As one of the standout altcoins, could $BNB make its way onto the list of leading cryptocurrencies? Furthermore, might its upward trend ignite a bull market that elevates the most promising presales significantly?
Recently flying slightly under the radar, $BNB, the native token for Binance Smart Chain, experienced a notable 5% rise on Monday, May 12, bringing its price close to $700. Although it has since experienced a correction, indicators suggest that interest from institutional investors is on the rise.
At the same time, the US Securities and Exchange Commission is preparing to roll out ‘clear and sensible guidelines’ for the cryptocurrency landscape.
This initiative represents a proactive approach to crypto, despite the SEC facing criticism for allegedly ‘favoring certain projects’ during this adoption surge.
Will the forthcoming crypto regulations reinforce $BNB’s place among the leading altcoins? And how will top presales respond in this new regulatory environment? Let’s find out.
SEC Introduces ‘Purpose-Built’ Standards, Ending Arbitrary Enforcement
During Monday’s Crypto Roundtable at the SEC, some exciting updates were shared. A significant portion of the discussion came from SEC Chairman Paul S. Atkins.
Atkins highlighted the ongoing transition of securities from conventional frameworks to the crypto space. He stated:
Regulations designed for off-chain securities may not be suitable for on-chain assets and could hinder the advancement of blockchain technology.
So, what steps should a diligent SEC chairman take? Formulate new regulations.
This includes newly proposed rules regarding crypto issuance, custody, and trading—three vital areas for industry development.
Atkins also assured an end to arbitrary enforcement, even suggesting the possibility of ‘conditional exemptions’ for crypto offerings launched during the transition.
This address marked a clear indication of a significant change in the US regulatory stance, with Atkins cautiously advocating a more crypto-friendly framework.
Notably, Atkins recognized the increasing participation of traditional financial institutions in the crypto sphere.
For evidence of institutional backing, we need look no further than $BNB.
$BNB Captures Institutional Attention, Aims for $700?
$BNB is currently performing well, showing an 8% increase over the week, a 9% improvement in the past month, and a 10% rise this year. With its price slightly above $648, the $700 target is closer than it seems.
More significantly, trading volume surged by 54% in the last 24 hours, indicating renewed institutional interest. Currently, $BNB’s trading volume exceeds $2.6B, and its market cap is over $91B.
This positions $BNB as the fifth-largest cryptocurrency by market capitalization.
The BNB Chain encompasses a wide range of applications, from DeFi to the Binance Launchpool, which showcases upcoming tokens on the blockchain.
This extensive ecosystem highlights Binance’s dedication and financial backing for a leading blockchain platform.
The launchpool enables investors to discover promising projects prior to their launch, allowing early access during presales when token prices can be at their lowest.
With the SEC set to implement new regulations and $BNB appearing ready for a significant leap, here are three promising presales to keep an eye on.
1. Solaxy ($SOLX) – Innovative Solana Layer-2 Multichain Token
Investors have infused $34.9M into the Solaxy ($SOLX) presale so far. The excitement stems from the potential of a robust Solana Layer-2 solution, which is hard to pass up.
While Solana offers lower costs and faster transactions compared to Ethereum, it has been known to experience congestion and transaction failures at times.
Currently in presale, Solaxy seeks to merge Ethereum’s reliability and scalability with Solana’s rapid speed. This leads to $SOLX, an ERC-20 token capable of native multichain operations. After its launch, the project will introduce the first-ever Solana Layer-2.
The application possibilities are nearly limitless—from meme coin launches to enhanced payment solutions. Moreover, during the presale, investors can stake $SOLX for substantial gains—boasting 115% staking rewards.
$SOLX is currently offered at $0.001722, and projections suggest it could reach $0.032 within a year. Discover how to invest in Solaxy through our guide, and be sure to check out the presale page.
2. SUBBD Token ($SUBBD) – AI Token Driven by Blockchain for the Booming Content Creation Sector
SUBBD Token ($SUBBD) integrates two hot market segments: AI and social media influencers.
The crypto AI market capitalization surged 52% over the past month, reaching a total of $38B, while the global content creation market exceeds $85B.
This presents a combined opportunity of over $120B that $SUBBD intends to exploit.
$SUBBD offers a comprehensive array of tools for fans and content creators, including:
- AI-driven content creation resources
- Exclusive staking benefits
- Discounts on the platform
- Loyalty and rewards alternatives
- Experience point multipliers
- Access to exclusive content
- Early Beta program access
Of particular interest is the SUBBD AI Creator, enabling content creators and fans to manage and monetize their AI influencers effectively.
The current price for $SUBBD tokens is $0.0554, and the presale has already gathered $382K. Experts predict this token could rise to $0.301 by the end of 2025. Visit the presale page for more details and advice on how to buy.
3. Bitcoin Pepe ($BPEP) – Bitcoin Meme Layer-2
A meme-focused IPO for Bitcoin? Successful meme coins usually have a compelling proposition, and Bitcoin Pepe ($BPEP) aims to channel the momentum of Bitcoin.
As a meme Layer-2 solution for $BTC, which has returned to values above $100K, currently at $103K, Bitcoin Pepe delivers near-instant transactions and ultra-low fees, along with a new BEP-20 standard.
This new standard gives users the capability to launch meme coins directly on the Bitcoin network. The potential for a genuine Bitcoin-backed meme coin is immense, leveraging Bitcoin’s strength and performance. BEP-20 will be compatible with EVM and Solidity, equipping developers with all necessary tools to establish a leading blockchain.
The tokenomics are designed to prioritize the presale, setting aside substantial portions for marketing, staking, and further development.
Given the project’s growing momentum, it’s no surprise that $BPEP has already attracted over $8M during the ICO phase.
SEC and $BNB Poised for a Bull Market in Crypto
With the SEC revising its regulations and $BNB leading the charge, these three promising new crypto projects are ready to take off.
Nonetheless, amid a seemingly favorable market, remember to conduct thorough research. Volatility is an inherent aspect of crypto, not a flaw.
