Solana co-founder Anatoly Yakovenko has voiced strong opposition to the establishment of a US Strategic Crypto Reserve, warning that government control over digital assets could threaten decentralization. His statement comes amid reports that Ripple allegedly pushed for Solana’s inclusion in the reserve to strengthen the case for adding XRP.
Yakovenko outlined his perspective on social media, stating that the best approach is to avoid creating a reserve altogether. However, if a national crypto reserve is inevitable, he suggested that individual states—not the federal government—should oversee their own reserves to prevent excessive centralization. Additionally, he emphasized that any selection process should be based on rational, objective benchmarks, which he acknowledged could favor Bitcoin but must remain free of political bias.
The debate over a strategic crypto reserve has intensified ahead of the US Crypto Summit, where President Donald Trump and key industry figures will discuss digital asset policies. Trump has reportedly proposed including Solana (SOL), XRP, and Cardano (ADA) in a national reserve, fueling controversy over the potential for government intervention in crypto markets.
Meanwhile, reports indicate that Ripple’s alleged lobbying efforts to incorporate Solana into the reserve have sparked further division within the crypto community. Bitcoin maximalists and XRP supporters continue to clash over the role of government in digital asset adoption, with some accusing Ripple of seeking regulatory favoritism.
The upcoming US Crypto Summit has gained additional attention following a $20 million investment in Bitcoin and Ethereum by Trump’s World Liberty Financial. While some view this as a routine accumulation move, others speculate it could signal a broader shift in US crypto policy set to be unveiled at the summit.
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