Solana Cold Shoulders Ripple’s US Crypto Reserve Push
Share:
Predictions Markets
See what traders are focused on
- Solana co-founder Anatoly Yakovenko argues against a government-controlled crypto reserve.
- He suggests states should manage their own reserves or any reserve should follow clear, objective criteria.
- The White House’s first Crypto Policy Summit on Friday may reveal further details on the proposed reserve.
Crypto journalist Laura Shin reported that Ripple sought to include Solana (SOL) in a proposed U.S. government digital asset reserve to legitimize XRP’s potential inclusion. The claim surfaced after President Donald Trump announced plans for a government-backed digital asset reserve on Truth Social.
Sources told Shin, Ripple positioned Solana as a candidate to support its own case. However, Solana’s co-founder Anatoly Yakovenko dismissed the idea, stating, “No one asked me, and I didn’t pitch it.”
Yakovenko’s statement stressed that no “Solana representative” pitched the idea of SOL inclusion in the proposed U.S. reserve.
He also shared strong disagreement with a national crypto reserve, mentioning centralized control. He warned that giving the government control of crypto rese…
The post Solana Cold Shoulders Ripple’s US Crypto Reserve Push appeared first on Coin Edition.
Read More
XRP Now at A Decisive Inflection Point: Will Prices Moon or Drop to $0.7?
