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President of the United States, Donald Trump has tasked the Presidential Working Group to explore the creation of a “Strategic Crypto Reserve” that will include Bitcoin, Ethereum, Cardano, Solana, and XRP.
In a March 2 post on Truth Social, the president noted that the move will put an end to Biden’s hostile war against cryptocurrencies and make the United States the crypto capital of the world.
“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. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN,” he wrote.
Barely an hour after making this post, Trump updated the list of cryptocurrencies that will make the upcoming reserve to include BTC and ETH, stressing that “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve. I also love Bitcoin and Ethereum!”
Trump’s announcement comes barely two months after media reports from the likes of The New York Post and Reuters affirmed his intention to establish a reserve that will prioritize major cryptocurrencies, especially Bitcoin, XRP, Solana, and Cardano.
However, an act of Congress is still needed for this plan to scale through, but analysts remain optimistic, given the fact that most members of the legislative arm are pro-crypto.
Now that it is only a matter of time before the first-ever crypto reserve is created in the United States, the momentum across the industry has received a significant boost.
Bitcoin, XRP, Solana, Others Stage A Big Comeback Following Trump’s Crypto Reserve Announcement
The broader crypto market, which has been snoozing for weeks, suddenly roared back to life shortly after Donald Trump’s crypto reserve post dominated the airspace.
Major cryptos like Bitcoin, XRP, Solana, Ethereum, and Cardano all reacted with noticeable increases. Among the top gainers is XRP.
The third-largest crypto by market cap—which was initially stuck between $2 and $2.1 level for days—jumped 28% in the last 24 hours to hit $2.8—its highest since early February.
Bitcoin has also surged past the $90 level and currently targets $95k after registering nearly 9% price increase, while Solana has spiked 20% to $169.
The market-wide recovery also extends to Cardano and Ethereum, with the former seeing a whopping 59% pump to $1.01 and the latter moving up by 11% to $2,475.
Where To Buy XRP, ADA, SOL, ETH & BTC
After weeks of downside volatility which erased nearly all the gains made after Trump’s historic victory at the 2024 presidential polls, it appears the crypto market has finally found a catalyst that will bring forth the eagerly-awaited bull run.
The announcement by President Trump—which indicated that a crypto reserve might be implemented in the U.S. soon—has already triggered a wave of excitement across the industry, with investors showing more eagerness to load up on Bitcoin and top altcoins like XRP, Solana, Ethereum, and Cardano.
With the bullish momentum already regaining its strength, there is no better time than now for investors to consider securing their assets inside a strong wallet with consolidated security features.
There are several wallet solutions available on the market but the one that springs to mind when it comes to reliable and safe crypto storage is Best Wallet. Since its launch, it has kept an unblemished security track record, thanks to its integration of crypto heavyweight Fireblocks.
Fireblocks ensures that funds held inside the wallet are adequately secured through its Multi-Party Computation (MPC) technology, which ensures that private keys are split among multiple encrypted parts, and not kept in a single location.
Moreover, given its non-custodial posture, Best Wallet guarantees full privacy, making it possible for users to manage and grow their assets without the interference of a third party.
Complementing this feature is its no-KYC policy, which makes storing and trading cryptos more accessible than before. More so, being a wallet that’s optimized for mobile usage, Best Wallet is downloadable for free on Google Play and Apple Store. That ensures that users can easily keep up with their portfolios, even while on the move.
Another major reason why Best Wallet is being viewed as the perfect pick for all wallet users is its intuitive facility, which allows investors to buy, sell, and trade thousands of cryptocurrencies, including BTC, XRP, SOL, ETH, and ADA. The Web3 wallet boasts a total of 26 on-ramp and off-ramp providers so that users can enjoy the best rates whenever they buy and sell supported crypto coins.
Other standard features like seamless cross-chain swaps, staking perks, and iGaming features also contributed to its positive user experience.
Best Wallet is Upgrading to Multi-Chain Wallets!
We’re excited to announce a major upgrade to our wallet, bringing enhanced security, exciting new features, and future support for over 50 major blockchains!
Bitcoin is now live in Best Wallet! Manage $BTC alongside… pic.twitter.com/79UxFVZIv3
Meanwhile, being a decentralized platform with community-led governance, Best Wallet has been consistent in rolling out updates, further pushing it toward the path of achieving a fully-blown ecosystem. One of the most recent additions is its support for the Bitcoin chain, which elevates its multichain functionality.
Already, the top-tier wallet supports Ethereum, BNB, and Polygon, and with the addition of Bitcoin, Best Wallet has clearly distinguished itself from chain-specific wallets like Metamask.
Late last year, it also added the “Upcoming Tokens” tool, which has now become investors’ favorite for finding high-potential projects before they hit the mainstream market.
All of this and more has helped the wallet secure the endorsement of prominent crypto experts like ClayBro, who recently called it “the best crypto wallet with the best features for 2025.”
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