President Donald Trump said over the weekend that his plan for a national crypto reserve now includes Solana, XRP, Cardano, and Ethereum instead of just Bitcoin. While excitement over the news temporarily halted the crypto market’s recent selloff, prices are tumbling again, and industry leaders are voicing concerns about Trump’s multi-asset plan.
While many crypto executives have been vocal supporters of Trump, spending millions on his campaign and publicly endorsing him, the two factions are clashing for the first time since the crypto-friendly president took office. In his first few weeks, Trump delivered on many of his crypto promises, including supporting a plan for a national crypto reserve, but some of his allies disagree with him on how to implement the policy.
