Trump’s U.S. Crypto Reserve includes XRP, Solana, Cardano, Bitcoin, and Ethereum, aiming for global leadership.
Markets surged: XRP +32%, ADA +63.14% to $1, SOL +22%, BTC at $94,000 (+10%), ETH +10%, total cap > $1 trillion.
White House Crypto Summit on March 8, led by David Sacks and Bo Hines, will finalize policy and incentives.
Trump announced forming a U.S. Crypto Strategic Reserve, where he opted to add XRP, Solana (SOL), and Cardano (ADA) as initial assets, later followed by Bitcoin (BTC) and Ethereum (ETH). The move, announced on Truth Social on March 2, 2025, aims to position America as a global leader in crypto.
Trump framed the move as a correction to previous administration policies, stating:
The White House Crypto Summit on March 8 will bring together leaders in blockchain, regulators, and policymakers to influence the design, regulation, and incentives of the reserve. Crypto Czar will be venture capitalist David Sacks, and Bo Hines will oversee planning.
Trump’s announcement of crypto strategic Reserve made a market-wide upsurge.
XRP jumped 32%, as investors saw regulatory relief ahead.
Cardano (ADA) soared 63.14%, reclaiming $1 for the first time in months.
Solana (SOL) surged 22%, reflecting strong institutional interest.
Bitcoin (BTC) climbed 10%, stabilizing around $94,000.
Ethereum (ETH) gained 10%, reinforcing its DeFi dominance.
Total market cap crossed $1 trillion.
The TRUMP Organization recently filed the “TRUMP” trademark on February 24, 2025, directed towards NFTs, virtual real estate, and metaverse-connected experiences.
Trump’s Crypto Reserve initiative is a turning point, representing a shift in American crypto policy to spur institutional take-up and government-approved digital asset incorporation. The upcoming White House Summit will shape the nation’s next chapter of blockchain leadership.