The prospects for the crypto market are exciting when Trump’s Pro-Crypto SEC draft pick Paul Atkins just vowed to lead the agency.
“We will work together to ensure that the United States is the best and safest place to invest and do business in the world,” Atkins said.
The new SEC chair is expected to take a softer stance on cryptocurrency regulations than former chairman Gary Gensler. The SEC recently removed several investigations and enforcement actions against cryptocurrency companies initiated by Gensler-led SEC.
More than 70 crypto ETFs are being approved with the SEC, and Atkins’ leadership may also increase their likelihood of approval.
Crypto is gaining acceptance from governments and major traditional financial institutions, which lays the foundation for large capital inflows in the coming months and years. With that in mind, what is the best cryptocurrency to buy now?
Solvent
Solvent The first ever Solana Layer 2 blockchain is under construction. Solana is the most active blockchain at present. More than 80 million people used the network this month, more than any other chain store. Solana also leads chain trading volume.
So if any ecosystem will see new features and applications created based on a more enthusiastic regulatory environment, it is Solana.
However, the network faces congestion problems, transaction speeds are reduced, and failure rates increase during high network activity. Solaxy solves this problem by handling some of Solana’s workload.
https://www.youtube.com/watch?v=gfhwfsjxplu
It will use aggregation technology to calculate transactions in batches, making the network cheaper, faster and more reliable than Solana.
The project is underway for pre-sales and has raised an astonishing $31 million so far. There is also an old mechanism in pre-sales, currently providing 130% APY.
Solaxy has a promising use case that can reshape Solana. In the early stages and in the drop rewards, it is obvious $ solx pre-sale Buyers can generate huge returns.
Reserve Right
Reserves are cryptocurrencies that use 10% pumps today, because it is closely related to Paul Atkins. He was an early consultant for the project but did not keep in touch since.
But $RSR is pumping as Atkins is sworn in as the SEC chairman shows that it is likely to be a coming of power in the coming months.
https://www.youtube.com/watch?v=lgynyvagq8y
Something worth considering is the use case of $RSR as a governance token for the reserve protocol Stablecoin.
Interest in stability soared, especially in the United States. Fed Chair Jerome Powell support The new Stablecoin legislation provides a clearer framework that can enhance state-level adoption.
Could the reserve agreement have gained a deeper foothold in the market due to Atkins’ status?
Coinbase also lists its exchange reserves today, undoubtedly contributing to the recent rally.
exist
Kaspa is a layer 1 blockchain that uses a technology called BlockDag to solve the three elements of the blockchain.
Since Satoshi Nakamoto designed Bitcoin in the 2000s, the three elements of blockchain have been a puzzle that engineers have struggled to solve. This is the rule that blockchain must sacrifice security, scalability or decentralization to add to the other two.
However, Kaspa’s blocking mechanism allows block creation in parallel, eliminating the problem. Kaspa is able to trade 3,000 per second (TPS) while maintaining security and decentralization.
https://www.youtube.com/watch?v=14_5cvmeji8
Kaspa is also one of the best cryptocurrencies today, with a pump of 8.5%. But while investors are showing interest at the moment, it maintains a 57% discount from its all-time highest level (ATH) in August 2024. This provides plenty of room for growth, and its recent strength and strong use cases show that it can achieve this potential well.
It is also worth noting that at the $2.3 billion case, Kaspa’s market value is relatively small in terms of Tier 1 blockchain. Currently, the valuation of eight-layer 1S is over US$20 billion, but none of them solves the three elements of blockchain.
