Investor attention has shifted toward American-made altcoins following President Donald Trump's recent announcement about establishing a national cryptocurrency reserve.
The proposed US crypto reserve currently includes several major altcoins including Ethereum, XRP, Solana and Cardano. Industry experts anticipate additional cryptocurrencies may join this list, with Chainlink, Ondo and Litecoin emerging as strong contenders.
Chainlink has positioned itself as a leading candidate due to multiple factors. The cryptocurrency is included in the Coinbase 50 Index and in Grayscale's trust. It also has connections to World Liberty Finance, an entity operated by Trump's family.
"LINK will be in the Crypto Strategic Reserve," predicted Quinten, founder of weRate. "Chainlink will facilitate a lot of this stuff, from the proof of reserves to putting other strategic assets on-chain (gold, currencies, …)."
Ondo represents another likely addition to the reserve. World Liberty Financial currently holds Ondo tokens, and Donald Trump Jr., a co-founder of WLFI, has previously spoken at Ondo events.
Investor Not Telling stated, "Trump confirmed a crypto strategic reserve, and his own crypto company, World Liberty Financial, holds Ondo. AND Donald Trump Jr. and other WLFI founders spoke at the Ondo Summit. Ondo is also a US based crypto. To me, it's confirmed that either Ondo will be included or Trump will tap Ondo to tokenize the entire stock market."
Nathan Allman, CEO of Ondo, responded to Trump's announcement by reaffirming his company's position as a US-based blockchain enterprise. He highlighted Ondo's role in pioneering the tokenization of US Treasuries and outlined plans to expand into stocks, bonds and ETFs.
Litecoin has also emerged as a potential candidate for the national reserve. Content creator JRNY Crypto pointed out that all coins mentioned in the proposed reserve are American-made. "They also said BTC, ETH, and other coins. IMO, LTC will be added to the reserve and get an ETF," JRNY Crypto predicted. Bloomberg analysts estimate a 90% approval probability for a Litecoin ETF.
The market has responded strongly to these developments. According to CoinMarketCap data, the market capitalization of "Made in USA Coins" surged by 12% following Trump's announcement, reaching nearly $500 billion. This figure now stands at 16 times the market cap of Chinese-originated crypto projects, indicating strong investor preference for American cryptocurrency ventures.
Trading volumes have shown even more dramatic movement. This altcoin group experienced a 300% spike in trading volume over 24 hours, exceeding $82 billion. XRP led this surge in trading activity.
Despite growing enthusiasm, the national crypto reserve proposal has generated controversy within the industry. Many cryptocurrency leaders have voiced opposition to including altcoins in any national reserve. These critics maintain that Bitcoin alone is suitable for national reserve assets.
Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial or legal advice. Always conduct your own research or consult a professional when dealing with cryptocurrency assets.