This week’s announcement of a US strategic crypto reserve has tongues wagging across the industry. The reserve will include Bitcoin, Ether, XRP, Solana’s SOL and Cardano’s ADA. Many believe it will propel the industry forward and stimulate a bull run, but others found faults.
deVere Group CEO Nigel Green said Trump’s announcement is the opening salvo of a global crypto arms race. He believes other nations will be compelled to respond. The, um, ripple effect could bring unprecedented investor gains
“This move cements the legitimacy of digital assets in a way that will redefine global finance, with Bitcoin potentially soaring to all-time highs of $200,000 by the end of 2025,” Green said.
“Trump’s declaration that Bitcoin, Ether, XRP, Solana, and Cardano will be part of an official reserve is nothing short of a financial revolution. For years, digital assets have operated in a space of uncertainty, battling regulatory ambiguity and institutional hesitance. That era now appears to be over.”
“The endorsement of these assets at the highest level of US policymaking signifies that crypto is not just here to stay—it will be integrated into the national financial strategy of the world’s largest and most influential economy.”
Green said it’s a clear indicator that digital assets will play a defining role in the future of money. He added the move can be expected to send the prices of Bitcoin and other major cryptocurrencies soaring as both institutions and retail investors rush to gain further exposure.
Further benefits include inflation hedges, improved economic sovereignty, and promoting innovation in blockchain technology.
Crypto Reserve a “generational wealth-building opportunity.”
Green believes this represents a generational wealth-building opportunity. Institutional adoption has long been the catalyst for price surges, and this development “could drive one of the most significant bull runs in Bitcoin’s history.”
Creating a reserve and thereby recognizing cryptocurrency as a core asset class is a psychologically important move, one which Green believes will drive a tidal wave of new capital. The short-term surge is only the beginning.
“The formal recognition of Bitcoin and other cryptocurrencies as part of a national reserve is a defining moment. We expect this move to accelerate mainstream adoption, attracting new investors and reinforcing Bitcoin’s role as a store of value,” Green said. “The US economy stands to benefit enormously, as it secures a position at the forefront of the new financial era, creating jobs and driving growth in blockchain innovation.”
“As international governments are now likely to position themselves to compete in this new era, demand for Bitcoin and other cryptos can be expected to surge, creating momentum that could propel Bitcoin to $200,000 by the end of 2025.”
Why are ADA and XRP included?
SPACE ID director of business development Harrison Seletsky was surprised Trump widened the reserve beyond Bitcoin. While he agreed with the inclusion of ETH and SOL, Seletsky was perplexed at XRP’s and ADA’s selections.
“It’s not clear to me why XRP and ADA were included at all, considering they are virtually ghost chains compared to Ethereum and Solana,” Seletsky said. “Indeed, the total value locked and stablecoin capabilities on XRPL and Cardano are tiny compared to other ecosystem players – $80 million and $460 million, respectively. In my eyes, it somewhat delegitimizes the whole idea of crypto reserve assets like industry mainstays Bitcoin, Ether and Solana.”
Seletsky believes everything washes out as a huge plus for crypto. The establishment of a crypto reserve legitimizes digital assets for newcomers and institutions.
Chris Chung is the founder of Titan, a Solana swap platform. While he said Trump is playing favorites with his selections, the announcement of a crypto reserve should be a catalyst for the next leg of a bull run
Chung’s obviously happy that Solana is on the list.
“This will help to balance out any downward price pressure from the fizzling out memecoin mania, as well as the SOL token unlocks,” Chung said. “In fact, the strategic reserve announcement is all but a guarantee that the assets on that list will be supported by the Trump administration for the next four years.”
The question for Chung is whether we will see any details around crypto legislation in the foreseeable future. He believes the US administration’s vote of confidence could expedite the approval of altcoin ETFs. This would likely go hand in hand with greater regulatory clarity on the classification of the underlying tokens in these ETFs, including Solana, XRP and the others awaiting the SEC’s decision.
Galxe head of GTM Patrick Young welcomed the crypto reserve announcement, though he seemed curious about how the news was delivered.
“Bitcoin and Ethereum (seemed) to be an afterthought compared to the much smaller coins, which has attracted some criticism,” Young said. “These include accusations that Donald Trump may be attempting to increase his own crypto wealth with the move.”
“Be this as it may, it is clear that the US president is pro-crypto, and this can only be good for the industry over the next four years. The more industry-friendly regulation that we all hope will follow, though, is likely to be a longer-term driver.”
Young said everyone in crypto awaits the effect of new leadership at the Securities and Exchange Commission about what constitutes a security.
How investors can benefit from Trump’s “self-interest”
SMARDEX co-founder Jean Rausis didn’t hold back with his thoughts, saying Trump is “trying to pump his own bags.”
“He doesn’t understand anything about these assets or the merits of having them in a strategic reserve,” Rausis said. “It’s obvious that Bitcoin and Ethereum are much more suited for this, yet they were mentioned as an afterthought.”
Investors can benefit from such self-interest as Rausis said if Trump is indeed in this crypto reserve for financial gain, they can expect him to do “whatever it takes to get as much money as he possibly can.”
“He’s not doing it for the public good, but it’s still good news for us in the crypto market, because we’ve just been given a major sign that he won’t let crypto fail. It simply wouldn’t be profitable for him,” Rausis said.
“Indeed, when he says he wants to make the US the crypto capital of the world, he means it. So this is what will happen over the next four years. In this context, the minor sell-offs that we have just witnessed are entirely inconsequential and simply an opportunity to buy more at lower prices. Because, when push comes to shove, the crypto market cares much more about the reserve than it does about tariffs.”