After President Trump’s Crypto Reserve Go-Ahead, Altcoins Race Toward an $873 Billion Milestone

• BitMEX’s Arthur Hayes said that Trump’s crypto reserve promises are “just words.”
• Meme token WIF soared 17.22% while L1 tokens SOL and ADA shot up 11.24% and 44%.
• Analyst Jason Pizzino noted that Bitcoin was already on a bullish path prior to Trump’s promises.

As and when US President Donald Trump gave the go-ahead to the United States Crypto Reserve, that includes major US-made altcoins Solana (SOL), XRP, and Cardano (ADA), in addition to Bitcoin (BTC) and Ether (ETH), cryptocurrencies as a whole turned bullish, with the altcoin sector especially reclaiming a valuation of $873 billion. 

According to CoinMarketCap data, Solana (SOL) jumped 11.24%, XRP shot up 14%, while Cardano (ADA) ranked among the biggest gainers, soaring 43.96% in the past 24 hours. 

Meme coins Dogecoin (DOGE) rose 5.25%, dogwifhat (WIF) climbed 17.22%, and SPX6900 jumped 15.93%. This broad surge suggests that traders are moving into altcoins, hinting at the early phases of a potential altseason.

While the market seems excited, a few analysts and industry figures stayed cautious. Crypto analyst Ali Martinez pointed out that even if Trump signs an executive order, it will n…

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