U.S. President Donald Trump has revealed the assets that will be included in a U.S. strategic crypto reserve. In a statement on his social media platform, Truth Social, Trump announced that XRP, Solana (SOL), and Cardano (ADA) will be part of the reserve. He later clarified that bitcoin (BTC) and Ethereum (ETH) will also be included.
Trump emphasized the importance of establishing a U.S. Crypto Reserve to support the industry and counter the alleged attacks by the Biden Administration. He stated, “I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!”
Following the announcement, XRP, SOL, and ADA experienced significant price surges. While supporters of these assets celebrated, some BTC and ETH enthusiasts expressed disappointment and surprise.
Trump’s interest in a strategic crypto reserve dates back to his 2024 presidential campaign. In January, he signed an executive order directing a working group to evaluate the formation of such a reserve. The order did not explicitly mandate its establishment, but Trump now insists that the group should “move forward” on the reserve. A summit will be held on Friday with industry and government representatives.
Senator Cynthia Lummis previously introduced a bill proposing a strategic bitcoin reserve for the U.S. The bill aimed to authorize the U.S. Treasury to acquire one million bitcoins over five years, equivalent to approximately 5% of the total Bitcoin supply.
While several U.S. state legislatures have attempted to create their own strategic crypto reserves, most of these efforts have not gained traction.