First US Bank Opens Crypto Trading: SoFi’s Move Puts Best Wallet Token in Play
Quick Facts:
SoFi grew to become the primary nationally chartered U.S. financial institution to supply in-app crypto buying and selling, signaling a policy-driven thaw in financial institution crypto.- Wider financial institution distribution usually deepens liquidity and lowers frictions, funneling new customers towards non-custodial wallets the place utility lives.
- Best Wallet positions $BEST as a utility token for decreased charges, presale entry, and staking inside a mobile-first, MPC-secured app.
- The Best Wallet Token presale has raised over $16.9M to this point, positioning it as one of many hottest presales of 2025.
SoFi Bank simply did what each US lender has tiptoed round for years: it lit up in-app crypto buying and selling for retail clients.
The rollout makes SoFi the primary and solely nationally chartered, FDIC-insured financial institution to let its clients purchase, promote, and maintain digital belongings like Bitcoin ($BTC) and Ethereum ($ETH) on the identical app they already use for checking, financial savings, and investing.
According to SoFi’s CEO, the launch is staged, with support for ‘dozens’ of assets coming online. That’s the precise form of SKU breadth that pushes crypto from area of interest app to default banking tab.
The financial institution’s transfer is for certain to bridge the gap between TradFi accounts and on-chain assets.
It issues for merchants as a result of each new on-ramp tends to compress spreads, deepen liquidity, and normalize allocation habits. It additionally issues for the subsequent wave of retail customers, who gained’t have to bridge funds by means of a number of apps to get publicity.
We imagine the transfer is a product of clearer US financial institution steerage this yr, which unlocked inner greenlights at establishments that had been beforehand cautious of digital-asset ambiguity.
Said merely: if compliance had the brakes on in 2023, coverage readability simply shifted the gearbox. With a nationwide financial institution now setting the tempo, count on copycats. Also, count on the person funnel to get wider, quicker.
SoFi additionally goals to carry crypto entry to its 12.6M-plus buyer base over the approaching weeks. It’s a firehose of distribution that usually re-prices comfort premiums throughout the stack.
For wallets, that’s a possibility. If banks are turning into crypto on-ramps, non-custodial wallets develop into the place the place folks really use tokens, stake, swap, and chase new alternatives.
Which is why this atmosphere retains steering consideration towards Best Wallet Token ($BEST).
Best Wallet: A Bank-Age Wallet Built for On-Chain Action
Best Wallet is a non-custodial, multi-chain pockets (Best Wallet with a launchpad-style ‘Upcoming Tokens’ portal and an built-in DEX aggregator.
This ecosystem (alongside its official token, Best Wallet Token) is designed to chop the steps between shopping for crypto and doing one thing with it.
This all occurs inside a mobile-first app utilizing MPC security and Fireblocks infrastructure. That means should you’re a brand new person arriving from banking apps, you gained’t wrestle with seed phrases or chain roulette on day one.
Utility exhibits up in the workflow. Fiat on-ramp through companions, cross-chain swaps through an auto-router that hunts higher charges, portfolio views throughout a number of scorching wallets, and forthcoming options like a Best Card for spending.
For merchants watching threat rotations: non-custodial rails can develop into a beneficiary when custodial venues get busy.
Bank-integrated shopping for lowers friction; wallets that compress the leap to staking, swapping, and presales can seize extra of the post-buy worth chain. That’s the demand-side logic behind $BEST’s utility design.
Check out $BEST’s presale here.
Best Wallet Token ($BEST) — Presale With App-Native Distribution And High Staking APY
To get extra out of the Best Wallet app, it helps to get its native Best Wallet Token ($BEST) through its ongoing presale. As a token holder, you’ll take pleasure in unique perks like low transaction charges, governance rights, and early entry to the best crypto presales through the Token Launchpad.
Want to be taught extra concerning the undertaking? Be positive to take a look at ‘What is Best Wallet Token?’
Each $BEST token is priced at $0.025935, which can be staked at 77% APY. Its enticing worth has allowed the presale to lift over $16.9M at press time. There are common worth will increase, with a brand new one arising in 16 days, which inspires patrons to lock in their tokens early.
Find out how one can purchase $BEST tokens in our Best Wallet Token buying guide.
HODLing may be an attractive choice for long-term buyers, given Best Wallet one thing to look ahead do just a few years down the road.
According to our Best Wallet Token price prediction, $BEST has the potential to succeed in between $0.24 and $0.62 by the tip of 2026, a substantial potential leap from its present worth.
The macro tie-in is obvious: SoFi’s bank-grade entry normalizes crypto publicity for mainstream customers. Once they purchase, they’ll need to stake, farm, and uncover new launches, that are actions that don’t dwell inside a checking account.
Best Wallet Token ($BEST) goals to be the connective tissue there, monetizing utility relatively than mere custody. If you’ve been scanning for best altcoins, this can be a extra useful, wallet-native narrative with elective upside from app adoption.
Disclaimer: This article is instructional and never monetary recommendation. Crypto belongings are unstable; do your personal analysis and assess private threat tolerance earlier than investing.
Authored by Bogdan Patru, Bitcoinist: https://bitcoinist.com/first-us-bank-launch-crypto-trading-best-wallet-token-soars
