{"id":831130,"date":"2025-03-03T08:11:54","date_gmt":"2025-03-03T14:11:54","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/03\/xrp-sol-adas-coinbase-premium-surges-to-one-month-high-after-trumps-crypto-reserve-news\/"},"modified":"2025-03-03T08:11:54","modified_gmt":"2025-03-03T14:11:54","slug":"xrp-sol-adas-coinbase-premium-surges-to-one-month-high-after-trumps-crypto-reserve-news","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/03\/xrp-sol-adas-coinbase-premium-surges-to-one-month-high-after-trumps-crypto-reserve-news\/","title":{"rendered":"XRP, SOL, ADA’s Coinbase Premium Surges to One-Month High After Trump’s Crypto Reserve News"},"content":{"rendered":"
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Tokens traded at a notable premium on Coinbase relative to Binance after Trump announced plans for establishing strategic crypto reserve.<\/h2>\n

Updated Mar 2, 2025, 7:40\u202fp.m. UTC<\/span>Published Mar 2, 2025, 6:21\u202fp.m. UTC<\/span><\/p>\n<\/div>\n

\n

U.S. President Donald Trump on Sunday said that bitcoin (BTC), ether (ETH), XRP, solana (SOL) and cardano (ADA) could comprise the promised strategic crypto reserve, sparking a sharp rally in these tokens’ prices.<\/p>\n

The spot-led rally saw these tokens trade at a substantial premium on the Nasdaq-listed Coinbase exchange, a proxy for the U.S. demand, compared to the offshore giant Binance, according to data source TradingView.<\/p>\n

\"Coinbase<\/p>\n

Coinbase premium: ADA, SOL and XRP. (TradingView\/CoinDesk) <\/figcaption><\/p>\n<\/figure>\n

The so-called Coinbase premium for XRP, SOL, and ADA surged to the highest level since Feb. 3. BTC and ETH traded at slightly higher prices on Coinbase than Binance. <\/p>\n

Since early last year, Coinbase premium has been a feature of price rallies, validating the bull runs.
Read more: Bitcoin Jumps Above $91K After Trump’s U.S. Crypto Reserve News Brings Bulls Back<\/a><\/em><\/strong><\/p>\n<\/div>\n

\n
\n
Omkar Godbole<\/a><\/h5>\n

Omkar Godbole is a Co-Managing Editor on CoinDesk’s Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.<\/p>\n

X icon<\/title><\/svg><\/a><\/g><\/svg><\/a><\/p>\n<\/div>\n

\"Omkar<\/a><\/p>\n<\/div>\n

Read More<\/a>
\n Omkar Godbole<\/p>\n","protected":false},"excerpt":{"rendered":"

Tokens traded at a notable premium on Coinbase relative to Binance after Trump announced plans for establishing strategic crypto reserve. Updated Mar 2, 2025, 7:40\u202fp.m. UTC Published Mar 2, 2025, 6:21\u202fp.m. UTC U.S. President Donald Trump on Sunday said that bitcoin (BTC), ether (ETH), XRP, solana (SOL) and cardano (ADA) could comprise the promised strategic<\/p>\n","protected":false},"author":1,"featured_media":831131,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[121294,22217],"tags":[],"class_list":["post-831130","post","type-post","status-publish","format-standard","has-post-thumbnail","category-adas","category-coinbase"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/831130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=831130"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/831130\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/831131"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=831130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=831130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=831130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}