President Donald Trump announced plans to form the United States’ first strategic cryptocurrency reserve (SCR). Trump shared the news on his social media platform Truth Social, stating that the reserve will include Bitcoin,

Crypto rallied on Sunday after President Donald Trump talked up digital assets including the Ripple-associated XRP token, Solana and Cardano in a post on Truth Social, his preferred social media platform.

Differing from prior calls for a national bitcoin stockpile, the strategic reserve will have bitcoin, ether, Ripple’s XRP, Solana’s SOL and Cardano’s ADA, according to the president’s Truth Social post.