Trump names XRP, SOL & ADA to be in US crypto strategic reserve – Firstpost
In recent weeks, though, cryptocurrency prices are down sharply, with some of the biggest digital currencies erasing nearly all of the gains made after Trump’s election win triggered a wave of excitement across the industry.
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US President Donald Trump said on Sunday that three cryptocurrencies—XRP (Ripple), SOL (Solana), and ADA (Cardano)—will be included in a new US crypto strategic reserve, spiking their value in market trading.
In a social media post, Trump said that his January executive order on digital assets would establish a reserve featuring these currencies. Following the announcement, the value of XRP, SOL, and ADA jumped by 10% to 35% in trading, with other digital assets also experiencing gains.
Trump said his…
