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HomeNewsBreaking: Could Trump’s Strategic Reserves Propel XRP, Solana, and USDC to New...

Breaking: Could Trump’s Strategic Reserves Propel XRP, Solana, and USDC to New Highs?

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  • Donald Trump’s plans to include XRP, Solana, and USDC in an America-first strategic reserve have sparked speculation about a potential surge in their market values.
  • Ripple’s XRP, already nearing its old highs, could see further growth alongside Solana and USDC as part of a broader push to integrate U.S.-founded digital assets into the national economy.

The United States has long been hailed as the hub for cryptocurrency. Notably, as per a 2021 report, 86% know something about crypto. Recent developments have revealed Donald Trump’s openness to integrating cryptocurrencies like XRP, Solana, and Stablecoin USDC into an “America-first strategic reserve.”

Reminiscing, Pro crypto Donald Trump has publicly endorsed cryptocurrency as a whole. Mid December last year, Donald Trump confirmed Bitcoin reserve plans evident when he vividly asserted with a leading news media.

We’re gonna do something great with crypto because we don’t want China, or anybody else … but others are embracing it, and we want to be ahead, Trump told CNBC.

Additionally, “Yes, I think so,” Trump said in response to a question about whether the U.S. will create a bitcoin strategic reserve similar to its oil reserve.

Things now have escalated, sources close to Trump’s transition team have reported that plans are already underway to implement pro-crypto executive orders after his inauguration on JANUARY 20.

Its is worth mentioning that this will be a very eventful date. For starters Donald Trump inauguration date stands strong on that day. Additionally, the crypto community eagerly awaits the resignation of SEC Chairperson, Gary Gensler who was supposed to push further on up to 2026.

Resuming to the core issue, one of the most contentious ideas involves establishing strategic reserves prioritizing U.S founded cryptos. Notably, XRP, Solana and stablecoin USDC take center stage.

Ripple executives, including CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty, recently met with Trump at Mar-a-Lago, reportedly advocating for XRP’s role in the proposed reserves. While Bitcoin’s inclusion in the reserves has also been discussed, insiders have raised concerns that Trump’s focus on alternative coins could overshadow efforts to legitimize Bitcoin as a strategic asset.

On the heels of this news, XRP has risen significantly. At the time of writing, XRP is swapping hands with $3.30 marking a 15.34% surge in the past 24 hours. This positive rally  comes amid speculations of a favorable regulatory environment.

Notably, Early December saw Donald Trump tap Paul Atkins as the new SEC chaorperson once Gary Gensler resigns. This was put to the public when the president elect posted it on the social media platform Truth Social.

If XRP becomes a part of Trump’s strategic reserves, its price could soar past its January 2018 peak, previously misrepresented as $3.84 due to inflated Korean exchange rates. Ripple CTO David Schwartz clarified that this reported all-time high (ATH) did not accurately reflect global market conditions.

With XRP inching closer to reclaiming its true ATH, Trump’s endorsement could serve as a catalyst, driving institutional and retail interest in the asset.

Solana and USDC

Solana, known for its high-speed blockchain, and USDC, a leading U.S.-based stablecoin, are also strong candidates for strategic reserves. Solana’s resilience, evident in its recovery from previous setbacks, positions it as a viable asset for national reserves. Meanwhile, USDC’s stability and regulatory compliance make it an ideal choice for integrating digital assets into traditional finance.

 

 

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