Among the 5 cryptocurrencies that will be included in the new US strategic reserve is Solana, founded by Ukrainian Anatoly Yakovenko. It was on the Solana platform that the memecoins of the American president and his wife were issued .
Among the 5 cryptocurrencies that will be included in the new US strategic reserve is Solana, founded by Ukrainian Anatoly Yakovenko. It was on the Solana platform that the memecoins of the American president and his wife were issued .
The other day, US President Donald Trump announced that Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in the country's new strategic cryptocurrency reserve.
In January, the president-elect and his wife launched their $Trump and $Melania memecoins on Solana, which has become one of the fastest-growing blockchain platforms in the world. In 2024, its monthly transaction volume exceeded $1 trillion, and Solana's market capitalization was $44 billion.
The Solana startup was founded by Ukrainian Anatoly Yakovenko in 2017. The head office is located in San Francisco, where about 80 employees work. Solana technology is known worldwide for being faster than Ethereum, and also cheaper. In the summer, the startup released the Saga Android crypto smartphone, integrated with the Solana blockchain.
One of the reasons that Solana is a pro-American crypto project that does not interact with China, said Andriy Velyky, founder of the Allbridge crypto project, to Forbes Ukraine. This is an important point, since there are two main poles in the crypto world - the USA and China.
Another advantage of Solana is that it is the only cryptocurrency that catches up with the most traditional payment systems, such as Visa, in terms of speed and efficiency, explains the WhiteBit crypto exchange.
“This makes it an ideal candidate for integration into national and global financial infrastructures,” the crypto exchange notes.
Last January, they launched the Solana-based Pump.fun platform, where anyone can create memecoins in a few clicks. This gave rise to a significant increase in the Solana rate.
After the launch of Trump’s memecoin, the market perceived it “as a recognition of Solana by the administration of the new US president,” says Velikiy of Allbridge.
At the same time, the founder and CEO of Trustee Plus, Vadym Grusha, believes that Solana cannot yet count on a guaranteed place in the future crypto reserve, despite the very positive background.
“In the cryptocurrency world, Solana is still not an infrastructure-forming element of the industry,” he says.
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