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International Business Times
International Business Times
Business
Marvie Basilan

$XRP, $SOL Pump Amid Report Trump Open To Strategic Reserve Around US-Based Altcoins

Donald Trump XRP altcoin Bitcoin United States Brad Garlinghouse Polymarket Ripple America Crypto
Top altcoins $XRP and $SOL climbed Thursday night. (Credit: Pixabay)

KEY POINTS

  • Trump is reportedly open to a digital asset reserve prioritizing US-launched altcoins
  • The incoming president is said to have met with the founders of such America-based cryptocurrencies
  • Trump recently had dinner with Ripple CEO Brad Garlinghouse and Ripple's CLO Stuart Alderoty
  • $XRP jumped over 7%, while $SOL climbed more than 4% in the last 24 hours

Major altcoins XRP and Solana (SOL) pumped Thursday night after a report indicated that incoming President Donald Trump is "receptive" to the idea of a digital asset strategic reserve that prioritizes cryptocurrencies launched by companies founded in the United States.

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