President Donald Trump has unveiled a new U.S. Crypto Strategic Reserve, initially comprising digital tokens XRP (Ripple), Cardano (ADA), and Solana (SOL). This announcement led to a significant surge in cryptocurrency values.
The value of XRP jumped from $2.23 to $2.99, increasing its market capitalization by $44 billion; SOL’s price rose from $140 to $168, and ADA’s price increased from $0.68 to nearly $1.
Trump’s executive order aims to establish the U.S. as the “Crypto Capital of the World.” He stated, “A U.S. crypto reserve will elevate this critical industry after years of corrupt attacks by the Biden administration.”
