President Donald Trump has unveiled plans for a U.S. Strategic Crypto Reserve, a move that has sent shockwaves through the cryptocurrency market. The reserve will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA)—marking a significant shift in U.S. policy toward digital assets.
Trump made the announcement in a post on Truth Social, emphasizing that his administration is committed to making the United States the “Crypto Capital of the World.” He criticized the previous administration’s approach to digital assets, calling it a period of “corrupt attacks” on the industry.
Following the announcement, XRP surged 33%, Solana’s SOL jumped 25%, and Cardano’s ADA soared over 60%. Bitcoin rebounded 10% to $94,343.82, recovering from a recent dip below $80,000, while Ethereum climbed 13%, reversing some of its year-to-date losses.
The plan marks a notable distinction between a “crypto reserve” and a “crypto stockpile.” Unlike a stockpile, which simply holds existing digital assets, a reserve would involve the U.S. actively acquiring cryptocurrencies on a regular basis.
In a move further signaling his administration’s commitment to digital assets, Trump is set to host the first-ever White House Crypto Summit on Friday. Industry leaders and investors will be closely monitoring the event for further details on the strategic reserve and potential regulatory shifts.
As the crypto industry reacts to this landmark decision, the creation of a government-backed reserve could reshape the global digital asset landscape.
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