Trump is called XRP, Solana and Cardano for the encryption reserve, and sending high markets

On Sunday, US President Donald Trump shook the cryptocurrency world, declaring that XRP (Ripple), Sol (Solana) and Ada (Cardano) will be included in a newly formed new group Strategic reserve for encryption. This step sent all the three assets that rose between 10 % and 35 % in the market trade, Reuters said.
Trump revealed the decision on a social media publication, and linked him to his executive order in January on digital assets. “I will make sure that the United States is the world of encryption in the world,” and announced that directing the presidential work group to move forward in the reserve plan.
Trump’s encryption play: a changing games or just a shock in the market?
This advertisement represents a sharp shift in politics from the Biden administration, which was taken in the encryption industry on fears about fraud and money laundering. On the contrary, the Trump campaign for 2024 won the great support of the CEO of encryption, and the latest step signals that he intended to make for his pro -profit promises.
While the news initially ignited a gathering, the broader cryptocurrency markets have struggled in recent weeks, as many digital assets of post -election gains have been struggled. Analysts believe that the most sustainable market batch will require either discounts in interest rates from the Federal Reserve or a clearer regulatory framework than the Trump administration.
Never answered questions: How will the encryption reserve work?
Despite the excitement, the details of the encryption reserve remain unclear. Some experts speculate that it can be funded through the US Treasury Stability Fund, which is traditionally used to manage foreign currencies. Others suggest that it may involve encrypted currencies that have been seized in law enforcement procedures.
Legal scientists are divided into whether the reserve can be created without the approval of Congress. Meanwhile, Trump’s inner circle is pressing that his family has launched its own cryptocurrency, and the first is at all. The top of the White House encryption He was appointed for Friday.
As the administration doubts its pro -leasing position, all eyes are now on Washington to see if Trump’s bold step is the beginning of a new financial era or just a reactivation in the short -term market.