Trump States Crypto Reserve Will Hold XRP, Solana, Cardano—And ‘Obviously’ Bitcoin and Ethereum
- President Trump announced a U.S. strategic crypto reserve including XRP, Solana, Cardano, Bitcoin, and Ethereum to position the country as the crypto capital of the world.
- The announcement caused immediate price surges: XRP up 21% to $2.61, Solana up 12.5% to $158, Cardano up 37% to $0.87, and Bitcoin up 7.6% above $91,000.
- Trump’s initial Truth Social post omitted Bitcoin, leading to confusion, which he clarified in a follow-up post emphasizing BTC and ETH at the reserve’s heart.
- This fulfills campaign promises made at Bitcoin 2024 in Nashville, contrasting with Biden-era regulatory crackdowns on firms like Coinbase, OpenSea, and Robinhood.
- Ripple, linked to XRP, faced accusations in January of undermining Bitcoin-centric reserve efforts.
WEEX Crypto News, 2026-02-04 09:48:10
Trump’s Announcement on U.S. Crypto Reserve
President Trump declared on Sunday via Truth Social that the U.S. will establish a strategic crypto reserve featuring XRP, Solana, Cardano, Bitcoin, and Ethereum, aiming to counter years of regulatory attacks and boost the industry. This move follows his executive order directing a Presidential Working Group to advance the reserve, with BTC and ETH central to it.
Trump’s first post sparked confusion by listing only XRP, SOL, and ADA. Observers questioned the exclusion of Bitcoin, the top asset by market cap. He quickly followed up, stating BTC and ETH would obviously lead the reserve. He expressed personal affection for Bitcoin and Ethereum too.
This reserve targets making America the crypto capital. Trump blamed Biden’s administration for corrupt assaults on the sector. His executive order pushes the group to include these assets. We at WEEX see this as a pivot from enforcement to embrace, much like shifting from high slippage trades to deep liquidity pools.
The announcement ties back to his campaign. At Bitcoin 2024 in Nashville, Trump promised to retain all government-held Bitcoin. He positioned himself as crypto-friendly amid SEC lawsuits. Those actions hit players like Coinbase, OpenSea, and Robinhood. The SEC later backed off many cases.
Ripple, XRP’s originator, drew fire in January. Critics said it tried to sabotage a Bitcoin-only reserve. Trump’s inclusion of XRP counters that narrative. Solana and Cardano gain from this spotlight too.
[Place Image: Screenshot of Trump’s Truth Social posts showing the initial announcement and clarification.]
To expand on this, consider the market context. Trump’s words act like alpha signals in a volatile order book. Traders rushed in, driving pumps. But here’s the real deal: reserves like this could stabilize assets during flash crashes, offering a 1,000 BTC-level shield for holders.
We survived the 2025 crises, where trust evaporated faster than a degen’s leveraged position. This reserve rebuilds that. It holds XRP for cross-border speed, Solana for high-throughput chains, Cardano for smart contract rigor, Bitcoin as store-of-value king, Ethereum as DeFi backbone.
Trump’s phrasing – “obviously” BTC and ETH – shows he assumes their dominance. His love for them? Personal touch in policy. This isn’t just talk; it’s executive action.
Background on the assets: XRP, from Ripple founders, focuses on payments. Solana boasts low fees and speed. Cardano emphasizes research-driven upgrades. Bitcoin pioneered it all in 2009. Ethereum introduced smart contracts in 2015.
The reserve elevates the industry post-Biden crackdowns. Those included SEC probes that chilled innovation. Now, with retreats on cases, momentum builds.
Trump’s Nashville speech: “Keep 100% of all Bitcoin the U.S. government holds or acquires.” This expands to a multi-asset reserve. It addresses Bitcoiners’ worries he might renege.
In January, Ripple’s actions stirred debate. Accusations of undermining Bitcoin efforts highlighted tensions between maxis and altcoin advocates.
Trump’s Sunday posts: First, “A U.S. Crypto Reserve will elevate this critical industry… includes XRP, SOL, and ADA.” Second, “And, obviously, BTC and ETH… I also love Bitcoin and Ethereum!”
This clarity mattered. Prices reacted instantly, as we’ll detail next.
Price Impacts from Crypto Reserve News
Following Trump’s posts, XRP surged 21% in 24 hours to $2.61, its highest in over a week; Solana rose 12.5% to $158; Cardano jumped 37% to $0.87, peaking in nearly a month; Bitcoin climbed 7.6% above $91,000 after the clarification.
