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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next
Best Crypto to Buy as US Publishes Key Economic Data on Crypto

Best Crypto to Buy as US Publishes Key Economic Data on Crypto

Krishi Chowdhary
by Krishi Chowdhary
3 weeks ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

US data on a US blockchain for the first US crypto president.

That’s the vision US Commerce Secretary Howard Lutnick unveiled during a recent White House cabinet meeting. Speaking to President Trump, Lutnick said, ‘You’re the crypto president,’ and publishing crucial economic data would be a way to reinforce Trump’s vision for America First in crypto.

Blockchain, Government, and Global Precedents

The move would begin with GDP, the key metric for measuring economic growth. Gross Domestic Product data is updated quarterly and can be found on the US government website. Lutnick’s plan would also include publishing this data directly on the blockchain.

The initiative is not entirely unproven, but other governments worldwide have already adopted blockchain for secure public administration.

  • Estonia employs Guardtime’s KSI blockchain to safeguard over a million patient records
  • The European Union rolled out the European Blockchain Services Infrastructure (EBSI) in 2018
  • Singapore and Australia piloted blockchain for cross-border trade documentation
  • California’s Department of Motor Vehicles digitized some 42M car titles using the Avalanche blockchain

Blockchain clearly has the ability to improve data integrity, authentication, and accessibility in public administration. Will Trump follow through with his GDP promise? And how much data will his government actually publish?

Why Publish GDP on Blockchain?

Behind the new initiative lies a growing wave of skepticism about official economic numbers. The Trump administration, in particular, often questions data reliability. Publishing GDP on-chain could reinforce verifiability and auditability and help to reduce concerns about retroactive edits or tampering.

That said, while blockchain can protect how data is managed, it cannot ensure the accuracy of the data itself. That depends on verifying how data is collected, not ledger security.

After addressing technical considerations, Lutnick’s plan aims to start with GDP. Any framework could then be expanded to include other economic indicators and federal agencies.

While no blockchain has been officially chosen, there may be interest in US-based platforms like Solana, XRP Ledger, or Aptos, reflecting the administration’s ‘America-First’ approach.

Both Lutnick and Trump failed to specify a timeline.

Legislative Momentum and Institutional Strategy

Lutnick clearly attributed the move to publish GDP on the blockchain to Trump’s crypto-forward approach. However, the move would also fit in with current legislative action.

deploying American blockchains act

The Deploying American Blockchains Act of 2025 has passed the House and now awaits Senate action. It aims to formalize a national blockchain initiative: creating deployment programs, advisory panels, and support structures to integrate distributed ledger technologies into federal operations.

The bill would require the Department of Commerce (under Lutnick) to ‘support the leadership of the United States in the use of blockchain technology and other distributed ledger technology, tokens, and tokenization.’

Publishing national GDP data on-chain would certainly fit the contours of the bill.

After days of mixed trading, the markets seemed to respond positively to the news, with the top-ten cryptos mostly showing green across the board.

CMC top ten cryptos

Included on that top-ten list are several blockchains, like Solana and XRP, which could be natural US-based candidates to publish GDP data. That could certainly boost both networks, but which other crypto could stand to benefit?

Bitcoin Hyper ($HYPER) – Bitcoin’s Next Evolution Has Arrived with Fastest-Ever Layer 2

Bitcoin has a scalability problem. The chain was built to handle simple smart contracts only, capitalizing on security and stability. But that came at a cost; complex smart contracts are required for more advanced crypto features like zk-rollups, DeFi, and native staking.

That’s where Bitcoin Hyper ($HYPER) comes in.

The new Layer-2 solution takes a hybrid approach to the problem. $BTC is sent to a Bitcoin Canonical Bridge, where it is wrapped and deployed on the Bitcoin Hyper Layer 2. Hyper is built on the Solana Virtual Machine (SVM), deploying Solana’s ability to process thousands of transactions per second.

bitcoin hyper architecture

However, the final settlement still takes place on the original Bitcoin layer, preserving the famous Bitcoin security.

Our price prediction for the native $HYPER token showcases the project’s potential; from its current $0.012815 to $0.32, a 2397% increase.

Learn how to buy Bitcoin Hyper and check out the presale page for more information.

Snorter Token ($SNORT) – Trade Solana Meme Coins on Telegram for Minimal Fees and Maximum Gains

The Snorter Bot, a Telegram-based tool, finds and snipes the best meme coin launches on platforms like Telegram. Thousands of the best meme coins are traded daily, and big gains are possible

But making the most of the opportunities requires an advanced crypto trading bot – and the Snorter Token ($SNORT) powers one of the fastest trading bots around.

snorter bot features

With lower fees (0.85%) and advanced features like limit orders and copy trading, Snorter Bot makes trading meme coins more effective than ever.

The $SNORT token currently sells for $0.1025, and the presale has raised over $3.4M. Our price prediction shows that the token price could reach $0.94 by the end of the year.

Learn exactly what Snorter Token is and visit the presale page for the latest information.

Numeraire ($NMR) – AI-Backed Crypto Hedge Fund with $500M JPMorgan Backing

JP Morgan, one of the biggest finance companies in the world, is used to making savvy bets on upcoming markets.

By placing $500M on NumerAI, they’re betting on two markets simultaneously.

NumerAI combines AI tools with a crypto hedge fund. It delivered an average of 25% returns to clients last year by combining crowdsourced analysis, AI, and crypto.

The native token for the protocol – $NMR – hasn’t performed as well. It’s high this year came in January, when it pushed past $25. It currently trades at $16.07, and with JP Morgan’s $500M set to deploy over the next year, there’s plenty of room for dramatic growth.

Public Data, Public Blockchain

Trump’s move to have the Commerce Department publish GDP data could, if successful, establish a new precedent for public data.

And it might go a long way towards demonstrating a ‘practical’ aspect to public administration via the blockchain. Look for the best crypto to buy – like $SNORT and $HYPER – to benefit from big moves.

As always, do your own research. Crypto is volatile, and this isn’t financial advice.

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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Krishi Chowdhary

Krishi Chowdhary

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As a crypto writer, Krishi splits his time between decoding the chaos of the markets and writing about it in a way that doesn’t put you to sleep. He’s been at it for nearly two years in the crypto trenches. Yes, he regrets missing the magnificent rallies that came before that (who doesn’t!), but he’s more than ready to put his money where his words are. Before diving headfirst into crypto, Krishi spent over five years writing for some of the biggest names in tech, including TechRadar, Tom’s Guide, and PC Gaming, covering everything from gadgets and cybersecurity to gaming and software. When he’s not scouring and writing about the latest happenings in crypto, Krishi trades the forex market while keeping crypto in his long-term HODL plans. He’s a Bitcoin believer, though he never lets that bias creep into his writing.

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