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Opinion: Compared with Ethereum and SOL, XRP and ADA are almost ghost chains, and it is unreasonable to include them in the US war reserve

2025-03-04 11:37

Odaily News Last Sunday, US President Trump announced at Truth Social that his cryptocurrency working group will advance the "Strategic Crypto Reserve". Harrison Seletsky, business development director of digital identity platform SPACE ID, said that given the strong and growing developer activity of Ethereum and SOL, it makes sense to include them. However, compared with Ethereum and Solana, XRP and ADA are almost "ghost chains". The total locked value and stability of the latter two are insignificant compared to other ecosystem participants, at $800 million and $460 million respectively.
Harrison Seletsky added: “In my opinion, this somewhat undermines the whole concept of crypto industry pillars like Bitcoin, Ethereum, and Solana.” (bloomingbit)