Binance Smart Chain (BSC) has recently surpassed Solana in weekly decentralized exchange (DEX) trading volume, marking a significant shift in the competitive landscape of blockchain networks. This development is notable as Solana has long been a dominant player in DEX volume, particularly fueled by its popularity in the memecoin trading space. BSC’s rise is attributed to its robust activity, lower transaction fees, and increasing adoption for memecoin trading, supported by strategic moves from Binance.

Additionally, Changpeng Zhao (CZ), the former CEO of Binance, has reportedly entered the memecoin market by purchasing two tokens, MUBARAK and TST, spending 1 BNB on each. This move is seen as part of a broader strategy to bolster BSC’s ecosystem, especially in the memecoin sector, potentially driving further trading volume and interest. The hype around MUBARAK, in particular, is linked to a $2 billion investment in Binance by Abu Dhabi’s MGX, which may have amplified interest in BSC-based tokens.

However, while BSC is gaining ground, Solana’s established memecoin ecosystem, with tokens like WIF and BONK, still holds significant market presence, and its weekly volume decline might be a temporary fluctuation rather than a permanent shift. The competition between these two chains highlights the dynamic nature of the crypto space, with BSC’s recent surge potentially signaling a challenge to Solana’s dominance, though long-term trends remain uncertain.

BSC’s ability to overtake Solana in DEX volume underscores its strengths in scalability and low transaction costs. BSC’s lower fees compared to Solana make it an attractive option for retail traders, especially in high-frequency trading activities like memecoin speculation. This could lead to further adoption of BSC as a go-to platform for decentralized finance (DeFi) and memecoin trading. BSC’s surge suggests that its ecosystem is maturing, with increased developer activity, liquidity, and user adoption. This could encourage more projects, particularly memecoin and DeFi protocols, to launch on BSC, further strengthening its position as a competitor to Solana, Ethereum, and other layer-1 blockchains.

Solana’s decline in weekly DEX volume, even if temporary, could impact its perception as the leading layer-1 blockchain for high-speed, low-cost transactions. While Solana remains dominant in certain areas (e.g., NFT marketplaces and memecoin ecosystems), this shift may prompt its community to innovate further to regain lost ground. Solana has faced criticism in the past for network outages and congestion during peak activity. If BSC continues to demonstrate reliability and cost efficiency, users and developers might increasingly view it as a viable alternative, potentially diverting liquidity and projects away from Solana.

The competition between BSC and Solana highlights the broader trend of layer-1 blockchains vying for dominance in specific niches, such as DeFi and memecoin trading. This could accelerate the development of cross-chain interoperability solutions, as users and developers seek to operate seamlessly across ecosystems. The rivalry may push both chains to innovate, with Solana potentially focusing on improving network stability and BSC enhancing its smart contract capabilities or expanding its ecosystem to include more diverse use cases beyond memecoins and DeFi.

CZ’s purchase of memecoins like MUBARAK and TST, even if symbolic, signals Binance’s intent to position BSC as a hub for memecoin trading. Memecoins thrive on hype, low barriers to entry, and retail investor participation, all of which are facilitated by BSC’s low fees and fast transactions. This could lead to a proliferation of memecoin projects on BSC, potentially rivaling Solana’s established memecoin ecosystem (e.g., WIF, BONK). The involvement of high-profile figures like CZ in memecoin trading could fuel speculative activity, driving short-term price volatility and trading volume on BSC. However, this also raises concerns about market manipulation and the sustainability of memecoin-driven growth.

Pakistan has recently taken a significant step toward integrating blockchain technology and digital assets into its financial system by establishing the Pakistan Cryptocurrency Council (PCC). The council, officially launched in March 2025, is tasked with regulating, promoting, and incorporating blockchain and cryptocurrency innovations into the country’s economic framework. This move reflects Pakistan’s ambition to align with global trends in digital finance while addressing challenges such as financial security, regulatory compliance, and economic growth.

The PCC is chaired by Finance Minister Muhammad Aurangzeb and includes key figures such as the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan, the Federal Law Secretary, and the Federal IT Secretary. This diverse leadership structure is designed to ensure a balanced approach, combining expertise in regulatory oversight, financial stability, legal frameworks, and technological advancements. Bilal bin Saqib, appointed as Chief Advisor to the finance minister and CEO of the PCC, has emphasized the council’s broader mission to foster an ecosystem where blockchain and digital finance can thrive, rather than focusing solely on regulation.

The council’s priorities include establishing clear regulatory guidelines to facilitate cryptocurrency adoption, engaging with international blockchain organizations to adopt best practices, and promoting responsible innovation. A key area of focus is leveraging blockchain technology to streamline processes such as remittances, given Pakistan’s position as one of the top recipients of remittances globally, with over $31 billion received in 2023-24. Blockchain could reduce costs and improve the speed of these cross-border transactions, which are often slow and expensive through traditional channels.

