BREAKING News – Trump Shocks Crypto World: Names XRP Ripple, Solana, and Cardano for U.S. Crypto Reserve, Sending Markets into Overdrive

In a shocking twist that sent shockwaves through the cryptocurrency world, President Donald Trump has announced that XRP (Ripple), Solana (SOL), and Cardano (ADA) will be included in the United States’ newly established Crypto Strategic Reserve. The surprise announcement not only added stature to these cryptocurrencies but has also changed their market cap valuations remarkably.​

The Creation of the Crypto Strategic Reserve for XRP

President Trump made the revelation that the United States government will form a Crypto Strategic Reserve to contain some of the most critical cryptocurrencies on March 2, 2025. He originally indicated Bitcoin (BTC), Ethereum (ETH), XRP, Solana, and Cardano to be included in it. He emphasized that it is an integral part of his administration’s push to turn America into the cryptocurrency leader globally as he announced, “I will make sure the U.S. is the Crypto Capital of the World.”

Immediate Market Reactions on XRP, SOL and ADA

The news immediately and profoundly affected the cryptocurrency markets:

XRP (Ripple): XRP Experienced a gain of approximately 32%, reaching an intraday high of $2.96.

Solana (SOL): Recorded a gain of approximately 25%, with prices reaching $178.83.

Cardano (ADA): Increased by over 60%, reaching an intraday high of $1.13.

These significant gains indicate the market’s favorable reaction to the administration’s strategic action.

Strategic Implications

Inclusion of XRP, Solana, and Cardano in the U.S. Crypto Strategic Reserve has several far-reaching implications:

Greater Legitimacy: The move lends institutional legitimacy to these cryptocurrencies, potentially attracting more investors and leading to broader adoption.

Regulatory Clarity: The establishment of the reserve can lead to clearer regulatory environments, offering a blueprint for business and investors in the crypto space.

Market Stability: Through the categorization of these assets as strategic reserves, the government aims to stabilize their markets, reduce volatility, and encourage long-term investment.​

Global Reactions and Future Outlook

Internationally, the news has provoked varied reactions:

Positive Reception: Countries observing the U.S.’s visionary approach may be encouraged to develop their own cryptocurrency policies, even XRP ETF could be a reality, which would make the digital asset market more integrated across the world.

Regulatory Implications: Nations with strict cryptocurrency regulations would rethink their position, balancing the requirement for innovation with financial stability.​

The future will also be contingent on what the U.S. administration will do next and how it would determine the future of the crypto space. The White House Crypto Summit, scheduled on March 7, 2025, is anticipated to reveal the government’s plan and promote collaboration between the private and public sector.​

Whats Next for XRP

President Trump’s inclusion of XRP, Solana, and Cardano in the U.S. Crypto Strategic Reserve is a landmark development in the history of digital assets. In addition to supporting the market status of these cryptocurrencies, this move also represents greater acceptance and assimilation of digital assets into national economic plans. As events unfold, players around the globe will be keenly observing the effects on market dynamics, regulatory climates, and worldwide economic trends.

Bitcoin is the foundation of the crypto economy. pic.twitter.com/fzfBxuafAC

— Michael Saylor (@saylor) March 2, 2025