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.