“Ripple insisted on Sol to add xrp “looked more legitimate.” Donald Trump will reveal new details about the reserve composition. Former Morgan Stanley leader Michael Grimes is likely to lead the National Welfare Fund. Ripple Labs executives suggested that US President Donald Trump include SOL in the strategic reserve of digital assets (SBR), which was announced on March 2. This step has to make add xrp […]”, – WRITE: Businessua.com.ua
- Ripple insisted on Sol to add xrp “looked more legitimate.”
- Donald Trump will reveal new details about the reserve composition.
- Former Morgan Stanley Michael Grimes is likely to head the National Welfare Fund.
Ripple Labs executives suggested that US President Donald Trump include SOL in the strategic reserve of digital assets (SBR), which was announced on March 2. This step should make XRP more legitimate, UNCHAINED writes with reference to sources.
CEO Ripple Brad Harlinghaus emphasized the importance of working together in the crypto industry. According to him, the approach of the Trump administration reflects the movement to the world with a variety of blockchain solutions, “free from unnecessary maximalism.”
I’ve Said this Before – The Crypto Industry Will Achiev Our Goals (and Beyond), if We Work Together. Appreciate the Crypto President @Realdonaldtrump’s Vision of A Govt Digital Asset Reserve Representative of the Industry.
Maximalism is the Enemy of the Industry’s Progress.… Https://t.co/giaai1nurk
– Brad GarlingHouse (@bgarlingHouse) March 2, 2025
At the time of writing XRP, it is traded at $ 2.54, adding 2.9% per day (Coingcko data).
Cryptosamite On March 7, the first cryptosamite will take place in the White House. The forum is expected to reveal new details about the composition of the reserve, which is likely to enter ADA along with XRP and SOL.
US Minister Howard Lutnik hinted that bitcoin would give “special status” according to Trump’s plans, and the attitude towards other cryptocurrencies will be “positive”.
On the Polymarket forecasts platform, the likelihood of Xrp in the reserve is estimated at 29%, which can be compared with the indicator for SOL (28%). For comparison, the estimate for bitcoin is 65%, and for Ethereum – 42%.
“We will win” Cardano Charles Hoskinson founder in a direct broadcast stated that he did not know about Trump’s intention to bring ADA to cryptores.
“We deserved it to show ourselves on bad days, and there will be more of them and we will win,” he commented.
The price of ADA decreased by 0.2% to $ 0.9446 in the last day.
Dream of Bitcoin Maximalists? The Chief Investment Director of Bitwise Matt Hougan noted that market participants were treated with altcoin enrollment in cryptoresis with distrust. According to him, assets with low capitalization in SBR “unjustifiably complicated the situation.”
“When the dust comes down, I suspect that the final reserve will be almost completely a bitcoin, and it will be larger than people think,” Hougan said.
The price of the first cryptocurrency jumped on the news about its inclusion in SBR, but then dropped below $ 83,000 and recovered to $ 91 384 on March 6.
The collapse of decentralization? Solana co -founder Anatoliy Yakovenko claims that it is better not to create a cryptoreser. According to him, if the government is managing SBR, it will “collapse decentralization.”
My Reserve Order of Preference
1. No Reserve, Because if You Want Decentralization to Fail You’d Put The Government in Charge of It.
2. Or States Run Their Own Reserve As a Hedge Against the Fed Making A Mistake
3. Or if there have a reserve, it’s bassed on Objectively… https://t.co/lfyxcierng
– Toly 🇺🇸 (@aeyakovenko) March 6, 2025
“Either the states manage their own reserves as Fed’s Error Insurance, or SBR must be based on objectively measured requirements […] If there is a goal to be achieved, the Solana ecosystem will handle it, ”Yakovenko said.
The SOL course is $ 148.95, daily increase is 3.3%.
According to Reuters, the former Morgan Stanley leader Michael Grimes will head the Trump Fund of National Welfare Funded by Foreign Tariffs. The discussion is ongoing, the final decision has not yet been made.
We will remind, on March 3, the EURO Pacific Capital President and Bitcoin Critic Peter Schiff urged Congress to begin investigating Trump’s actions, which he called “the largest cryptons in history.”
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