President Trump Unveils National Crypto Reserve Including Cardano, XRP, and More: Here is What You Need to Know

1 week ago 34
  • Trump’s strategic crypto reserve includes ADA, boosting confidence in its long-term value
  • Cardano sees its biggest rally in months, outpacing Bitcoin and Ethereum
  • Investors await the first White House Crypto Summit for more clarity on ADA’s role

In a move that sent shockwaves through the crypto space, Donald Trump officially backed Cardano (ADA) as part of the U.S. Strategic Crypto Reserve. The announcement, made via Truth Social, confirmed that ADA, along with Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL), would be included in the reserve plan aimed at securing America’s position as a global crypto leader.

JUST IN: Cardano $ADA skyrocketed 80% in 2 hours to a high of $1.20 👀

Following President Donald Trump’s announcement of the $XRP, $ADA, and $SOL crypto reserve$ADA is the best performer of the 3, signaling EXTREME interest in Cardano 👀 pic.twitter.com/JWNNVWKxuZ

— BlockNews (@blocknewsdotcom) March 2, 2025

Trump didn’t hold back in his statement:

“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration… I will make sure the U.S. is the Crypto Capital of the World.”

But what really set ADA apart? Unlike BTC and ETH, which were added in a follow-up post, Cardano was among the first three tokens named—a sign that its role in the reserve could be more significant than many expected.

ADA’s 60% Rally Leaves Other Coins in the Dust

The market reaction was immediate. While Bitcoin and Ethereum saw 9% and 11% gains, ADA stole the spotlight with a staggering 60% surge—the largest of any major cryptocurrency following the announcement.

Cardano’s sudden price explosion highlights renewed investor confidence, especially after months of stagnation. Compared to Solana’s 22% jump and XRP’s 33% spike, ADA’s move suggests that traders see long-term potential in its inclusion in the reserve.

The surge also helped Cardano reclaim a stronger market position, reinforcing its relevance amid growing competition in the Layer-1 blockchain space. Whether this momentum sticks will likely depend on further government action and upcoming regulatory developments.

What’s Next? The White House Crypto Summit Holds the Answers

With ADA now in the spotlight, all eyes are on Trump’s first-ever White House Crypto Summit, set to take place on Friday. Investors are eager for details—how will the reserve be structured? Will the U.S. actively accumulate ADA over time? These questions could determine whether Cardano’s rally is just getting started or due for a pullback.

Read Entire Article