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last mo.

Trump Announces Plan for U.S. Crypto Reserve, Boosting XRP, Solana, and Cardano Prices

The President's proposal aims to establish a national cryptocurrency stockpile, elevating U.S.-based digital assets and reversing prior regulatory policies.

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Overview

  • President Donald Trump has unveiled plans for a U.S. Crypto Reserve, highlighting XRP, Solana (SOL), and Cardano (ADA) as key assets.
  • The initiative follows a January executive order directing a working group to explore the creation of a federal cryptocurrency stockpile.
  • Trump's announcement signals a shift in U.S. crypto policy, aiming to position the country as a global leader in digital assets.
  • The prices of XRP, Solana, and Cardano surged by 20% or more following the announcement, reflecting market optimism about the proposal.
  • The reserve could potentially include assets lawfully seized by the federal government, according to prior policy discussions outlined in the executive order.