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Does XRP, SOL or ADA belong in a US crypto reserve?

cryptoweekly by cryptoweekly
March 5, 2025
in bitcoin, News
0

Bitcoin and Ether were widely expected in a US crypto reserve, but American-made projects like Ripple, Solana and Cardano raise eyebrows.

The US crypto industry finally got what it wanted when President Donald Trump announced plans to form a national crypto reserve on March 2. But instead of celebration, the decision sparked backlash — not from the usual suspects in traditional finance or regulators but from within the crypto world itself.

The controversy arises from the selection of assets in the reserve. During his election campaign, Trump pledged to create a “national Bitcoin stockpile,” making the inclusion of Bitcoin (BTC) — and, to some extent, Ether (ETH) — expected. However, the addition of XRP (XRP), Solana (SOL) and Cardano (ADA) has divided the industry.

These three assets carry baggage, ranging from centralization concerns to doubts about real-world adoption. Proponents highlight their technological advancements and market potential, but skeptics argue they lack the stability, institutional trust and global acceptance needed for a national reserve.

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