President Trump has unveiled plans to incorporate XRP, Solana (SOL), and Cardano (ADA) into a proposed US Crypto Reserve. This initiative aims to strengthen the digital asset sector and follows the signing of an executive order to create a working group focused on assessing the potential for a national digital asset stockpile.

This move is seen as a response to the challenges the crypto sector has faced under the current administration. While the proposal has generated optimism about its potential to improve the overall crypto landscape, it has also raised concerns about its effect on Bitcoin’s market dominance.

Next Friday, President Trump will host the first White House Crypto Summit. This summit will gather industry leaders, CEOs, and investors to discuss the future of digital assets. The summit will be led by:

• David Sacks, the AI & Crypto Czar
• Bo Hines, the Executive Director

📎 Related coverage from: cryptobriefing.com