In a stunning development, US President Donald Trump has announced the establishment of a US cryptocurrency reserve featuring Bitcoin, Ethereum, Solana, Ripple (XRP), and Cardano, sparking an extraordinary surge in their market prices.
According to official statements released on March 2, 2025, President Trump revealed plans to create a national crypto reserve, positioning the United States as the “crypto capital of the world.” This bold move has electrified financial markets, driving significant price increases for the included cryptocurrencies as investors react to the news.
The announcement, first shared through an X post, initially highlighted Solana, Ripple (XRP), and Cardano as part of the reserve. A follow-up post soon clarified that Bitcoin and Ethereum would also be included, resolving early market confusion. Sources say this strategic inclusion reflects a focus on domestic assets—Solana, Ripple, and Cardano are often viewed as US-developed—potentially shifting the crypto market dynamics long dominated by Bitcoin and Ethereum. Furthermore, the decision aligns with Trump’s well-documented pro-crypto stance, a cornerstone of his vision to boost the US digital asset sector.
Historically, the US has approached cryptocurrencies with caution, with past administrations emphasizing regulations to combat fraud and money laundering. Trump’s pivot represents a dramatic departure from this trend, promising to foster innovation and growth in the industry. In the wake of previous regulatory crackdowns, this policy shift could mark a turning point for the nation’s role in the global crypto landscape.
According to industry experts, the creation of a US crypto reserve could legitimize digital currencies and draw in more institutional investors. However, insiders reveal concerns about potential volatility, as key details—such as how the reserve will be managed, funded, or allocated—remain undisclosed.
Confirmed by market analysts, this uncertainty might fuel fluctuations as investors await further guidance. Moreover, the initiative could encounter resistance from regulatory bodies or lawmakers wary of market manipulation and security risks, complicating its rollout. It’s also worth noting that Trump’s family ties to crypto ventures, including World Liberty Financial, have raised eyebrows, with some reports suggesting possible conflicts of interest.
The immediate market response was a significant price surge across the mentioned cryptocurrencies. According to Reuters, assets rose between 8% and 62% in trading on March 2, with specific gains reported as follows:
Cryptocurrency Prices Surge as of March 3, 2025, major cryptocurrencies are experiencing significant price increases following President Donald Trump’s announcement of a US crypto reserve. Recent market data from CoinGecko Show’s the following detailed price movements over the last 24 hours.
Bitcoin is trading at $94,000, up 9.1% in the last 24 hours, with a 7-day gain of 2.8% and a 30-day rise of 11.1%, boasting a 24-hour volume of $50,763,589,613 and a market cap of $1,843,157,808,071.
Ethereum has climbed to $2,500, surging 11.9% in 24 hours, with 7-day and 30-day gains of 12.2% and 26.7%, respectively, and a 24-hour volume of $32,764,926,053, with a market cap of $298,213,663,332.
Solana is at $176, up an impressive 19.6% in the last 24 hours, though its 7-day change is only 0.2%, with a 30-day increase of 28.7%, a 24-hour volume of $10,681,599,878, and a market cap of $84,623,129,126.
Ripple’s XRP has soared to $2.88, jumping 30.0% in 24 hours, with 7-day and 30-day gains of 9.5% and 8.9%, respectively, a 24-hour volume of $15,398,799,695, and a market cap of $162,336,370,010.
Cardano leads with a remarkable 59.4% increase in the last 24 hours, reaching $1.03, with a 7-day surge of 32.2% and a 30-day increase of 5.3%, supported by a 24-hour volume of $5,978,255,366. These gains reflect heightened market optimism following the recent policy shift.
In summary, President Trump’s unveiling of a US crypto reserve has jolted the financial world, propelling Bitcoin, Ethereum, Solana, Ripple, and Cardano to new heights. The bottom line is clear: while the announcement has ignited excitement, lingering questions about execution, regulatory hurdles, and ethical concerns leave the future uncertain. Readers should stay tuned as this developing story unfolds with more details expected soon.
