Trump Announces U.S. Crypto Reserve Featuring Bitcoin, Ethereum, and Altcoins

The initiative aims to establish a national crypto reserve, including Bitcoin, Ethereum, XRP, Solana, and Cardano, to bolster U.S. leadership in digital assets.

President Donald Trump revealed plans for a U.S. strategic crypto reserve, emphasizing Bitcoin and Ethereum as its core components.
The reserve will also include altcoins such as XRP, Solana (SOL), and Cardano (ADA), a decision that has sparked discussions about their inclusion alongside Bitcoin and Ethereum.
Trump's executive order directs the creation of a regulatory framework for digital assets and evaluates the use of cryptocurrencies seized by the government to form the reserve.
The announcement led to significant market reactions, with Bitcoin prices rising over 10% and altcoins like Cardano and XRP experiencing even larger percentage gains.
Industry leaders and policymakers, including Senator Cynthia Lummis, are engaging in discussions to shape the reserve's structure, with a White House Crypto Summit scheduled for March 11.