On March 2, 2025, U.S. President Donald Trump announced the creation of a U.S. Crypto Strategic Reserve, a move to strengthen the country’s position in the digital asset space. The initiative signals a major shift in national policy, focusing on the adoption and integration of key crypto assets into the financial landscape. With this announcement, the U.S. intends to take a significant step towards mainstream crypto adoption, setting the stage for potential regulatory clarity and increased institutional participation.
Making it Official
In Trump’s announcement made on Truth Social, he emphasised the need to strengthen the crypto industry through the establishment of a U.S. Crypto Strategic Reserve. As part of an “Executive Order on Digital Assets,” the Presidential Working Group has been tasked with advancing this initiative, which will include key crypto assets such as XRP, Solana (SOL), and Cardano (ADA). “I will make sure the U.S. is the Crypto Capital of the World,” Trump’s post added.
Additionally, a follow-up statement underscored that Bitcoin (BTC) and Ethereum (ETH) will serve as the core pillars of the U.S. Crypto Strategic Reserve. “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!” the official post mentioned.
Crypto Market’s Reaction
Following the announcement, XRP saw a sharp 33% spike, while Solana’s associated token climbed 25%. Reportedly, Cardano led the rally with an impressive 60% surge. Moreover, market reports show that Bitcoin rebounded 10%, reaching $94,343.82, after briefly falling below $80,000. Meanwhile, Ether witnessed a recovery of 13%.
At the time of writing, Bitcoin and Ethereum were trading at around $91,920 and $2,365, respectively. Other crypto assets included XRP, trading at around $2.63, Solana at approximately $160.65, and Cardano at close to $0.9712.
Conclusion
Trump’s announcement of the U.S. Crypto Strategic Reserve marks a pivotal moment for the digital asset industry, signalling a pro-crypto shift in national policy. With Bitcoin, Ethereum, and other key crypto assets at its core, the initiative is designed to strengthen the U.S.’s standing as a key player in the global crypto industry. The market’s immediate reaction—with major crypto assets surging—reflects growing optimism toward this approach. As the framework takes shape, all eyes will be on the next steps, including regulatory developments and the long-term impact on institutional adoption.
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