Thomas Daniels
In a notable shift toward broader cryptocurrency adoption, a proposed U.S. digital asset reserve—reportedly under consideration by the Trump administration—could include Ethereum and Solana alongside Bitcoin. Financial experts suggest there is solid rationale behind this diversified approach.
While Bitcoin’s position as a core component of any strategic reserve remains uncontested, the inclusion of Ethereum and Solana marks a deliberate move to capture the functional diversity of the blockchain ecosystem. According to Jim Iuorio, Managing Director at TJM Institutional Services, both assets offer technological advantages that justify their strategic inclusion.
Speaking on Bloomberg TV, Iuorio emphasized Ethereum’s dominance in smart contract execution, which underpins a vast array of decentralized applications. “Ethereum has been praised for its smart contract functionality, which powers a wide range of decentralized applications,” Iuorio stated.
Meanwhile, Solana has attracted attention for its high-performance infrastructure, capable of processing transactions significantly faster than most competing networks. Its technical edge has translated into a dramatic market performance—up approximately 1,500% between late 2023 and January 2025. In contrast, Bitcoin and Ethereum posted gains of 300% and 160%, respectively, over the same period.
Solana’s breakout momentum has fueled investor demand, leading to the creation of dedicated trading products. The Chicago Mercantile Exchange (CME) recently launched a Solana futures contract, signaling increased institutional confidence in the asset. “The ability to hedge risk through futures is a significant step in legitimizing both Solana and the broader crypto market,” Iuorio added.
Strategic Implications
If adopted, the proposed digital asset reserve would represent a meaningful pivot toward institutional adoption of blockchain technologies beyond Bitcoin. This broader portfolio approach acknowledges the unique value propositions of Ethereum and Solana in the decentralized finance (DeFi) landscape.
“Any step forward in the ability to hedge risk is an important step in validating the coin and the technology it brings to the arena,” said Iuorio.
As Washington weighs the potential implementation of this reserve strategy, it underscores a growing recognition of blockchain’s evolving role in global financial infrastructure.
