.S. Treasury acquire one million BTC over five years, amounting to roughly 5% of the total Bitcoin supply.

While several U.S. states have attempted to introduce legislation to create their own strategic crypto reserves, most efforts have stalled due to regulatory challenges. With Trump's latest move, the conversation around crypto adoption at the national level is gaining momentum, potentially reshaping the future of digital asset policies in the U.S.

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