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Key Announcements Ahead of White House Crypto Summit

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by Giorgi Kostiuk

3 hours ago

The upcoming White House summit is set to discuss plans for the US strategic crypto reserve.

Discussion of the US Crypto Reserve

The forthcoming White House summit will discuss the US strategic crypto reserve. Donald Trump is expected to announce the inclusion of XRP, Solana, and Cardano in the reserve.

Ripple's Statement on Solana

According to Unchained, Ripple Labs allegedly pressured Trump to legitimize XRP by including Solana in the reserve. Ripple executives reportedly approached Trump to request the announcement of Solana's inclusion.

Two sources said that Ripple aims to make XRP's presence more legitimate with this step.

Opinion of Solana's Co-founder

Solana co-founder Anatoly Yakovenko expressed skepticism about the creation of a US crypto reserve, stating that it contradicts the principle of decentralization.

If there has to be a reserve, it's based on objectively measurable requirements. They must be rationally justified and achievable for the Solana ecosystem.Anatoly Yakovenko

The White House summit promises to be a significant milestone for the crypto community with the announced plans for creating a strategic reserve.

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