JPMorgan: Including XRP, ADA and SOL in US Crypto Reserve Will Be Difficult

According to JPMorgan, it is unlikely that tokens like XRP, Solana (SOL), and Cardano (ADA) would be included in the US crypto reserve.

“We don’t see the approval of a US strategic crypto reserve as the most probable outcome, assuming that congressional approval would be required. Therefore, we estimate the likelihood to be less than 50%,” said Nikolaos Panigirtzoglou, managing director of global market strategy at JPMorgan.

Panigirtzoglou further explained that if such a reserve were to be approved, it would be challenging to include smaller tokens outside of Bitcoin and Ethereum.

“As we discussed in our report, including these tokens would raise more concerns about risk and volatility,” he added.