Trump Reveals U.S. ‘Crypto Reserve’ Price Bombshell—Sending XRP, Solana, Cardano And Bitcoin Soaring

Bitcoin and major cryptocurrencies Ripple’s $XRP, solana and cardano have rocketed higher after Donald Trump revealed plans to create a U.S.-focused crypto reserve.

The bitcoin price shot toward $90,000 per bitcoin following Trump’s post, despite not initially being named as part of the planned U.S. crypto reserve.

Ripple’s XRP and ethereum rivals solana and cardano—all regarded as U.S.-made cryptocurrencies—each rose between 20% and 50%.

A U.S. crypto reserve will elevate this critical industry after years of corrupt attacks by the Biden administration, which is why my executive order on digital assets directed the presidential working group to move forward on a crypto strategic reserve that includes XRP, SOL, and ADA," Trump posted to his Truth Social account, referring to Ripple’s XRP, solana and cardano and without mentioning Bitcoin.

“I will make sure the U.S. is the crypto capital of the world. We are making America great again.”

In a follow up post, Trump added: “Obviously, bitcoin and ethereum, other valuable cryptocurrencies, will be the heart of the reserve. I also love bitcoin and ethereum.”

The bitcoin price and wider crypto market—including Ripple’s XRP, solana and cardano—all surged following Trump’s election victory in November, climbing as traders bet he would follow through on his campaign promises to roll back Biden-era regulatory crackdowns on crypto markets and companies.

“The launch of a U.S. crypto strategic reserve marks a pivotal moment for digital assets, reflecting a major step in the government’s engagement with the crypto industry,” Federico Brokate, head of the U.S. business at crypto exchange-traded fund (ETF) issuer 21Shares, said in emailed comments.

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