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Breaking News: GOP’s Crypto Bill In Jeopardy As Senator Advocates For Delayed Action
SEC Chair Paul Atkins’ ‘Project Crypto’ Sets the Stage for the Next Cryptos to Explode

SEC Chair Paul Atkins’ ‘Project Crypto’ Sets the Stage for the Next Cryptos to Explode

Leah Waters
by Leah Waters
1 month ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Yesterday, Securities and Exchange Commission (SEC) Chairman Paul Atkins announced ‘Project Crypto’ – a bold new initiative he describes as ‘the SEC’s north star in aiding President Trump in his historic efforts to make America the crypto capital of the world.’

Ultimately, it aims to modernize US financial regulations and bring crypto innovation onshore by establishing clear, supportive rules for digital assets.

In fact, it’s already creating a more favorable crypto environment, as evidenced by $BTC’s trading volume surging by over 28% to $90B since the news broke.

And when the market leader – currently trading near $115K – performs well, smaller coins often follow. Because of this, now might be the perfect time to look at the next cryptos to explode before their prices likely soar.

SEC Plans to Reform Securities Law & Tokenized Assets

Project Crypto is a landmark initiative from the US SEC, spearheaded by Atkins and supported by Commissioner Hester Peirce.

It’s meant to update outdated securities laws to favor blockchain innovation.

And such regulatory clarity has been a long time coming. Major crypto companies – including Ripple, Coinbase, Binance and Kraken – have all faced SEC lawsuits over allegedly offering or facilitating the trade of unregistered securities.

These lawsuits, however, arose under former SEC Chair Gary Gensler. An aggressive enforcement-first approach in the absence of clear crypto rules characterized his tenure.

‘Crypto President’ Donald Trump was quick to replace him to promote a more supportive US crypto market under new SEC leadership. And that’s exactly what’s happening now.

Beyond establishing clear categories for securities, stablecoins, and collectibles, another benefit mentioned in the Project Crypto speech includes enabling ‘super apps’ to combine trading, custody, and staking under a single license.

Additionally, Atkins mentioned supporting tokenized securities and stablecoins under frameworks like the GENIUS Act.

Project Crypto on tokenized assets in the US.
Source: Project Crypto (American Leadership in the Digital Finance Revolution)

Crypto firms are already aligning themselves with this vision. Coinbase, for instance, is preparing to launch ‘Everything Exchange.’ Once launched to US users in the coming months, it promises to support tokenized stocks, crypto assets, derivatives, prediction markets, and early-stage tokens.

Interestingly, the announcement comes on the heels of Trump’s Working Group on Digital Assets unveiling a comprehensive crypto report yesterday.

Dubbed ‘Strengthening American Leadership in Digital Financial Technology,’ the blueprint expresses the US’s desire to lead global crypto innovation through clear rules, tax reform, and supportive regulation.

Each of these documents signify a turning point for crypto projects, as they should soon be able to operate in a transparent, well-regulated environment that fosters growth.

It’s also likely to attract more mainstream investors, further indicating a bright future for potentially top cryptocurrencies to buy now, like Best Wallet Token ($BEST), Snorter Token ($SNORT), and LUKSO ($LYX) – especially when exploring their unique use cases.

1. Best Wallet Token ($BEST) – Unlock First Dibs on Crypto Presales & Low Gas Fees

As US crypto regulations loosen and the industry attracts more attention, there might not be a better time to buy Best Wallet Token ($BEST).

The reason is that it’s the backbone of the Best Wallet app, a non-custodial crypto wallet that’s the first of its kind to give direct access to the best crypto presales.

This alone is a major benefit. It gives you easy access to new crypto projects while their prices are still low-cap, before they reach top crypto exchanges and their prices likely increase.

But it’s not just the newest cryptos that it supports. You can buy, sell, and manage over 1,000 digital assets directly on the mobile app, including meme coins like $SHIB and $DOGE and major currencies like $BTC and $ETH. And what better time to start investing in such coins than now?

