Trump’s Crypto Reserve Sparks Ripple & XRP Backlash

President Donald Trump’s announcement of a new American strategic crypto reserve, including the listing of XRP and Solana over Bitcoin and Ethereum, has generated significant controversy. Critics believe that the exclusion of major cryptocurrencies like Bitcoin and Ethereum unfairly positions Ripple and XRP within this initiative. The move appears to have exacerbated existing tensions between Trump’s administration and prominent players in the cryptocurrency sector, particularly those associated with Ballard Partners, leading to a breakdown of political alliances.