Announcement
On March 2, 2025, President Trump announced the U.S. Crypto Strategic Reserve. The fund will hold coins like $XRP , $SOL , and $ADA . This is part of a new executive order on digital assets aimed at boosting the U.S. crypto industry. Trump said this plan could make the U.S. the "crypto capital of the world."
Market Reaction
ADA jumped by 43.4%, making it one of the strongest performers among altcoins. XRP rose 20.9% after the news. SOL increased by 16.5%, showing strong investor optimism. Even Bitcoin climbed 5% within an hour, reaching 92,800 USD.
Political Impact and Long-Term View
This move might mark a turning point in U.S. crypto policy. It contrasts sharply with the Biden administration’s tighter stance on crypto. The crypto community is watching closely to see how the reserve will be implemented.
Our POV:
Trump’s actions have a double effect on the market. His tariff announcement in late February sent prices down. Now, his crypto reserve decision is pushing the market up. As someone with deep experience in crypto, I see this as a significant shift that could reshape the industry.
#StrategicCryptoReserve #MarketRebound
