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Fortune
Fortune
Catherine McGrath

XRP and Solana soar then falter as Trump announces plans for a multi-asset crypto reserve

(Credit: Jakub Porzycki/NurPhoto—Getty Images)

The crypto market rallied over the weekend on news that a future national crypto reserve would include three additional coins. But the digital asset class has already lost some of its gains. 

President Donald Trump sparked a crypto Solana, XRP and Cardano would be included in a national “Crypto Strategic Reserve.” The pop was a respite from a market downturn over the past few weeks prompted by a memecoin debacle, a major hack, and general tariff jitters. 

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