Donald Trump has proposed the inclusion of altcoins such as XRP, Solana, and Cardano in a US crypto reserve, sparking mixed reactions from industry leaders. Following Trump's announcement on March 2nd, prices of these digital assets saw significant gains, with XRP rising over 35% and Cardano jumping more than 60%. Blockchain experts suggest the selection might be market capitalization-based rather than reflecting actual strategic value. Despite temporary gains, the crypto market has since experienced declines, with broader asset class sell-offs contributing to this downturn.

In a landmark move, President Donald Trump has announced the establishment of a Strategic Bitcoin Reserve, positioning the United States as a dominant force in the cryptocurrency landscape. This initiative aims to bolster the nation's financial infrastructure by integrating Bitcoin into its reserves, signaling a significant shift toward digital assets.