Binance Founder Reacts As Trump Fails To Name BNB In Strategic Reserve
Highlights
- CZ urges BNB community not to panic amid exclusion from US Crypto Strategic Reserve
- The Binance founder expects BNB to be added in the future, citing Trump's statement.
- BNB records only a 3% bump following the announcement compared to XRP, SOL and ADA
As the markets break into a frenzy following President Trump’s executive order for a Crypto Strategic Reserve, BNB is noticeably absent from the announcement. Binance founder Changpeng Zhao (CZ) is eyeing the addition of BNB to the Strategic Reserve at a later date while urging community member to remain chill.
BNB Fails To Make The Cut For Strategic Reserve
US President Donald Trump has issued an executive order for the establishment of a Crypto Strategic Reserve after weeks of speculation. The announcement extends the composition of the reserve beyond Bitcoin (BTC) to include a raft of altcoins including XRP, SOL, and ADA.
While the altcoins are part of the top 10 cryptocurrencies by market capitalization, the absence of BNB has raised eyebrows in certain quarters. BNB, with its $86 billion, market capitalization did not make the cut for the US Crypto Strategic Reserve, sparking theories for the exclusion.
Amid the altcoin rally, BNB has recorded only a modest bump in prices, rising by 3.3%. XRP, SOL, and ADA are basking in double-digit gains while BTC price has surged past the $90K mark following Trump’s announcement.
Binance Founder Urges BNB Holders To Chill, Eyes Future Inclusion
CZ, in a post on X, theorizes that the initial cryptocurrencies selected by Trump to join the Crypto Strategic Reserve are “clearly US coins.” The Binance founder argues that the US will want to test the waters with coins launched by US founders like Ripple CEO Brad Garlinghouse before expanding to other cryptocurrencies like BNB.
“This round is clearly US coins,” said CZ. “Kudos to them for moving things forward.”
He urged community members to remain “chill” and not overanalyze the decision to exclude BNB from the Crypto Strategic Reserve. CZ says Trump’s announcement that “other valuable cryptocurrencies” will be hints at future inclusion but the statement only namechecks BTC and ETH.
The Binance founder adds that other countries will roll out their Crypto Strategic Reserves in the coming months, hinting that their establishment will include BNB.
“More valuable crypto are likely to be added over time,” said CZ, citing Trump’s statement. “More countries will follow.”
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