This development marks a shift from Pakistan’s earlier cautious stance on cryptocurrencies, which included a 2018 ban by the State Bank of Pakistan on financial institutions facilitating crypto transactions. Despite the ban, Pakistan has seen significant crypto adoption, ranking high on global crypto adoption indices, driven by a young, tech-savvy population and the use of digital assets to hedge against inflation and economic volatility.

The establishment of the PCC signals a more progressive approach, though challenges such as ensuring compliance with anti-money laundering standards and addressing illegal crypto outflows remain critical concerns. While the PCC’s formation is a promising step, its success will depend on its ability to balance innovation with robust regulation, protect investors, and navigate the complexities of integrating blockchain into a developing economy. The council’s efforts to collaborate with fintech startups, investors, and blockchain developers will be crucial in positioning Pakistan as a competitive player in the global digital economy.

Pakistan is one of the top remittance-receiving countries globally, with inflows exceeding $31 billion annually. Blockchain-based solutions can reduce transaction costs, which often range from 5-7% through traditional channels, and speed up transfer times. This could save millions for Pakistani expatriates and their families, boosting disposable income and stimulating economic activity. By fostering a blockchain ecosystem, the PCC could attract investments in fintech startups, create jobs in technology development, and position Pakistan as a hub for blockchain innovation in South Asia. This could diversify the economy, which is heavily reliant on agriculture, textiles, and remittances.

Without proper regulation, cryptocurrencies could exacerbate economic instability, especially in a country prone to inflation and currency depreciation. Unregulated crypto outflows could weaken the Pakistani rupee further, while speculative trading could lead to financial losses for inexperienced investors. The creation of the PCC marks a significant policy shift from Pakistan’s earlier ban on cryptocurrencies to a more progressive regulatory framework. This could set a precedent for other developing nations, demonstrating how to balance innovation with financial security.

The cryptocurrency market is going through a period of sharp fluctuations, with widespread sell-offs creating uncertainty among traders. While declining prices may seem concerning, they also present opportunities for those looking to enter the market or expand their portfolios at lower valuations. Historically, market downturns have set the stage for significant rebounds, making it crucial to identify assets with strong potential now.

Some cryptocurrencies show resilience, backed by solid fundamentals, growing adoption, and active ecosystems. These factors position them well for a strong recovery when market sentiment shifts. Buyers seeking long-term gains should focus on projects with robust use cases and clear roadmaps. Below, we explore the top cryptocurrencies worth considering, each offering unique advantages and the potential for significant growth in the next market upswing.

BlockDAG: A High-Performance Blockchain

BlockDAG (BDAG) stands out as one of the best cryptos to buy now, thanks to its cutting-edge Directed Acyclic Graph (DAG) technology. Unlike traditional blockchains, BlockDAG enables parallel transaction processing, ensuring faster speeds and lower fees. This scalability makes it a strong contender for mainstream adoption, offering a more efficient solution for decentralized applications and payments.

The project’s presale has been a massive success, surpassing $202.5 million in funding. The current presale price of $0.0248 per BDAG marks an impressive 2,380% increase from its initial offering, signaling strong trading confidence. With the presale currently in batch 27, early adopters continue to capitalize on this promising opportunity.

Beyond fundraising, BlockDAG is preparing for a major leap forward. The team plans to launch its mainnet in 2025 and list 10 leading centralized exchanges, a move that will significantly enhance liquidity and visibility. Another key innovation driving adoption is  BlockDAG’s X1 Miner app, allowing users to mine BDAG coins directly on their smartphones. With over 500,000 downloads, the app is expanding BlockDAG’s global reach.

With its scalable architecture, strong market momentum, and upcoming developments, BlockDAG remains a top contender for those looking to buy high-potential cryptocurrencies.

Avalanche: Expanding Utility for a Strong Market Recovery

Avalanche (AVAX) is positioning itself for a potential resurgence as market conditions improve. Currently trading at $21.64, AVAX is leveraging strategic initiatives to strengthen its ecosystem and drive wider adoption.

One notable development is the Avalanche Card, launched in partnership with Rain, allowing AVAX holders to spend their tokens via a Visa crypto card. This real-world utility enhances the asset’s accessibility and adoption in everyday transactions.

Additionally, market analysts are observing a bullish divergence in Avalanche’s price trend, hinting at a potential rally toward $24. With its expanding use cases and promising technical outlook, Avalanche remains a strong contender among the best cryptos to buy now as market sentiment shifts positively.

Litecoin: A Reliable Crypto with Long-Term Growth Potential

Litecoin (LTC) remains a trusted and stable asset in the crypto market, currently trading at $105.81. Known as the “silver to Bitcoin’s gold,” Litecoin offers faster transactions and lower fees, making it an ideal choice for everyday payments. Its strong market presence and wide acceptance across payment platforms reinforce its credibility as a long-term trading option.

