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Home News Crypto

Trump’s Crypto Reserve Plan Sparks Surge in XRP, SOL, ADA Premiums on Coinbase

by Team Lumida
March 3, 2025
in Crypto
Reading Time: 4 mins read
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Photo by Shubham Dhage on Unsplash

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Key Takeaways:

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  • XRP, SOL, and ADA saw a significant premium on Coinbase compared to Binance, reflecting heightened U.S. demand after Trump’s announcement.
  • President Trump proposed a strategic crypto reserve including BTC, ETH, XRP, SOL, and ADA, driving a sharp rally in these tokens.
  • The Coinbase premium for these tokens reached its highest level in a month, signaling strong domestic interest in crypto assets.
  • BTC and ETH also traded at slightly higher prices on Coinbase, further highlighting the U.S. market’s reaction to the news.

What Happened?

U.S. President Donald Trump announced plans to establish a strategic crypto reserve, naming bitcoin (BTC), ether (ETH), XRP, solana (SOL), and cardano (ADA) as potential components. This announcement triggered a sharp rally in the prices of these tokens. On Coinbase, a key exchange for U.S. investors, XRP, SOL, and ADA traded at a notable premium compared to Binance, the offshore crypto giant. The Coinbase premium for these tokens reached its highest level since February 3, indicating strong domestic demand. BTC and ETH also experienced slightly higher prices on Coinbase, further reflecting the U.S. market’s enthusiasm.


Why It Matters?

Trump’s proposal for a strategic crypto reserve marks a significant step in legitimizing cryptocurrencies as part of national economic strategy. This move could drive increased institutional and retail interest in digital assets, particularly in the U.S. market. The premium on Coinbase highlights the growing domestic demand for crypto, which could lead to further price appreciation and adoption. For investors, this development signals potential opportunities in the crypto market, particularly for the tokens named in the reserve. It also underscores the increasing integration of crypto into mainstream financial and political discourse.


What’s Next?

The market will closely watch for further details on Trump’s strategic crypto reserve, including its structure, timeline, and potential regulatory implications. Investors should monitor how this announcement impacts institutional adoption and whether it leads to increased government involvement in the crypto space. Additionally, the sustained premium on Coinbase could signal continued U.S. demand, making it a key metric to track. Broader market trends, including potential regulatory responses and global adoption, will also shape the future trajectory of the named tokens and the crypto market as a whole.

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Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
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