Trump Shifts Focus to XRP, Solana & Cardano Over Bitcoin & Ethereum — CryptoQuant CEO
Strategic Crypto Moves for U.S. Interests
CryptoQuant CEO Ki Young Ju highlighted the Trump administration’s shift toward crypto assets that align with U.S. national interests. This follows President Trump’s directive to establish a Crypto Strategic Reserve, reinforcing his commitment to clear regulations and strategic asset management. However, industry experts note a preference for certain cryptocurrencies over others.
Crypto as a Strategic Asset
In a recent X post, Young Ju stated that the crypto industry is becoming a geopolitical tool for the U.S., with the government favoring assets that strengthen its dominance. This approach is expected to drive foreign capital into the U.S. crypto market, benefiting selected digital assets.
President Trump’s Presidential Working Group has been tasked with advancing the Crypto Strategic Reserve, initially including XRP, Solana (SOL), and Cardano (ADA). While Bitcoin (BTC) and Ethereum (ETH) were later added, Young Ju believes the initial exclusion signals a strategic shift. He argues that Bitcoin and Ethereum’s global neutrality may not align with Trump’s vision of prioritizing U.S. interests.
Regulatory Shift Under Trump
Young Ju further noted that under Trump’s leadership, crypto policies favor those supporting U.S. interests. He pointed out that market practices, even those previously criticized, are now tolerated if they align with the administration’s agenda. The rise of Trump-themed meme coins symbolizes this shift.
Crypto Community Supports Trump’s Vision
Despite concerns over asset selection, many crypto holders back Trump’s Strategic Crypto Reserve, seeing it as a step toward mainstream adoption and market growth. With recovering prices, optimism is growing.
Since taking office, Trump has driven regulatory clarity, forming a crypto task force and inspiring state-level Bitcoin reserve initiatives. These moves mark a stark departure from the previous administration’s restrictive stance on crypto.