As the market moves toward recovery, Litecoin’s resilience and steady growth make it a top contender among the best cryptos to buy now. Its history of enduring market fluctuations while maintaining a consistent upward trajectory highlights its long-term strength. For buyers seeking a balance between stability and growth, Litecoin remains a solid option.

Celestia: A Modular Blockchain Driving Scalability

Celestia (TIA) is emerging as a promising choice among the best cryptos to buy now, thanks to its innovative modular blockchain architecture. Currently trading at $3.32, Celestia separates consensus and data availability layers, enabling developers to build customizable and highly scalable blockchains. This approach addresses a key challenge in blockchain technology, making Celestia a valuable asset in the growing sector.

Market analysts predict a bullish outlook, with forecasts suggesting TIA could reach $17.84 to $21.22 by the end of 2025. As demand for scalable and flexible blockchain solutions rises, Celestia’s unique technology positions it for significant adoption and long-term growth, making it an attractive option for forward-thinking traders.

Injective: A Leading Force in DeFi and Derivatives Trading

Injective (INJ) is making waves in the decentralized finance (DeFi) sector, offering a high-speed, zero-gas fee trading experience. Currently priced at $12.01, Injective is gaining traction as a powerful decentralized trading platform, particularly in derivatives markets, where efficiency is key.

Its unique approach to DeFi and cost-effective transactions position it as a strong contender among the best cryptos to buy now. With a growing emphasis on advanced trading tools and seamless execution, Injective is set for increased adoption as the market stabilizes. For traders seeking exposure to the expanding DeFi ecosystem, Injective’s innovative infrastructure offers a compelling opportunity for long-term growth.

Positioning for Future Gains with the Best Cryptos to Buy Now

Amid the current market situation, identifying the best crypto to buy now can provide a strategic edge for future growth. BlockDAG stands out with its scalable DAG technology and impressive presale success, offering both innovation and value. Meanwhile, Avalanche and Litecoin present a compelling mix of stability and long-term growth, appealing to risk-conscious traders.

For buyers who seek cutting-edge opportunities, Celestia’s modular blockchain enhances scalability, while Injective’s DeFi-centric approach expands financial possibilities in decentralized trading. By carefully selecting high-potential assets, traders can position themselves for substantial returns when the market rebounds. While conditions remain uncertain, acting decisively now could unlock future gains in the next bullish cycle.

Iran’s cryptocurrency strategies have evolved significantly in recent years, driven by the need to navigate stringent U.S. and international sanctions, stabilize its economy, and adapt to global financial trends. These strategies can be broadly categorized into efforts to bypass sanctions, regulate domestic crypto markets, and explore state-backed digital currencies, all while managing economic and geopolitical challenges. Iran has leveraged cryptocurrencies as a tool to evade U.S. sanctions, which have severely restricted its access to the global financial system, particularly for oil exports and international trade.

By using decentralized digital assets, Iran can conduct cross-border transactions without relying on traditional banking networks dominated by the U.S. dollar. For instance, Iran has used cryptocurrencies to facilitate imports, such as a notable $10 million import order in 2022, and to settle trade with partners like Russia, China, and Turkey. This approach allows Iran to convert its energy resources—abundant oil and natural gas—into digital assets, which are then used to purchase goods or services globally. The pseudonymous nature of cryptocurrencies, while not fully anonymous, provides a layer of obfuscation that complicates sanctions enforcement, though it also raises compliance risks for international partners wary of U.S. penalties.

This strategy, however, is not without challenges. The volatility of cryptocurrencies like Bitcoin poses risks to trade stability, and many potential trade partners lack legal frameworks to accept crypto payments, forcing Iran to rely on intermediaries in crypto-friendly jurisdictions or proxy companies. Moreover, the U.S. has intensified efforts to monitor and sanction crypto-related activities, targeting exchanges and entities that facilitate transactions with sanctioned jurisdictions, as seen in actions against platforms like Binance, which processed billions in Iranian transactions despite sanctions.

Iran has capitalized on its cheap, subsidized electricity—derived from its vast oil and gas reserves—to become a significant player in Bitcoin mining, accounting for an estimated 4.5% of global mining activity at its peak. This strategy serves dual purposes: generating revenue and bypassing sanctions. By mining Bitcoin, Iran converts its energy surplus into a digital asset that can be used internationally, effectively “exporting” energy in the form of cryptocurrency without triggering sanctions on oil exports. The government has formalized this approach by legalizing mining in 2019, requiring miners to obtain licenses, pay higher electricity tariffs, and sell mined Bitcoin to the Central Bank of Iran (CBI) for use in state-sanctioned trade.

