A seismic shift rocked the cryptocurrency market on Sunday afternoon when former US President Donald Trump unveiled plans for a strategic national cryptocurrency reserve.¹ This reserve, encompassing Bitcoin, Ethereum, XRP, Cardano (ADA), and Solana (SOL), immediately ignited a surge in digital asset values and sparked widespread speculation about the future of US cryptocurrency policy.²

The announcement triggered an explosive rally across the market. Cardano experienced a dramatic 33% price surge, breaching the crucial $1 threshold. XRP climbed by 12% to reach $2.8 on Binance, and Solana also witnessed double-digit growth. Furthermore, Bitcoin soared past $91,000, registering a 3% increase within an hour.

This move by the US government to establish an official digital asset reserve marks a pivotal moment in cryptocurrency history. The initiative signals a push towards greater market control and aims to solidify the United States’ leadership in blockchain technology.

“While BTC and ETH are fundamental, the inclusion of leading altcoins like XRP, Cardano, and Solana demonstrates a forward-thinking approach,” Trump declared.

The rapid price escalation led to a significant wave of liquidations within the futures market. Approximately $160 million in investment positions were wiped out within an hour, with long positions dominating, highlighting strong investor confidence in further price appreciation.

The cryptocurrency community is now grappling with the question of whether this surge represents the onset of a sustained bull market or merely a fleeting wave of euphoria. Regardless, the initial days of March 2025 have undoubtedly become a landmark period in the annals of cryptocurrency market history.