Declaring five main cryptocurrencies—Bitcoin (BTC), Ethereum ( ETH), XRP, Solana (SOL), and Cardano (ADA)—as the assets to be included, President Donald Trump has presented his concept for a U.S. strategic crypto reserve. With his most recent instructions meant to establish the U.S. as a worldwide leader in the crypto field, Trump’s attitude on digital currency undergoes a notable change in the announcement.
Trump first instructed the Presidential Working Group on Digital Assets to put ADA, XRP, and SOL into the reserve. Not too long later, he added ETH and BTC, labeling them the “heart of the reserve.” His remarks were posted on social media, where he underlined the government’s dedication to boosting the American digital asset sector.
This proclamation has already significantly affected the market. After Trump’s first post, XRP, SOL, and ADA saw fast increases; ADA jumped over 60% in a few hours. Once certified as part of the reserve, BTC and ETH also had a notable price surge.
Since his 2024 presidential campaign, Trump has been outspoken about supporting digital assets. Soon after assuming office, he signed an executive order guiding the working group toward the viability of a national digital asset reserve. However, the order initially did not specify which cryptocurrency will be part of the reserve.
At the forthcoming White House Crypto Summit, when government officials and business leaders will address regulatory policies and the future of digital assets in the United States, the establishment of a national crypto reserve is expected to be a hot issue.
Trump’s change in favor of cryptocurrencies indicates a dramatic turnaround from his former mistrust. He had written in the past off Bitcoin as a “scam.” But his latest activities point to a fresh will to support the expansion of digital assets and include them in American financial policies.
As the government develops reserve preparations, questions persist about the regulatory framework and whether legislative permission will be necessary. Still, Trump’s audacious approach on cryptocurrencies is changing the dialogue about digital assets and establishing the United States as a major actor in the world market.