Proving there’s never a dull moment in the crypto market, yet another US asset manager – VanEck – is embracing the digital-assets era by launching a tokenized US Treasury fund. That’s good news for the traditional and crypto finance worlds, as well as the next crypto to explode.
The VanEck Treasury Fund (VBILL) is a blockchain-based investment vehicle that provides digital access to short-term US government bonds. So whereas those bonds were traditionally accessed through banks and brokers, qualified investors can now access them with stablecoins, like $USDC.
By the way, by ‘qualified,’ we mean large. VBILL requires a minimum investment of $1M on Ethereum, and $100K on the other blockchains it’s available on. Those include Solana, BNB Chain, and Avalanche networks.
VanEck is no newcomer to the crypto scene – it already issues spot $BTC and $ETH ETFs (exchange-traded funds) and ETNs (exchange-traded notes). And now it’s following the lead of BlackRock, Franklin Templeton, and other firms by tokenizing traditional assets.
In another positive move for crypto, cross-border banking giant Standard Charter is also increasing its crypto activity.
Standard Charter is now collaborating with digital-asset prime brokerage FalconX, which will integrate the bank’s forex services and infrastructure to provide its institutional clients with a broader range of offerings.
This comes after the recent announcement of a partnership with OKX that enables institutional clients to use crypto as collateral.
The Next Crypto to Explode Thanks to Institutional Adoption?
According to a Standard Global press release, the collaboration ‘continues FalconX’s efforts to bridge the gap between traditional finance and digital assets with enterprise-grade infrastructure’.
As digital assets are increasingly embraced by the traditional finance sector worldwide, it’s great news for the crypto market – and investors.
With the Bitcoin price back up above the $100K mark, the market is looking bullish. And what’s good for the $BTC is generally good for other tokens. If you’re looking to invest in what could be the next crypto to explode, here are options well worth considering – including the best presale tokens of the year.
1. Solaxy ($SOLX) – The World’s First Layer-2 Solana Ecosystem
The Solana blockchain is second only to Ethereum in terms of market dominance and the number of tokens. It’s fast and has relatively low transaction costs. But Solana is also plagued by network congestion and failed transactions.
That’s where Solaxy ($SOLX) steps up to the plate. This meme coin is introducing the first-ever Layer-2 Solana platform – and that’s a big deal in the crypto world. Solaxy is building on Solana’s strong points (speed, low costs) and adding to it.
The $SOLX project has solid tokenomics, with 30% allocated to development. That will be an important aspect of its long-term success. It’s also why $SOLX could be the next crypto to explode.
Investor interest has so far been impressive. This is one of the best meme coins on presale – it has already raised $35.5M in funding.
We expect big things to come from Solaxy after the presale ends and it lists on DEXs and CEXs. And that means there’s no better time to invest in $SOLX, with its current presale price of $0.001724 and 113% staking rewards.
Take a look at our complete guide to buying in Solaxy – as well as our $SOLX price prediction – to find out how to make the most of what has the potential to be the next crypto to explode.
2. BTC Bull Token ($BTCBULL) – The $BTC Champion that Rewards Holders with Actual Bitcoin
In another crypto first, enter BTC Bull Token ($BTCBULL) – the one and only meme coin that tracks Bitcoin’s price. And when that price reaches a milestone, $BTCBULL holders will be airdropped $BTC as a reward.
Considering $BTC’s recent bull run, there’s little reason not to expect its price to hit the $150K, $200K, and onwards to $1M in the not-too-distant future.
It’s exactly at those milestones that holders of $BTCBULL will receive their own $BTC in the Best Wallet app.
The $BTC rewards will be airdropped each time the price grows by $50K. And in-between – at $125K, $175K, and $225K thresholds – $BTCBULL tokens will be burned, adding to the scarcity (and potentially the value) of the token.
If you’re keen to ride the $BTC bull run, you may find our full guide to buying the Bitcoin Bull Token helpful. It explains how to buy this top new crypto token – $BTCBULL – at its current price of $0.00251, with 72% APY staking.
3. ChainGPT ($CGPT) – The Token Behind Access to an Advanced Artificial Intelligence Assistant
ChainGPT ($CGPT) is the native token of the ChainGPT ecosystem. This Web3 platform combines artificial intelligence (AI) with blockchain to provide AI-powered tools that pretty much anyone can use – individuals or businesses – without having advanced technical knowledge.
Among the ChainGPT AI offerings are a smart contract generator and auditor; NFT generator; trading assistant; Web3 chatbot; and a tool that enables you to build an AI agent (like MIND of Pepe, for instance) without coding.
All those features are powered by $CGPT token. $CGPT holders also have voting rights in decision-making. And with growing adoption of crypto as a legitimate asset, this may well mean the $CGPT is among the best altcoins – and the next crypto to explode.
Unlike $SOLX and $BTCBULL, $CGPT is not on presale. It is currently listed on both CEXs (including Binance, ByBit, MEXC, and KuCoin) and DEXs – PancakeSwap and Uniswap. One $CGPT currently costs $0.141, making it an affordable investment with potentially explosive gains.
Let’s recap…
Touch wood, but things appear to be looking up for the crypto market. That sentiment is clear with the likes of the VanEck Treasury Fund being launched, and Standard Global partnering with FalconX.
A recovery in the Bitcoin price also signals light on the horizon. And with that, the next crypto with the potential to explode – Solaxy, BTC Bull Token, and ChainGPT among them – may mean highly impressive gains.
As always, though, be sure to DYOR before making any investment. We’re in the business of crypto news – not financial advice.
