- The move to add SOL to a national crypto reserve serves Ripple’s goal of proving XRP legitimacy at expense of decentralization concerns.
- Solana’s Anatoly Yakovenko does not support centralized reserves, instead he recommends state-managed systems that follow transparent merit-based standards.
- The upcoming White House Crypto Policy Summit will explain the structure of the national reserve as well as define which digital assets will join BTC and ETH.
Recent reports suggest that Ripple proposed adding Solana’s SOL to a national crypto reserve, likely to boost XRP’s credibility. Analyst Laura Shin first reported the claim, sparking debate in the crypto community about the role of digital assets in national reserves and their impact on decentralization.
Ripple’s Reserve Bid & Solana’s Stand on Decentralization
Sources suggest that Ripple’s proposal aimed to boost XRP’s credibility within a government-backed reserve. By including SOL alongside XRP, Ripple may have been trying to strengthen its case as a viable reserve asset by aligning with another well-established cryptocurrency. This move sparks larger questions about how digital assets are chosen for national reserves and whether such strategies can shape market perception.
Solana analyst Anatoly Yakovenko shared his view on national reserves, opposing a centralized system, as it could threaten decentralization. He suggested that if reserves were necessary, individual states should manage them to mitigate Federal Reserve policy risks. Yakovenko emphasized that any reserve system should follow clear, objective criteria, ensuring assets meet transparent, merit-based standards rather than political influence. He also highlighted Solana’s ability to meet such benchmarks.
All Eyes on Friday: White House Crypto Policy Summit
The industry is now turning its gaze to the end of the week, when the White House is scheduled to host its first Crypto Policy Summit. Market participants are eager to learn further details about the composition of the national crypto reserve, including whether additional tokens will be added and how procurement strategies will be structured.
A key question remains whether a significant allocation of assets beyond BTC and possibly ETH will be included.
If only small token amounts are deposited, the broader impact of President Trump’s Sunday announcement, which initially led to price surges across multiple cryptocurrencies, could be diminished. The event is expected to provide clarity on government strategies for integrating digital assets into national financial frameworks. The concept of a national crypto reserve remains a contentious issue, with differing perspectives from industry leaders.
