Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bolivia and Algeria are taking opposite paths on crypto.

Bolivia, which lifted its decade-long ban in mid-2024, has seen digital asset transactions surge over 500% in just six months, reaching $294M by April.

Now, it’s partnering with El Salvador (the first country to adopt $BTC as legal tender) to share regulatory expertise, blockchain intelligence, and market oversight strategies.

Monthly value of cryptocurrency bought and sold in Bolivia in millions of USD. — Source: Central Bank of Bolivia (BCB), Binance

Algeria is moving in the opposite direction. Despite ranking among MENA’s fastest-growing crypto markets last year, the country has imposed a sweeping ban that criminalizes all digital asset use, trading, and mining.

For investors, these moves underscore how policy shifts can rapidly alter adoption trends and capital flows.

And with more countries leaning toward adoption, certain crypto projects with global scalability could stand to benefit the most right now.

That’s why utility projects like Bitcoin Hyper and Best Wallet Token are among the best crypto to buy now. Read on for the full context.

Bolivia’s Crypto Push vs Algeria’s Ban

Bolivia’s latest step toward digital asset adoption came with a Memorandum of Understanding between its Central Bank (BCB) and El Salvador’s National Commission for Digital Assets (CNAD).

The deal focuses on knowledge sharing in blockchain intelligence, risk analysis, and market oversight. It also touches on joint training and cooperation on supervising virtual asset service providers (VASPs).

Bolivia’s goal is to regulate the sector while expanding its use for remittances, micro and small business payments, and as a safeguard against a rapidly devaluing boliviano.

With official dollar reserves near zero, crypto offers a lifeline for cross-border transactions and everyday commerce.

Algeria has gone the other way. Law No. 25-10, enacted on July 24, 2025, bans all crypto-related activities (from use and exchange to mining and wallet operations), punishable by up to a year in prison or fines reaching $7,700.

The ban is notable given Algeria’s recent ranking as the fourth-fastest-growing Middle East and North Africa (MENA) crypto market.

Fastest growing crypto countries in MENA by value received. — Source: Chainanalysis

So, as we’re seeing, pro-crypto regulation can drive adoption and liquidity, while restrictive laws may simply push activity to more open jurisdictions.

For investors, the trend favors projects with cross-border reach, tangible use cases, and tech built to thrive in diverse regulatory climates. Here are three picks that are well-positioned to benefit.

1. Best Wallet Token ($BEST) – Disrupting Web3 Wallets with Utility

Best Wallet is positioning itself as the next generation of crypto wallets. The project is targeting a 40% market share by 2026, and the Best Wallet Token ($BEST) is a key part of this drive.

For context, this wallet takes aim at big names in the industry like MetaMask while providing a cleaner interface and a stack of features tailored for today’s Web3 space.

Secondly, security is a core focus, with Fireblocks MPC-CMP technology providing institutional-grade protection to eliminate secret key vulnerabilities.

And the $BEST token fuels this secure wallet’s economy, offering holders added perks like:

Reduced transaction fees,
Early access to vetted crypto presales,
Governance rights within the expanding ecosystem.

Its presale kicked off raising $162K in the first 24 hours, and has now surpassed $14.6M. $BEST is currently priced at $0.025465 with staking rewards at 92% APY.

As Bolivia and El Salvador push for regulated digital asset adoption, secure and user-friendly wallets become even more important – especially in emerging markets where crypto offers financial stability.

As the project onboards more users and the token gains traction, our $BEST price prediction forecasts a $0.072 high by the end of the year — a potential 180% increase from its current price.

Check out our full Best Wallet review to learn why this app has the potential to overtake other industry names in the upcoming years.

Or visit the Best Wallet Token presale to see the project’s roadmap.

2. Avalanche ($AVAX) – Layer 1 with Institutional Momentum

Avalanche ($AVAX) has been gaining ground this week, up 12% with a $10.37B market cap.

Its three-chain architecture (X-Chain, C-Chain, and P-Chain) tackles the blockchain trilemma head-on, enabling up to 6,500 transactions per second without sacrificing decentralization.

Adoption is climbing fast – monthly active addresses across all indexed L1s hit an all-time high of 7.3M in July, with Avalanche averaging over 6M monthly users since May.

Avalanche post on X with monthly active addresses across all indexed L1s graph. — Source: @avax on X

The coin’s technical edge has attracted major institutional interest, from BlackRock’s BUIDL fund to Visa’s stablecoin settlement pilot.

Its ecosystem continues to expand through partnerships with Tencent Cloud, the launch of the Filecoin bridge, and a growing footprint in the RWA sector.

With its focus on speed, scalability, and interoperability, Avalanche is built for cross-border financial applications – aligning well with Bolivia’s push for regulated, efficient digital asset infrastructure.

For investors, $AVAX represents both a mature Layer 1 and a platform still capturing new market share.

You can find $AVAX on Binance and most other exchanges with good liquidity.

3. Bitcoin Hyper ($HYPER) – Scaling Bitcoin with Solana Speed

Bitcoin Hyper ($HYPER) is the first true Bitcoin Layer 2, integrating with the Solana Virtual Machine (SVM) to deliver sub-second $BTC transactions with near-zero fees — all compatible with Solana-style smart contracts.

This unlocks an entirely new range of possibilities for Bitcoin holders, from DeFi protocols and dApps to meme coins swaps and instant payments.

A trustless bridge lets you mint wrapped $BTC cross-chain, while zero-knowledge proofs secure every transaction between Bitcoin’s L1 and the Hyper network.

The presale has already raised $8.3M+, with $HYPER priced at $0.012625 and staking rewards reaching 131% APY.

With interoperability across Bitcoin and Solana integrated from the start, $HYPER aims to be Bitcoin’s execution layer.

It doesn’t just offload network traffic to a side chain — it opens the door to Web3 DEX protocols, NFT marketplaces, blockchain gaming, and more features with limited programmability on the main Bitcoin network. Our full guide to Bitcoin Hyper covers it all.

Overall, Hyper solves real problems and limitations for Bitcoin’s L1. This type of utility is why the $HYPER token could hit $0.32 after listing this year.

And as Latin American markets like Bolivia further boost adoption for cryptocurrencies like Bitcoin, such upscaling solutions could soon be in high demand.

Visit $HYPER’s presale to learn more about the project.

Final Thoughts – Adoption Wins, But Regulation Still Rules

Bolivia’s partnership with El Salvador highlights how emerging economies are increasingly embracing crypto to boost financial access and stability, while Algeria’s sudden ban shows how quickly regulation can turn against the industry.

For investors, the opportunity lies in projects that can thrive across borders – whether through secure wallet and utility tokens like $BEST, or blockchain scaling solutions like $HYPER.

This is not financial advice. Markets remain volatile. Please do your own research (DYOR) before investing in crypto.

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.