🚀 Trump’s Crypto Move: XRP, SOL, ADA Set for a Breakout?
In a game-changing development, President Donald Trump has officially declared a U.S. Strategic Cryptocurrency Reserve, including $XRP
, Solana ($SOL ), and Cardano ($ADA ). The announcement, made on Trump’s Truth Social account, signals a major shift in U.S. crypto policy, aimed at positioning the nation as a global leader in digital assets.
A New Era for Crypto in the U.S.
Trump’s executive order on Digital Assets assigns a Presidential Task Force to oversee the reserve’s formation, ensuring a structured and corruption-free approach to crypto adoption. In his statement, Trump emphasized that this initiative will propel the industry forward after years of setbacks under the previous administration. His vision is clear: America will lead the digital financial revolution.
Market Impact & ADA Liquidations
Following the announcement, Cardano founder Charles Hoskinson expressed surprise, stating that he was unaware of ADA’s inclusion until the news broke. Meanwhile, traders are closely watching Cardano’s key resistance at $0.98—if breached, over $50 million in short positions could be liquidated, fueling further price surges.
With institutional interest rising and regulatory clarity improving, this could mark the beginning of a major bullish phase for the crypto market. Are we witnessing the next big rally?