It supports major chains like Bitcoin, Ethereum, Binance Smart Chain, and Polygon. Soon, however, it will support over 60 networks, allowing you to explore more cross-chain opportunities.

And it doesn’t stop there. The project’s roadmap has many exciting new features, from Best Card (its own crypto debit card) to an NFT gallery and market intelligence analytics.

By purchasing $BEST, you can also enjoy lower gas fees, governance rights, and staking rewards (currently at a 94% APY).

$BEST is available on presale for just $0.025415. But act fast; its upcoming new developments are poised to push its price to $0.072 (a whopping 183% increase!).

2. Snorter Token ($SNORT) – Enjoy Low Fees on Novel Multi-Chain Telegram Trading Bot

Snorter Token ($SNORT) is the backbone of Snorter Bot, a novel Telegram-trading app set to launch this quarter. And it has already raised over $2.6M on presale as a consequence.

And its debut possibly couldn’t arrive at a better time. As the crypto market heats up with pro-crypto regulations, it’s time to find more effective ways to profit from the surge.

Snorter Bot allows you to do exactly that. It provides automated sniping, limit orders, copy trading, and quick swaps through its sleek interface.

Snorter Bot features.
Source: Snorter Token

With multi-chain support and ultra-low fees (the lowest on Solana at just 0.85%), it’s built to give you an edge in the often volatile market.

You can also relax knowing that security is a top priority. It’s designed with MEV protection and includes scam-detection tools that flag and block honeypots and rug pulls to avoid common and costly mistakes.

Within the Snorter Bot ecosystem, $SNORT grants access to premium features, advanced analytics, DAO voting rights, and staking rewards at a 161% APY (at the time of writing).

You can buy $SNORT on presale for just $0.0999. Investor curiosity is anticipated to catapult its price to $0.94 this year, making now a good time to join for possible returns surpassing 841%.

3. LUKSO ($LYX) – Powers a Blockchain Network Built for the Creator Economy

$LYX is the native token of LUKSO, a cutting-edge blockchain built for the ‘new digital lifestyle.’
Created by Fabian Vogelsteller (the former Ethereum developer behind ERC20, ERC725, and web3.js), it aims to bridge industries like fashion, gaming, social media, and design.

Its ultimate aim is for these sectors to fully embrace blockchain tech. It does this by providing them with the necessary tools to build decentralized identities, manage digital assets, and foster tokenized communities.

And given that Project Crypto emphasized clear guidelines for tokenized assets, LUKSO is perfectly positioned to thrive from this regulatory direction.

It might even be the reason that its native token, $LYX, has nearly doubled in price since Atkins unveiled his Project Crypto speech yesterday.

LUKSO price on CoinMarketCap.
Source: CoinMarketCap

Like $ETH on Ethereum, $LYX is used to pay gas fees on the LUKSO network. Anytime you interact with smart contracts on the platform or update your profile, you pay in $LYX.

$LYX is currently available on top crypto exchanges – like MEXC – for just $1.20. Notably, its trading volume has spiked by over 346% to $3.81M since yesterday, signaling that now’s a strategic entry point before even broader adoption takes hold.

Verdict – New US Crypto Era to Send Top Cryptos Flying

From the SEC’s unveiling of Project Crypto, Trump’s Working Group on Digital Assets releasing the crypto report, and Coinbase’s upcoming launch, one thing’s clear: the US is determined to lead DeFi to new heights.

It’s precisely the news that ambitious projects like $BEST, $SNORT, and $LYX have been waiting for. All three are building exactly what the new US crypto era is calling for – easy access to new tokens, rising on-chain trading tools, and tokenized assets.

This makes them hot picks right now with high profit potential. However, this isn’t investment advice. Always do your own research and never invest more than you’re willing to lose.

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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Leah Waters

Leah Waters

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Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she's not deep into a crypto rabbit hole, she's probably island-hopping (with the Galapagos and Hainan being her go-to's). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band.

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