Solana and XRP experienced a significant jump after reports surfaced that former President Donald Trump is considering the establishment of an 'America-First' strategic crypto reserve. This concept suggests an expansion to altcoins, but some experts have cast doubt on the feasibility and rationale of such a move.
Two market observers shared their concerns with CoinDesk, cautioning against the potential inclusion of altcoins in a national reserve, suggesting that this could present unforeseen risks and complications. Their perspective highlights the divide within the crypto industry about the idea of nationalizing or institutionalizing cryptocurrency holdings.
Source: www.coindesk.com ↗