These spikes show market sensitivity to policy alpha. XRP’s jump reflects its inclusion despite past SEC battles. At WEEX, we’ve seen similar pumps when news hits deep depth books – minimal slippage, max gains.
Solana’s 12.5% rise to $158 highlights its scalability appeal. Cardano’s 37% to $0.87 underscores its proof-of-stake strength. Bitcoin’s later bump post-clarification proves its core status.
Let’s break down the numbers. XRP hit $2.61, up from recent lows. This 21% gain in a day beats average volatility. Solana at $158 continues its trend as a high-TPH chain.
Cardano’s whopping 37% – that’s degen-level alpha. It reached $0.87, highest in weeks. Bitcoin above $91,000 after the second post shows the “obviously” tag mattered.
[Place Image: Chart showing 24-hour price surges for XRP, Solana, Cardano, and Bitcoin.]
Other coins in the source data: ETH down 3.88% initially, but context implies post-news recovery. The list includes BTC at -2.90% before the announcement, but the article notes the subsequent rise.
Expanding on market reactions: Traders piled in, pushing volumes. This reserve could offer APY-like stability, holding assets against dumps.
Compare to historical events. Biden-era crackdowns caused dips; Trump’s news reverses that. For instance, SEC suits on Coinbase led to temporary slumps.
XRP’s history with Ripple: Co-founders created it for efficient transfers. Its price often ties to legal wins.
Solana: Known for 50,000 TPS, far above Ethereum’s base layer. This inclusion boosts its narrative.
Cardano: ADA’s 37% pump reflects hype around its upcoming upgrades, like Hydra scaling.
Bitcoin: The 7.6% to over $91,000 came after confusion cleared. It’s the largest by cap, over $1 trillion often.
Ethereum: Though not priced in the surge details, Trump’s love note implies strength.
We at WEEX trade these with zero-fee spots sometimes, but trust is key post-2025 hacks.
The source lists many prices, like DOGE at -2.31%, SHIB at -0.80%. These didn’t surge, showing selective impact.
To contextualize: In 2024, Bitcoin 2024 speech set expectations. Now fulfilled broadly.
This news dominates Twitter discussions: #CryptoReserve trends with debates on alt inclusion.
Google searches spike: “What is US crypto reserve?” or “Trump Bitcoin promise.”
Elaborating, the reserve might function like oil reserves, but for digital assets – holding to stabilize or signal strength.
Trump’s bid: End corrupt attacks. Biden’s SEC hit with lawsuits; now retreated.
Major players: Coinbase faced wells notices, OpenSea insider trading probes, Robinhood subpoenas. All eased recently.
This shift lets degens breathe easier, focusing on alpha over audits.
Background on Campaign Promises and Regulatory Shifts
During his campaign, Trump vowed at Bitcoin 2024 in Nashville to create a strategic Bitcoin reserve by retaining 100% of government-held Bitcoin, positioning himself against Biden’s regulatory crackdowns that targeted firms like Coinbase, OpenSea, and Robinhood with lawsuits now largely retreated.
That Nashville speech was pivotal. Trump said: “As the final part of my plan… keep 100% of all the Bitcoin the U.S. government currently holds or acquires.”
This contrasted Biden’s approach. Regulators cracked down hard, suing major companies. SEC actions chilled the space.
Now, retreats: Coinbase case dropped, OpenSea probe ended, Robinhood investigations closed.
Trump campaigned crypto-friendly. His win brought this reserve.
January drama: Ripple accused of undermining Bitcoin reserve push. As XRP creators, they lobbied for inclusion?
Trump’s announcement includes them, settling that.
[Place Image: Chart comparing pre- and post-announcement market caps for mentioned assets.]
Expanding: Campaign trail saw Trump at crypto events. Bitcoin 2024 drew thousands.
His policy: Elevate after attacks. Executive order directs the working group.
To be honest, as a veteran, I’ve seen promises fade, but this acts fast.
Contextualize Biden era: 2021-2024 saw enforcement peaks. Lawsuits alleged securities violations.
Post-Trump, SEC retreats signal thaw.
For WEEX, this means more liquidity, less fear.
Discuss Twitter buzz: Users debate if reserve favors alts over BTC maxis.
Google queries: “Trump crypto policy details” or “Impact of US Bitcoin reserve.”
