"Crypto Bulls Eye XRP, ADA, SOL as US Reserve Contenders"
1min read The cryptocurrency market is gearing up for another bullish cycle, with investors and analysts eagerly anticipating which digital assets will lead the charge. Among the most talked-about contenders are XRP, ADA, SOL, LINK, LTC, DOT, and HBAR. Current developments, including regulatory progress, institutional adoption, and strategic endorsements, indicate that these assets could be key in the next market upswing.
In a significant development, the United States President Donald Trump recently mentioned XRP, Cardano (ADA), and Solana (SOL) as potential candidates for inclusion in the US crypto reserve, alongside Bitcoin (BTC) and Ether (ETH). This announcement has fueled institutional and regulatory hopes for these tokens, potentially driving increased demand and adoption.
Analyst MartyParty highlighted XRP's adoption rate, stating, "XRP is currently running at 7.84 transactions per second. That’s six times greater adoption than Cardano and 165 times less adoption than Solana." Meanwhile, analyst Gert van Lagen argues that ADA's focus on security and decentralization will give it longevity, despite its slower pace of adoption.
In the realm of exchange-traded funds (ETFs), Litecoin (LTC) has a notable advantage. The Canary Capital spot LTC application was listed on the DTCC website, possibly signaling approval. Additionally, Solana futures ETFs from Volatility Shares have surfaced on the DTCC list, indicating rising institutional interest in altcoins beyond Bitcoin and Ethereum. The US SEC has also acknowledged NYSE Arca’s proposal on behalf of Grayscale to list a spot Cardano ETF, which could lead to a significant price surge for ADA if approved.
Chainlink (LINK) co-founder Sergey Nazarov will attend the White House Crypto Summit on March 7 alongside Ripple’s Brad Garlinghouse, signifying potential regulatory discussions surrounding Chainlink’s role in decentralized finance. Santiment reports that Chainlink has achieved a mild rebound ahead of other altcoins following a market-wide plummet, with the top five LINK wallet holdings now holding a combined 18.15% of the coin’s entire supply, worth $2.93 billion. This accumulation by whales suggests confidence in LINK’s long-term potential.
Hedera (HBAR) was initially thought to be 