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Trump Looks to Reform USAID With Blockchain Tech – best altcoins to Ride the Hype

Trump Plans USAID Blockchain Overhaul – Best Altcoins to Ride the Hype

Bitcoinist
by Bitcoinist
5 months ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Trump administration has proposed using blockchain tech to advance the US Agency for International Development (USAID), a US government agency that supports global developments, humanitarian assistance, and democratic values – and it’s casting a light on the best altcoins.

The proposal comes after Trump and Elon Musk reduced USAID’s functions (including halted payments and staff cuts) under the Department of Government Efficiency (DOGE), which has pondered ways to leverage blockchain tech for a few months.

USAID Blockchain Reform to Aid Delivery & Cut Corruption

To modernize the aid delivery system, USAID would switch from paper-based aids and manual tracking to real-time, tamper-proof record of aid flows.

Under the Secretary of State’s wing, blockchain tech could significantly reduce corruption owing to improved transparency.

Another bonus is that it could speed up payment processes compared to traditional methods, though data-security risks and off-grid countries in dire need of assistance are concerns.

International payment methods like SWIFT can often take up to five business days, whereas blockchain-based ones can be completed in minutes or even seconds.

Additionally, the new administration plans to rebrand the USAID by swapping ‘Development’ with ‘Humanitarian Assistance.’

Blockchain tech is one of the USAID’s core pillars, signaling bullish times for the crypto sector.

Now might be an opportune time to invest in the best altcoins, like $SOLX and $BTCBULL, while their price tags remain low. 

1. Solaxy ($SOLX) – World’s First Solana L2 Tackles Blockchain Congestion

$SOLX is the foundation of Solaxy, the first-ever Solana Layer-2 (L2) network currently in development to fix Solana’s woes. 

Despite its strong performance compared to other blockchain networks in recent years, Solana has encountered congestion problems, repeated network outages, and centralization pressure. This is where Solaxy steps in. 

As an L2 scaling solution, Solaxy aims to improve the network’s overall efficiency, mitigating network congestion, failed transactions, and scalability limitations, all without compromising security.

About solaxy

The world’s first Solana L2 network, coupled with the development team building a cross-chain bridge to Ethereum, attracts eyes to the $SOLX presale. 

$SOLX is the entry point into the Solaxy ecosystem. Plus, you can stake the coin to enjoy 149% passive rewards. 

Considering all the above, it’s not surprising that the $SOLX presale snagged an impressive $5M just ten days after going live and has raised a hefty $27M in total.

One $SOLX currently only costs $0.00167. We foresee its price hitting $0.032 once the L2 officially launches – a whopping 3,100% increase from its initial presale price of $0.001.

$SOLX price goes up every time the presale hits a new milestone. When taking into account that the project shows no signs of slowing down, there’s no better time to hop in and buy $SOLX. 

2. BTC Bull Token ($BTCBULL) – Receive $BTC When the Crypto King Hits a New Target

Positioned to thrive off Bitcoin’s success, $BTCBULL is possibly one of the most deservedly named top meme coins; it’s one of the most bullish ones around (literally!). 

$BTCBULL holders will receive airdrops whenever $BTC breaks a new price level ($150K, $200K, and $250K) and if they hold the token in Best Wallet. Distributions include either $BTC or $BTCBULL, depending on the target hit.

The ecosystem’s built-in token burn mechanism further boosts its demand. With a strategic focus on supply and demand, a portion of $BTCBULL is burnt (removed from circulation) every time $BTC price increases by $50K to drive upward pressure. 

BTC Bull Token Roadmap

An additional incentive lies in its staking program. For extra gains, you can lock up your tokens to receive more $BTCBULL at a 109% APY.

A sizable 10% of the total token supply (21B) is set aside for staking rewards, which also enables you to contribute to the project’s stability.

$BTCBULL has already raised $3.8M on presale. You, too, can buck the trend by purchasing $BTCBULL for just $0.00242.

Provided market conditions remain favorable, we predict it will spike by 244.8% to $0.00835 by the end of this year – all the more reason to buy one of the best new crypto now. 

3. Vana ($VANA) – Assist AI Innovation by Turning Your Data Into Financial Assets

Also making waves in the crypto industry as one of the best altcoins is $VANA, which has jumped in price by an eye-catching 10.77% since yesterday. 

Considering that its price has slightly decreased since early a.m. (GMT), now might be a good time to purchase the coin at a relatively low cost before it possibly pumps again.

It’s already starting to show an upward trend. 

Vana price swing on CoinMarketCap$VANA has much to offer for AI lovers. It’s the utility token in the Vana ecosystem, an EVM (Ethereum Virtual Machine) compatible Layer-1 network that enables you to transform your data into financial assets by aggregating datasets for AI model training.

When considering that the AI market grew beyond $184B last year and is predicted to race past $826B in 2030, AI initiatives like these show no signs of slowing down – especially ones coupled with blockchain tech.

To incentivize the provision of top-notch AI data, Vana rewards its users with $VANA tokens when they contribute their data to the ecosystem’s liquidity pools.

Plus, all $VANA holders gain voting rights so you can have a say in the project’s future trajectory. 

You can buy $VANA and major exchanges like Binance and Bybit for approximately $7. Considering its price is currently eyeing another revival, now might be a prime time to buy. 

Trump’s USAID Plans Spark Optimism for the Best Altcoins

The Trump administration’s plans to integrate blockchain tech into USAID, soon to be rebranded as the US Agency for International Humanitarian Assistance, represent not only a significant shift in modernizing aid delivery but also show what Web3 tech is really capable of accomplishing. 

This creates a bullish outlook for the entire crypto market, as evident from the growing demand for the best altcoins like $SOLX, $BTCBULL, and $VANA. 

Each of the coins mentioned above has unique utility that contributes to the blockchain technology’s development. $SOLX, for example, will enable faster and cheaper transactions, making Solana better suited for everyday use. 

$BTCBULL, on the other hand, could drive $BTC’s price action. By fostering an ecosystem based on shared success, it has the potential to increase overall market participation. 

However, this is not investment advice. You must always do your due diligence before committing your funds to any type of investment instrument. 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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