US President Donald Trump announced the issuance of an executive order aimed at creating a national crypto reserve, which will include Bitcoin, Ethereum, as well as Ripple (XRP), Solana (SOL), and Cardano (ADA) coins. The politician instructed a special working group dealing with digital assets to accelerate work on this project.

Trump emphasized that Bitcoin and Ethereum will form the basis for the future reserve.

In a recent speech, Trump emphasized that the formation of a strategic reserve of digital assets is designed to restore confidence in the crypto industry. This was a response to the "attacks" of the former US administration, which, according to him, damaged the industry.

After the announcement on March 2 about the creation of a national crypto reserve, the market responded with a sharp increase in rates. Bitcoin rose in price by 8%, Ethereum - by 12%, and the cost of XRP soared by 25%. Solana and Cardano also showed significant growth, up 17% and 44%, respectively.

Earlier, Trump signed an executive order aimed at strengthening the US position in the field of digital financial technologies. The document covers the development of the cryptocurrency industry and central bank digital currencies (CBDCs).