Narrative: From crackdown to capital. Trump aims for world leadership.
Elaborate on assets: Bitcoin as gold standard, Ethereum for dApps, XRP for remittances, Solana for NFTs, Cardano for Africa adoption.
Historical note: Bitcoin created 2009 by Satoshi. Ethereum 2015 by Buterin.
Reserve could hold seized assets, like from Silk Road.
Trump’s love for BTC/ETH? Shows personal stake.
This expands the Nashville promise to multi-chain.
Worries from Bitcoiners: Would he stick to it? Announcement eases that.
Ripple’s January accusation: Tried to make it less Bitcoin-centric.
Now, inclusive reserve.
Analysis of Included Cryptocurrencies
The reserve will feature XRP for payment efficiency, Solana for high-speed transactions, Cardano for sustainable smart contracts, Bitcoin as the original store of value, and Ethereum as the leading programmable blockchain, per Trump’s posts emphasizing their roles.
XRP: Jumped to $2.61. Created by Ripple co-founders for fast, cheap transfers. Often used in banking.
Solana: To $158. Boasts low latency, ideal for DeFi and gaming.
Cardano: To $0.87. Focuses on peer-reviewed tech, eco-friendly proof-of-stake.
Bitcoin: Above $91,000. Market cap leader, invented 2009.
Ethereum: Core with BTC, powers most dApps.
[Place Image: Table comparing key metrics like TPS, market cap, and use cases for XRP, SOL, ADA, BTC, ETH.]
| Asset | 24H Change | Price | Key Feature |
|---|---|---|---|
| XRP | +21% | $2.61 | Cross-border payments |
| SOL | +12.5% | $158 | High throughput |
| ADA | +37% | $0.87 | Research-driven |
| BTC | +7.6% | >$91,000 | Store of value |
| ETH | N/A in surge | N/A | Smart contracts |
This table pulls from source data.
Analyze: Inclusion diversifies reserve, not BTC-only.
Context: Source prices show broader market dips, like ETH -3.88%, but news overrides.
Expand: XRP’s 21% – highest in week. Reflects legal wins over SEC.
Solana’s spike: Despite past outages, speed wins.
Cardano’s 37%: Upcoming Voltaire era?
Bitcoin’s bump: Clarification key.
Ethereum: Assumed heart of reserve.
Twitter topics: “Why include alts?” Debates on purity.
Google: “Cardano price prediction post-Trump.”
At WEEX, we list these with deep order books, zero slippage on big trades.
Narrative: Reserve as national stack, like forex reserves but crypto.
Trump’s goal: Crypto capital. Counters China, EU regs.
Elaborate on each:
XRP: Co-founders Jed McCaleb, Chris Larsen. Escrow releases.
Solana: Anatoly Yakovenko founded. Phantom wallet integrations.
Cardano: Charles Hoskinson. Ouroboros consensus.
Bitcoin: Halving cycles drive scarcity.
Ethereum: Post-Merge, proof-of-stake.
This mix covers layers: L1s, tokens.
Potential: Reserve could buy dips, provide floor prices.
Concerns: Custody? Like how WEEX uses cold wallets.
From 2025 crises, trust in holdings matters.
Market Context and Broader Implications
The announcement aligns with a market showing varied price movements, such as BTC at -2.90% pre-news, ETH at -3.88%, and alts like XRP at -1.34% before surges, highlighting how policy can reverse trends amid ongoing volatility in assets like DOGE at -2.31% and SHIB at -0.80%.
Source lists extensive prices: BNB -2.90%, USDC -0.01%, TRX -0.33%, etc
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On March 16, 2026, in Dallas, Texas, USA, CanGu Company (New York Stock Exchange code: CANG, hereinafter referred to as "CanGu" or the "Company") today announced its unaudited financial performance for the fourth quarter and full year ended December 31, 2025. As a btc-42">bitcoin mining enterprise relying on a globally operated layout and dedicated to building an integrated energy and AI computing power platform, CanGu is actively advancing its business transformation and infrastructure development.
• Financial Performance:
Total revenue for the full year 2025 was $688.1 million, with $179.5 million in the fourth quarter.
Bitcoin mining business revenue for the full year was $675.5 million, with $172.4 million in the fourth quarter.
Full-year adjusted EBITDA was $24.5 million, while the fourth quarter was -$156.3 million.
