Cryptocurrencies

Trump’s Crypto Bombshell: XRP, Cardano, and Solana Surge as U.S. Unveils Strategic Crypto Reserve

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Written By: Lilly Mwogah
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The cryptocurrency market erupted after Donald Trump announced the formation of a U.S. Strategic Crypto Reserve, placing key assets like XRP, Cardano , and Solana in the spotlight. Posting on Truth Social, Trump declared his ambition to make the U.S. the “Crypto Capital of the World”, sending shockwaves through the digital asset space.

The announcement marks the first time a U.S. president has officially recognized a strategic crypto reserve, shifting the conversation from speculation to policy. Trump also hinted at including more “valuable cryptocurrencies” in the future, further fueling investor enthusiasm.

As expected, prices for the selected tokens surged immediately after the revelation:

  • XRP skyrocketed by nearly 31%, hitting $2.85 as traders rushed to capitalize on the bullish momentum.
  • Cardano soared by approximately 60%, breaking key resistance levels and maintaining strong upside momentum.
  • Solana jumped 18% to around $172, riding the wave of optimism sweeping the market.

Cardano (ADA) Price Analysis – Can Bulls Maintain the Rally?

ADA’s price exploded past $1.00, fueled by Trump’s announcement and increasing demand. It is now testing the $1.14 resistance level, and if momentum sustains, the next target is $1.32. However, if ADA faces rejection, support at $0.84 will be crucial to prevent a selloff.

ADA Key Levels:

  • Resistance: $1.14, $1.32
  • Support: $0.84, $0.65
Cardano price today March 3, 2025

Solana (SOL) Price Forecast – Can SOL Break Past $180?

Solana gained 18%, reclaiming $163.53 resistance after bouncing from $127.39. A push past $179.38 could send SOL toward the psychological $201.23 level, while a dip below $151.39 might invite bearish pressure.

SOL Key Levels:

  • Resistance: $163.53, $179.38, $201.23
  • Support: $151.39, $139.03, $127.39
Solana price today March 3, 2025

XRP Price Prediction – Can It Reclaim $3.00?

XRP’s 31% surge brought it near $2.85, with bullish sentiment running high. A breakout above $2.89 could send it toward $3.40, while $2.47 serves as critical support.

XRP Key Levels:

  • Resistance: $2.89, $3.40
  • Support: $2.47, $2.21
XRPUSD price today March 3, 2025

Final Thoughts – The U.S. Crypto Policy Shift Could Reshape the Market

Trump’s Strategic Crypto Reserve announcement has undeniably shifted market sentiment, turning XRP, Cardano, and Solana into high-priority assets. With prices surging and institutional investors taking notice, the crypto market may be entering a new era of adoption and regulation.

This post was last modified on Mar 03, 2025, 13:27 GMT 13:27

Written By: Lilly Mwogah

Lilly Mwogah is a finance writer specializing in cryptocurrencies, forex, and indices. Passionate about simplifying complex financial topics, she creates engaging content for a broad audience. With a solid grasp of market trends and economic indicators, her work informs and empowers readers to navigate the dynamic finance world.

Published by
Written By: Lilly Mwogah