Trump's Crypto Reserve Sparks Controversy Over Cardano and Solana

The cryptocurrency community has been abuzz with optimism regarding the U.S. Strategic Crypto Reserve, largely due to the announcement by Donald Trump. Trump revealed that he and his team are working on a digital asset reserve that includes Bitcoin, Ethereum, Solana, XRP, and Cardano. This news has been further amplified by the upcoming White House crypto summit, where global cryptocurrency leaders will present the crypto space to U.S. President Donald Trump and policymakers.

However, the event has sparked controversy, particularly with the absence of Cardano founder Charles Hoskinson. Meanwhile, Solana co-founder Anatoly Yakovenko has expressed controversial opinions, raising concerns among investors about the involvement of ADA and SOL in the U.S. reserve.

ADA was mentioned in Donald Trump’s Crypto Reserve news, which led to a significant price increase. However, controversy erupted when it was revealed that Charles Hoskinson was not invited to the cryptocurrency event where the reserve will be discussed. In a March 6 broadcast, Hoskinson stated that he had not received an invitation, leading to speculation about Cardano’s role in the reserve. Hoskinson also mentioned that neither he nor his representatives had been consulted about ADA’s selection for the reserve, which he found alarming. This situation is particularly noteworthy as other industry leaders, such as Michael Saylor and Brian Armstrong, have been invited to the summit, raising questions about Cardano’s price performance and its position in the reserve.

While the situation with Cardano remains uncertain, Solana co-founder Anatoly Yakovenko has added fuel to the fire by opposing the U.S. Strategic Crypto Reserve. In an X post, Yakovenko expressed his disapproval of a government-controlled reserve, stating that it contradicts the principles of decentralization. He argued that if a reserve must exist, it should be built on clear, measurable, and justifiable criteria rather than political influence. This remark came after reports suggested that Ripple pitched SOL for the national reserve to make the inclusion of XRP more legitimate, raising concerns about the transparency of the U.S. Strategic Crypto Reserve.

The unexpected controversial news surrounding Cardano and Solana has raised concerns about their inclusion in the proposed cryptocurrency reserve. Critics argue that transparency issues and political agendas endanger ADA and SOL’s reserve status and price performances. Charles Hoskinson’s absence from the summit and Anatoly Yakovenko’s criticism of the reserve highlight the political