U.S. President Donald J. Trump has named five cryptocurrencies to be included in a U.S. Strategtic Reserve. The list includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), and Solona (SOL).
Trump said his order “directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World.” Later Trump added, “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve.”
Bitcoin is the foundation of the crypto economy. pic.twitter.com/fzfBxuafAC
— Michael Saylor⚡️ (@saylor) March 2, 2025
All assets mentioned by Trump had significant immediate gains in price.
(source)