Solana and Ripple's XRP experienced significant surges following reports that Donald Trump may support a strategic reserve for U.S.-based cryptocurrencies. Solana's value rose over 8% to $217, while XRP climbed toward $3.35, nearing its 2018 record. Although crypto investors are optimistic about potential government support for digital assets beyond Bitcoin, experts warn against nationalizing altcoins. Quinn Thompson from Lekker Capital criticized the idea, arguing that government investments in altcoins resemble venture capital, which is inappropriate. Anthony Georgiades of Innovating Capital echoed concerns that nationalizing cryptocurrencies could undermine decentralization efforts, highlighting that, at present, Bitcoin remains the only truly decentralized token. The article underscores a growing anticipation surrounding Trump's upcoming inauguration and potential executive orders addressing cryptocurrency regulation and strategy.

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