2 March 2025
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XRP, SOL, and ADA Coinbase Premium Hits One-Month High After Trump Announcement
U.S. President Donald Trump stated that bitcoin, ether, XRP, solana, and cardano could form a strategic crypto reserve. This announcement led to a notable price increase for these tokens.
- Tokens traded at a premium on Coinbase compared to Binance, indicating strong U.S. demand.
- Coinbase premium for XRP, SOL, and ADA reached its highest level since February 3.
- BTC and ETH showed slightly higher prices on Coinbase than Binance.
- Historically, Coinbase premiums have been associated with price rallies.