President Donald Trump announced a national crypto reserve including XRP, SOL, and ADA, sparking market reactions and political questions.
Reports suggest a lobbyist tied to Ripple Labs may have influenced the announcement, raising concerns over private influence on public policy.
Trump reportedly cut ties with the lobbyist after discovering their involvement, emphasizing distancing from private sway in administration's crypto plans.
Despite controversy, XRP maintained most of its gains, indicating that investor confidence may outweigh the political drama, for now.