United States President Donald Trump has named XRP, Solana (SOL), Cardano (ADA), Bitcoin (BTC), and Ethereum (ETH) as key assets in a U.S. crypto reserve. The announcement, made Sunday via his Truth Social platform, marks the first time details have been provided about such a reserve.
Trump initially omitted BTC and ETH from the list, sparking debate among crypto enthusiasts. However, he later clarified that both BTC and ETH would also be included, reassuring investors in the two largest cryptocurrencies by market capitalization.
A new era for U.S. crypto policy
The announcement is a significant shift in U.S. crypto policy. Trump positioned the reserve as a way to support digital assets following what he called “corrupt attacks” by the Biden administration.
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration,” Trump stated. “My Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA.”
He further emphasized his commitment to making the U.S. a global leader in crypto innovation, declaring, “I will make sure the U.S. is the crypto capital of the world. We are making America great again!”
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BTC, ETH, XRP, ADA and SOL prices surge
The crypto market reacted swiftly and positively to Trump’s announcement. Notably, ADA surged by over 66%, XRP jumped 33% and SOL rose 23% following the news. While BTC and ETH have also surged nearly 10% since the development, bitcoin and Ethereum investors expressed disappointment over their exclusion, initially.
Swan, a Bitcoin-focused entity, criticized Trump’s decision, stating, “President Trump snatches defeat from the jaws of victory—announces he’s creating a ‘Crypto Strategic Reserve’ without mention of Bitcoin.”
However, Trump has addressed related concerns by confirming that BTC and ETH would also be part of the reserve, calling them “other valuable cryptocurrencies” at “the heart of the reserve.”
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Trump’s strategic crypto reserve has been in discussion since his 2024 campaign. Upon assuming office in January 2025, he signed an executive order directing a working group to assess the feasibility of a national digital asset stockpile. However, the order did not mandate immediate action.
On Sunday, Trump urged the Presidential Working Group on Digital Assets to move forward with formally establishing the reserve. To advance discussions, the working group will host a summit on Friday, bringing together crypto industry leaders and government representatives.
The inclusion of XRP, SOL, and ADA alongside BTC and ETH suggests a broader approach to digital asset adoption, potentially positioning the U.S. as a leader in the crypto market. As the U.S. moves toward formalizing its crypto reserve, investors and policymakers will closely watch its implications on regulation, market stability, and global competitiveness.
