$XRP Last Sunday, US President Donald Trump made waves in the cryptocurrency market by sharing a significant message on his social media platform, Truth Social. His post suggested that Ripple ($XRP), Solana ($SOL), and Cardano ($ADA) would be included in a strategic crypto reserve, a move that many interpreted as a strong endorsement of these digital assets. This announcement ignited a massive buying frenzy among investors, leading to a dramatic surge in cryptocurrency prices. Bitcoin, the leading cryptocurrency, saw its value skyrocket by over $10,000, jumping from $85,000 to an impressive $95,000. Meanwhile, Ethereum (ETH) and Solana (SOL) also experienced substantial gains, with both assets recording double-digit percentage gains.

The excitement surrounding Trump's announcement had a particularly pronounced effect on Ripple ($XRP) and Cardano ($ADA), both of which are ranked among the top 20 cryptocurrencies by market capitalization. Ripple's value surged by an astonishing 34%, while Cardano's price skyrocketed by 72% within a single day. Additionally, the Official Trump ($TRUMP) token, which is tied to Donald Trump himself, also benefited from the market surge, gaining 28% in value as investors reacted positively to the news.