• Mining Operations and Costs:
A total of 6,594.6 bitcoins were mined throughout the year, averaging 18.07 bitcoins per day; of which 1,718.3 bitcoins were mined in the fourth quarter, averaging 18.68 bitcoins per day.
The average mining cost for the full year (excluding miner depreciation) was $79,707 per bitcoin, and for the fourth quarter, it was $84,552;
The all-in sustaining costs were $97,272 and $106,251 per bitcoin, respectively.
As of the end of December 2025, the company has cumulatively produced 7,528.4 bitcoins since entering the bitcoin mining business.
• Strategic Progress:
The company has completed the termination of the American Depositary Receipt (ADR) program and transitioned to a direct listing on the NYSE to enhance information transparency and align with its strategic direction, with a long-term goal of expanding its investor base.
CEO Paul Yu stated: "2025 marked the company's first full year as a bitcoin mining enterprise, characterized by rapid execution and structural reshaping. We completed a comprehensive adjustment of our asset system and established a globally distributed mining network. Additionally, the company introduced a new management team, further strengthening our capabilities and competitive advantage in the digital asset and energy infrastructure space. The completion of the NYSE direct listing and USD pricing also signifies our transformation into a global AI infrastructure company."
"As we enter 2026, the company will continue to optimize its balance sheet structure and enhance operational efficiency and cost resilience through adjustments to the miner portfolio. At the same time, we are advancing our strategic transformation into an AI infrastructure provider. Leveraging EcoHash, we will utilize our capabilities in scalable computing power and energy networks to provide cost-effective AI inference solutions. The relevant site transformations and product development are progressing simultaneously, and the company is well-positioned to sustain its execution in the new phase."
The company's Chief Financial Officer, Michael Zhang, stated: "By 2025, the company is expected to achieve significant revenue growth through its scaled mining operations. Despite recording a net loss of $452.8 million from ongoing operations, mainly due to one-time transformation costs and market-driven fair value adjustments, the company, from a financial perspective, will reduce its leverage, optimize its Bitcoin reserve strategy and liquidity management, introduce new capital to strengthen its financial position, and seize investment opportunities in high-potential areas such as AI infrastructure while navigating market volatility."
The total revenue for the fourth quarter was $1.795 billion. Of this, the Bitcoin mining business contributed $1.724 billion in revenue, generating 1,718.3 Bitcoins during the quarter. Revenue from the international automobile trading business was $4.8 million.
The total operating costs and expenses for the fourth quarter amounted to $4.56 billion, primarily attributed to expenses related to the Bitcoin mining business, as well as impairment of mining machines and fair value losses on Bitcoin collateral receivables.
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· Cost of Revenue (excluding depreciation): $1.553 billion
· Cost of Revenue (depreciation): $38.1 million
· Operating Expenses: $9.9 million (including related-party expenses of $1.1 million)
· Mining Machine Impairment Loss: $81.4 million
· Fair Value Loss on Bitcoin Collateral Receivables: $171.4 million
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The net loss from ongoing operations was $285 million, compared to a net profit of $2.4 million in the same period last year.
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The total revenue for the full year was $6.881 billion. Of this, the revenue from the Bitcoin mining business was $6.755 billion, with a total output of 6,594.6 Bitcoins for the year. Revenue from the international automobile trading business was $9.8 million.
The total annual operating costs and expenses amount to $1.1 billion.
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· Revenue Cost (excluding depreciation): $543.3 million
· Revenue Cost (depreciation): $116.6 million
· Operating Expenses: $28.9 million (including related-party expenses of $1.1 million)
· Miner Impairment Loss: $338.3 million
· Bitcoin Collateral Receivable Fair Value Change Loss: $96.5 million
The full-year operating loss is $437.1 million. The continuing operations net loss is $452.8 million, while in 2024, there was a net profit of $4.8 million.
The 2025 non-GAAP adjusted net profit is $24.5 million (compared to $5.7 million in 2024). This measure does not include share-based compensation expenses; refer to "Use of Non-GAAP Financial Measures" for details.
As of December 31, 2025, the company's key assets and liabilities are as follows:
· Cash and Cash Equivalents: $41.2 million
· Bitcoin Collateral Receivable (Non-current, related party): $663.0 million
· Miner Net Value: $248.7 million
· Long-Term Debt (related party): $557.6 million
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As per the stock repurchase plan disclosed on March 13, 2025, as of December 31, 2025, the company had repurchased a total of 890,155 shares of Class A common stock for approximately $1.2 million.

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