However, this strategy has faced domestic challenges, including power shortages exacerbated by illegal mining operations, which have strained Iran’s electricity grid, especially during heatwaves. The government has responded with crackdowns on unlicensed miners and even offered bounties for reporting illegal activities, but these measures highlight the tension between economic necessity and infrastructure limitations. Additionally, the involvement of Chinese mining firms, attracted by cheap energy, has raised concerns about foreign influence and potential sanctions risks for international financial institutions engaging with Iranian crypto transactions.

Iran’s domestic cryptocurrency market has seen significant growth, with estimates suggesting up to 22% of the population owns or uses crypto, driven by economic instability, rampant inflation, and a plummeting rial. Cryptocurrencies, particularly stablecoins like Tether (USDT), are used by ordinary Iranians to hedge against inflation, make international purchases, and move capital abroad, especially as sanctions restrict access to traditional financial services. The CBI has imposed strict regulations to control this market, including banning rial-to-crypto conversions on domestic exchanges at various points, most recently in late 2024, to prevent capital flight and further depreciation of the rial, which hit a record low of over 940,000 to the U.S. dollar in early 2025.

The government has also introduced a licensing regime for crypto exchanges and over the counter (OTC) desks, requiring transparency in transactions and invasive data-sharing on users, which has drawn objections from the Iran Fintech Association over privacy concerns. Major domestic exchanges like Nobitex, which handles the majority of Iranian crypto volume, are subject to these regulations, while smaller exchanges have faced closures or compliance pressures. These measures reflect a broader strategy to integrate cryptocurrencies into a state-controlled financial system, balancing economic necessity with the need to maintain oversight and prevent sanctions evasion from being traced back to state actors.

Iran has explored the creation of a national digital currency, the “digital rial,” as part of its cryptocurrency strategy. Launched in a pilot phase on Kish Island in 2024, this CBDC aims to enhance state control over digital transactions, reduce reliance on volatile global cryptocurrencies, and potentially facilitate sanctioned trade. Unlike decentralized cryptocurrencies, the digital rial is centrally issued and backed by the CBI, mirroring the traditional rial’s value, and is intended to replace cash in electronic transactions.

This move aligns with global trends, such as China’s digital yuan, but is primarily geared toward reinforcing state authority rather than fostering financial decentralization. The effectiveness of the digital rial remains uncertain, as its pilot phase has been criticized as unproductive, and its utility for international trade is limited by the same sanctions that hinder traditional banking. Furthermore, the digital rial’s centralized nature contradicts the original ethos of cryptocurrencies, potentially alienating domestic users who value decentralization as a hedge against government control.

The U.S. withdrawal from the Joint Comprehensive Plan of Action (JCPOA) in 2018 and subsequent reimposition of sanctions intensified Iran’s economic isolation, pushing it toward alternative financial systems. The government’s crypto policies are also influenced by deteriorating economic conditions—marked by a widening budget deficit, escalating regional conflicts, and the weakening of its “axis of resistance”—as well as the need to counter U.S. policies, such as the “maximum pressure” campaign under President Donald Trump.

Iran’s collaboration with BRICS nations, particularly Russia and China, to develop payment mechanisms outside the U.S. dollar system, including potential stablecoin or CBDC-based trade settlements, further underscores its strategic shift toward digital finance. However, these strategies carry significant risks. The U.S. and its allies closely monitor Iran’s crypto activities, raising the specter of secondary sanctions on entities that facilitate Iranian transactions, as evidenced by past actions against exchanges and individuals. Domestically, the government’s heavy-handed regulation and restrictions on crypto use have sparked resistance from the fintech community and ordinary citizens, who see cryptocurrencies as a lifeline in a sanctions-stricken economy.

Iran’s cryptocurrency strategies reveal a pragmatic, state-centric approach to digital finance, prioritizing sanctions evasion and economic survival over the decentralized ethos of cryptocurrencies. While innovative, these strategies are not a panacea. The reliance on volatile assets like Bitcoin for trade introduces financial risks, and the domestic crypto market’s growth is constrained by regulatory overreach and infrastructure challenges. Moreover, Iran’s strategies may reinforce the narrative of cryptocurrencies as tools for illicit finance, fueling global regulatory crackdowns that could undermine their utility for sanctioned states.

Iran’s crypto policies challenge the U.S.-led financial order, but their success depends on the cooperation of trade partners and the ability to navigate an increasingly hostile regulatory environment. The involvement of ordinary Iranians in crypto markets, often out of necessity rather than ideology, underscores the humanitarian dimension of sanctions, raising ethical questions about the collateral impact of such measures on civilians. Ultimately, Iran’s experiment with cryptocurrencies is a high-stakes gamble, balancing economic innovation against geopolitical risks and domestic stability.