How did Ripple sold Trump on XRP in the encryption reserve? By pressing for Solana

New reports indicate that Ripple executives were aware that the reserve that did not include the other most famous altcoins would be considered a problem.
The XRP price jumped by 28 % on Trump’s announcement that it will be included in a national reserve.
(Shutterstock)
Posted 5 March 2025 at 6:40 pm EST.
Ripple Labs executives, including CEO Brad Garlinghyus, and chief legal officials, Steo Aldouti, had developed President Trump to include Seoul in the encryption reserve plan on Sunday to give reserve more legitimacy between the encryption community, according to two sources familiar with the matter. The Sol Insert also helped Ripple to transfer that he was defending the encryption reserves that included many American symbols.
Ripple Labs, which tops the distinctive symbol XRP, was done, criticize For years as a large speculative origin with insufficient use to justify the market value of $ 145 billion.
However, if this is the goal, the plan did not succeed because the general announcement was still met by the encryption community. This did not help that Trump failed to mention Bitcoin and Al -Atheer in his position on this topic.
The first three codes mentioned, XRP, Sol, and Ada are not seen as valuable stores, which leads to many questions about whether the reserve is a dangerous project and large quantities of these symbols will accumulate or just a way to give the first investors familiar with these symbols to enhance public relations. Polymarket’s possibilities on any of these assets are currently in an American reserve only Bitcoin above 50 % (by 64 %), with ETHEREUM second place at 42 %, XRP, Sol neck and neck by 29 % and 28 % respectively. There is no ADA backup on Polymark.
Ripple wants everyone to work together
In response to the request to comment on whether Ripple has been pushed to insert a Sol in a stadium to insert XRP look more convincing, he told a Ripple Unchained press representative to refer to a tweet from Garlinghouse on Sunday after Trump announced the social reserve.
Pamphlet Readfor “I have said this before – the encryption industry will achieve our goals (and beyond), if we work together. We appreciate the chief encryption RealdonaldtrumpA vision of the government’s digital asset reserve. The maximum is the enemy of the industry. Happy to see Potus realizes that we live in a multi -time world, and that we are finally moved from Bill Henman’s thinking and very broken Biden management. Certainly, I will continue to link this while you are in Washington this week. “
This is a common topic of rippral and communications leaders – the industry should work together and not draw swords against each other. Therefore, it also provides some cap for Ripple’s desire to include other codes in the reserve.
All eyes on Friday
The industry is now converting its view to the weekend, when the White House is scheduled to host the top of the first encryption policy. Countries will wait for more details about the reserve makeup, including whether to add additional and insight into the purchasing strategy.
Another major question to be answered is whether a meaningful amount of symbols that exceed BTC, perhaps ETH, will be included in the reserve. If only symbolic amounts are deposited, the total effect of President Trump’s announcement will be canceled on Sunday, which led to a huge increase in the price of each symbol.
Exploited prices today by Trade Minister Howard Lottenic has already hinted that this might be the case. “Bitcoin’s strategic reserve is something that the president cares about. He talked about everything during the campaign’s path, and I think you will see that it was carried out on Friday, “Lutnick He said In an interview with Pavlovich.
He added: “So bitcoin is one thing, then other currencies, other coding symbols, I think, will be dealt with differently – differently, but differently.”
White House representatives and Solana, including the co -founder of Solana Anatoly Yakovenko, have not responded to the requests for comment before publishing. After publishing, Yakovnko certain On X he did not put the president on Seoul in a reserve.
Update March 5 8:03 pm EST time: This story was updated to say that both representatives of Solana and the White House did not respond to the request for comment.
March 6 update 9:15 am Easter: This story was updated to include Yakovenko’s tweet, which confirms that he did not put Sol as a backup asset.
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