After President Donald Trump recently announced the establishment of a national cryptocurrency reserve, investor interest has shifted to altcoins made in the USA.
The US cryptocurrency reserve currently includes altcoins such as Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA). However, experts expect the addition of more altcoins such as Chainlink (LINK), Ondo (ONDO), and Litecoin (LTC).
Chainlink (LINK), Ondo (ONDO), Litecoin (LTC) and others on the radar
Chainlink (LINK) is included in the Coinbase 50 index, exists in Grayscale's trust, and is emerging as a strong candidate due to its association with World Liberty Finance, which is operated by the Trump family.
Quinten, the founder of weRate, believes that LINK's technology can help bring strategic US assets on-chain.
"LINK will be included in the cryptocurrency strategic reserve. Chainlink will facilitate a lot, from proof of reserves to onboarding other strategic assets (gold, currencies, etc.) on-chain." – Quinten, founder of weRate
Ondo (ONDO) is another strong candidate. World Liberty Financial holds Ondo tokens, and Donald Trump Jr., as a co-founder of WLFI, has spoken at Ondo events.
"Trump has confirmed the cryptocurrency strategic reserve, and his cryptocurrency company, World Liberty Financial, holds Ondo. Also, Donald Trump Jr. and other WLFI founders spoke at the Ondo summit. Ondo is also a US-based cryptocurrency. In my opinion, Ondo will be included or Trump will tokenize the entire stock market through Ondo." – Investor Not Telling
Ondo CEO Nathan Allman reaffirmed that Ondo, as a US-based blockchain company, is leading the tokenization of US Treasuries. The company plans to expand into stocks, bonds, and ETFs.
Additionally, content creator JRNY Crypto speculated that Litecoin (LTC) could be included in the reserve. LTC is a strong candidate for a spot ETF, with Bloomberg analysts estimating a 90% chance of ETF approval.
"All the coins mentioned in the reserve are US coins. They also mentioned BTC, ETH, and other coins. In my opinion, LTC will be added to the reserve and will receive an ETF." – JRNY Crypto
Surge in 'Made in America' token market
Following Trump's announcement, the market capitalization of "Made in USA Coins" has surged by 12%, reaching nearly $500 billion. This figure is 16 times the market capitalization of "Made in China Coins", indicating a strong investor preference for cryptocurrency projects originating in the US.
Additionally, the trading volume of this altcoin group has surged by 300% in the last 24 hours, exceeding $82 billion, with XRP leading the trading volume.
Despite the excitement, the US cryptocurrency reserve plan has sparked controversy. Many industry leaders oppose the inclusion of altcoins, arguing that only Bitcoin is suitable for national reserves.
