President Donald Trump announced on Sunday via Truth Social the specific cryptocurrencies to be included in a new U.S. strategic reserve of digital assets, following his January executive order.
The plan will include Bitcoin, Ethereum, XRP, Solana, and Cardano, with Trump later emphasizing that “BTC and ETH… will be at the heart of the Reserve.” This news triggered an immediate market surge, with Bitcoin jumping more than 11% to $94,164 and Ethereum rising about 13% to $2,516. The total cryptocurrency market gained over $300 billion within hours of the announcement.
Industry experts view this as a significant policy shift. Federico Brokate from 21Shares described it as signaling “active participation in the crypto economy by the U.S. government” with potential to “accelerate institutional adoption” and strengthen American leadership in digital innovation.
However, CoinShares’ James Butterfill expressed surprise at the inclusion of assets beyond Bitcoin. He noted that cryptocurrencies like XRP, Solana and Cardano are “more akin to tech investments,” suggesting the announcement reflects “a more patriotic stance toward the broader crypto technology space.”