As one of the best-performing altcoins, could $BNB join the shortlist of top cryptos? And will its rise set the stage for a bull run that boosts the best presales sky-high?
The utility token for Binance Smart Chain, $BNB has been flying just under the radar recently. But a 5% surge in $BNB’s price on Monday, May 12 put $BNB near $700. While the price has corrected since, there are signs that institutional support is growing.
It’s part of a wholehearted embrace of crypto that’s also seen the agency accused of ‘picking the winners’ in the growing crypto adoption push.
Will the new crypto rules help $BNB firm up its spot on the shortlist of the best altcoins? And how will the top presales fare in the new dispensation? Let’s learn more.
SEC Proposes ‘Fit-for-Purpose’ Standards, an End to Ad-Hoc Rule Enforcement
Monday’s Crypto Roundtable at the SEC revealed some juicy information. Perhaps the most important speech came, unsurprisingly, from SEC Chairman Paul S. Atkins.
Atkins discussed the ongoing shift of securities from traditional systems to crypto. He noted that:
So what’s a decent, hard-working SEC chairman to do? Write new rules.
Specifically, new rules for crypto issuance, custody, and trading, three critical areas for the industry.
Atkins also promised an end to ad-hoc enforcement actions; even mentioning the possibility of ‘conditional exemptive relief’ for crypto products and services launching in the interim.
What was especially interesting was Atkin’s acknowledgement of how finance institutions – TradFi – are moving to the forefront of crypto adoption.
For an example of the impact of institutional support, we need to look no further than $BNB.
$BNB Gathers Institutional Support, Sets Up Run to $700?
$BNB is looking pretty good these days. It’s up 8% for the week, 9% over the past month, and 10% on the year. With its price just above $648, the $700 mark is within arm’s reach.
Perhaps more importantly, trading volume surged 54% in the past 24 hours, potentially indicating renewed institutional support. $BNB trading volume sits at over $2.6B, with a market cap of over $91B.
That makes $BNB the fifth-largest crypto by market cap.
The sheer versatility of the ecosystem demonstrates Binance’s commitment (and financial support) for a top-tier blockchain.
The launchpool is particularly valuable to traders, as it provides a way to find upcoming projects before they launch. This lets investors get in at the presale stage on Binance-vetted projects, when token prices are potentially as low as they’ll ever go.
As the SEC lays out new rules and $BNB looks poised for a breakthrough, here are three of the best presales to watch.
1. Solaxy ($SOLX) – Groundbreaking Solana Layer-2 Multichain Token
Investors have poured $34.9M into the Solaxy ($SOLX) presale so far. Why? Because the promise of a viable Solana Layer-2 is simply too good to ignore.
Solana already has lower costs and faster transaction speeds than Ethereum; that’s part of the reason behind the wild success of platforms like pump.fun. Even so, the network can be plagued with congestion issues and occasional failed transactions.
Now in presale, Solaxy aims to combine Ethereum’s reliability and scalability with Solana’s speed. The result is $SOLX, an ERC-20 token with native multichain capability. After the token launch, the project will deploy the first-ever Solana Layer-2.
The applications are nearly endless; meme coin launches and faster payment solutions, just for starters. And during the presale, investors can stake $SOLX for even more gains – 115% staking rewards.
$SOLX is currently priced at $0.001722; we think the token could reach $0.032 in under a year. Learn how to buy Solaxy with our guide, and be sure to visit the presale page.
2. SUBBD Token ($SUBBD) – Blockchain-backed AI Token for Red-Hot Content Creation Industry
SUBBD Token ($SUBBD) brings together two red-hot market sectors, AI and Social Media influencers.
The total crypto AI market cap is up 52% over 30 days, sitting at $38B overall. The content creation market is worth over $85B worldwide.
$SUBBD provides fans and content creators with a full suite of features, including:
- AI content creation tools
- VIP staking benefits
- Platform discounts
- Loyalty and rewards programs
- Platform XP multipliers
- Exclusive content access
- Early Beta unlocks
Perhaps most enticing is the SUBBD AI Creator. With the tool, content creators and fans can launch and manage their AI influencers and easily monetize their content creation efforts.
$SUBBD tokens cost $0.0554, and the presale has raised $382K so far. That token price could reach $0.301 by the end of 2025, according to our SUBBD price prediction. Visit the presale page, and check out our how-to-buy guide.
3. Bitcoin Pepe ($BPEP) – Bitcoin Meme Layer-2
A Bitcoin meme IPO? The best meme coins always have a driving force behind them, and Bitcoin Pepe ($BPEP) is out to capture Bitcoin’s winning energy.
As a meme Layer-2 for $BTC (which is back above $100K, sitting at $103K currently), Bitcoin Pepe offers near-instant transactions, ultra-low fees, and a new BEP-20 standard.
That standard will let anyone launch meme coins directly on Bitcoin. The potential for a true Bitcoin-based meme coin is phenomenal, given Bitcoin’s power and performance. BEP-20 will be EVM and Solidity compatible, giving developers all the tools they need to build a dominant blockchain.
The tokenomics prioritize the presale, with significant percentages reserved for staking, marketing, and further development.
Given the momentum of the project, it’s not surprising that $BPEP has already raised over $8M in the ICO stage.
SEC, $BNB Set Up Crypto for Bull Run
With the SEC rewriting the rules and $BNB blazing the path forward, these three new cryptocurrency projects are on their marks and raring to go.
That said, no matter how good the market looks, do your own research. Volatility is a feature of crypto, not a bug.
