India, March 5 -- US President Donald Trump has named five cryptocurrencies which he wants to be part of a new strategic government reserve.

Donald Trump had initially started off by naming Ripple (XRP), Solana (SOL), and Cardano (ADA) in a Sunday post on Truth Social, surprising traders as these are not quintessentially known crypto names.

Later on, he added that Bitcoin (BTC) and Ether (ETH) would also be part of the reserve. These two are currently the world's largest cryptocurrencies.

As a result, his January executive order on digital assets would create a government stockpile of these tokens.

Here is everything you may want to know about the tokens:

Created by the US crypto company Ripple, XRP is at the moment, the world's thir...