TechFlow news, on March 4, according to The Block, U.S. President Trump's recent announcement that he is considering adding XRP, ADA, and Solana into the strategic reserve sparked a significant price surge in these three cryptocurrencies, while also drawing strong skepticism from industry experts. Nick Carter, partner at Castle Island Ventures, commented on social media: "It is not the government's role to operate an alternative cryptocurrency hedge fund."
Multiple experts pointed out that some of the selected cryptocurrencies have serious shortcomings, making them unsuitable as strategic reserve assets. Harrison Seletsky, Business Development Manager at SpaceID, stated: "Ethereum and Solana have strong networks and might be suitable for inclusion in strategic reserves, but XRPL and Cardano, the mainnets of XRP and ADA respectively, clearly lack in total value locked (TVL) and stablecoin liquidity."
Alexander Blum, CEO of TwoPrime Digital Assets, emphasized centralization concerns: "XRP, ADA, and Solana have centralized ownership structures, which fundamentally differentiate them from Bitcoin." Jean Rausis, co-founder of Smadex, criticized: "The strategic cryptocurrency reserve plan including XRP, Solana, and ADA is Trump attempting to benefit himself. He knows nothing about a real cryptocurrency reserve strategy."
