Author: Steven Ehrlich Source: unchainedcrypto Translation: Shan Oppa, Golden Finance

As of March 1, the cryptocurrency market has fallen by 14% in 2025.

Despite Trump’s hype and commitments, the industry is frustrated by some meme coin scandals and the lack of actual progress beyond the revocation of some SEC cases and the issuance of a somewhat vague executive order on January 23.

But this disappointment has just been relieved. Two days ago, the White House announced that it will hold its first ever cryptocurrency summit on Friday, "the summit will be hosted by the White House AI and cryptocurrency Tsar David Sachs and managed by Bo Hines, executive director of the President's Digital Assets Working Group. ”

This news has sparked excitement from the community as it hopes to lay the foundation for some of the goals outlined in the executive order that aims to “promote the U.S. leadership in digital assets and financial technology while protecting economic freedom.” But this statement from the summit may not be enough for a president who is deeply concerned about the stock market and regards stock market performance as a barometer of its success. Stock markets have barely fluctuated by the news. This may be why Trump decided to announce the top five tokens in future crypto reserves: Bitcoin, Ethereum, cardano, Ripple and Solana.

Bull = Trump’s popularity

Whenever possible, Trump will do his best to connect his work performance with the bull market. On December 5, after Bitcoin broke through the $100,000 mark for the first time, Trump posted on Truth Social: "Congratulations to Bitcoin users! $100,000! Let us make America great again! ”

Looking at the market, JPMorgan found that Trump had tweeted 156 times during his first term to praise the stock market performance. However, he has only posted one post about the stock market since 2024. JPMorgan said, “Most of Trump’s current posts about the ‘U.S. economy’ are about debt ceilings, spending/efficiency or tariff benefits. ”

S&P 500 has fallen by 1.47% since he took office on January 20, which has not helped his claim.

What better way to make the market and industry happy than publishing some cryptocurrency names? The president announced in two series of articles on Truth Social Sunday that it will immediately begin building strategic cryptocurrency reserves.

The first post reads: "After Biden's years of corruption attacks, the U.S. cryptocurrency reserves will enhance the status of this key industry, which is why my executive order for Digital Assets directs the President's Task Force to advance cryptocurrency strategic reserves including XRP, SOL and ADA. I will make sure the United States becomes the cryptocurrency capital of the world. We are making America great again! ”

After this post overlooking two of the most mature crypto assets, Bitcoin and Ether, the president caused shock and surprise in the industry, followed by another post, “Obviously, BTC and ETH, along with other valuable cryptocurrencies will be at the heart of the reserves. I also like Bitcoin and Ethereum! ”

Make the token great again

Every crypto asset surged after the post was published. As of this writing, Bitcoin rose 9.41% and rebounded to $94,070 after falling below $80,000 last week. Ethereum rose 13.46% as it tried to get rid of the $1.5 billion Bybit hack and the broader industry claim that it was losing to rival Solana. As a result of this news, Solana surged 24.19%, while Ripple benefited the most from being pegged to Trump (452% up in the past 12 months), and another 28%.

It is worth noting that Solana, Cardano and Ripple all seem to plan to launch appearing ETFs this year. However, according to recent analysis by Unchained, many tokens have been boosted in recent months due to the impact of Trump transactions, and investors should be cautious before buying any tokens.

A bunch of extra questions

left;">Trump provided little additional details on social media about the planned "reserve" he had on SundayIt is called so in the post, but the choice of the word “reserve” seems to mark a change from the position in the January executive order.

The term "reserve" indicates that more assets will be actively purchased, while the "evaluation of the possibility of creating and maintaining digital asset reserves" stated in the January executive order refers more to retaining $19.1 billion worth of cryptocurrency that has been seized from dozens of tokens, of which 97.9% is Bitcoin.

If Trump’s new intention is to buy new assets in the open market, it raises the question: whether this requires Congress’ approval, and whether the team and foundation behind tokens such as XRP and ADA will donate assets to the reserves. If you want to buy an asset, the timing of any purchase plan will be crucial, as many traders may try to take action before it can be. But one thing is clear, that is, when President Trump walks to the opening speech of the White House summit on Friday, he will address a revitalized industry.