The Cryptomarkt has had a tough week, in which almost all crypto coins firmly undermined. Coursing fell through the ice and the sentiment was negative. But today that suddenly changed.
The prices of several large crypto coins have just shot up, in particular XRP, Solana (SOL) and Cardano (ADA). The reason? Donald Trump has announced that it will set up a ‘crypto strategic reserve’ in which these three coins play a prominent role.
What does this mean for the crypto world?
Trump’s announcement is a game check for the cryptomarket. With a strategic reserve, the US government may give an official status to certain crypto coins. This could mean that XRP, Solana and Cardano will play an important role in the financial system of the US in the future.
Such a step can have far -reaching consequences:
- Institutional adoption: Large companies and financial institutions may invest faster in these coins.
- Regulatory benefits: XRP, SOL and ADA may receive a preferred treatment when it comes to regulations, making them more attractive to investors.
- Market: Trust in the cryptomarkt can increase greatly, leading to a broader acceptance and further price increases.
Course shoots up
The market responded directly to the news, with huge price increases for the aforementioned crypto coins:
- XRP rise with 15% In a short time.
- Solana (Sol) climbed with 14% upwards.
- Cardano (there) knew the biggest jump and rose by more than 30%.
Trump’s announcement has not only turned the cryptomarkt upside down, but also brought hope for a future in which certain crypto coins may receive official status within the American economy. This news will undoubtedly provide further movement in the market in the coming days.
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Source: https://newsbit.nl/trump-kondigt-crypto-strategische-reserve-aan-met-xrp-solana-en-cardano/
