Trump Unveils U.S. Crypto Reserve Plan, Sending Markets Soaring

By James, Admin

​Washington, D.C. – March 2, 2025 – President Donald Trump set the cryptocurrency world on fire today with a surprise announcement that the United States will establish a strategic cryptocurrency reserve, a move he says will cement America’s dominance in the digital asset space. In a morning post on Truth Social, Trump revealed the plan, naming five specific cryptocurrencies—XRP, Solana (SOL), Cardano (ADA), Bitcoin (BTC), and Ethereum (ETH)—and framing it as a counterpunch to what he called “years of corrupt attacks” by the Biden administration.

“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 wrote at 9:19 a.m. PST. Roughly an hour later, at 10:11 a.m. PST, he added, “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve. America First!” The posts triggered an immediate market frenzy, with XRP surging 33%, SOL climbing 25%, and ADA rocketing over 60% by midday, per Coinbase data. Bitcoin and Ethereum, the heavyweights, jumped 10% to $94,343 and 13% to $2,516, respectively.

The announcement ties back to Trump’s January 23 executive order, issued shortly after his inauguration, which created a Presidential Working Group on Digital Assets to explore a “national digital asset stockpile.” Today’s posts are the first time he’s publicly specified which cryptocurrencies will be included, shifting the narrative from a vague stockpile to a formal “strategic reserve.” The White House has yet to release an official statement, leaving analysts and investors scrambling to decode Trump’s intent. Posts on X buzzed with speculation, some hailing it as a “game-changer” for crypto legitimacy, others questioning why lesser-known coins like XRP, SOL, and ADA made the cut alongside Bitcoin and Ethereum.

Market reaction was swift and seismic. The total crypto market cap swelled by over $300 billion within hours, according to CoinGecko, reversing a February slump that saw Bitcoin dip below $80,000. Trump’s timing seems calculated—crypto prices have been shaky since his January inauguration, battered by a hacked exchange and the collapse of meme coins tied to his family. Today’s rally suggests a deliberate