Best Crypto to Buy Now? Panama Canal May Adopt Bitcoin

Panama City’s mayor, Mayer Mizrachi, has tossed a curveball at the shipping world by suggesting that vessels pay in Bitcoin for expedited passage through the iconic Panama Canal. Announced at Bitcoin 2025 in Las Vegas, this idea isn’t just a novelty—it underscores how digital assets are seeping into high-stakes global infrastructure.

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If enacted, faster canal transit could spark fresh demand for crypto, setting a precedent few anticipated. For investors, this proposal raises questions: Could increased institutional acceptance nudge markets higher? Is this a sign that on-chain settlement will redefine traditional revenue streams? With such momentum at a pivotal maritime choke point, savvy buyers are hunting for the best crypto to buy now.

Bitcoin for Canal Priority? Panama Mayor Suggests Bold New Crypto Incentive

At the Bitcoin 2025 conference in Las Vegas on May 29, Panama City Mayor Mayer Mizrachi suggested letting ships pay in Bitcoin to move ahead in the Panama Canal queue.

Cargo vessels could reduce waiting times by settling transit fees in BTC. “What if you get a perk for paying in Bitcoin—get your ship through faster if you pay in Bitcoin?”

The Panama Canal, a waterway linking the Caribbean and Pacific Oceans, handles about 5 percent of global maritime trade and saves ships weeks compared to rerouting around South America.

In its last fiscal year (October 2023–September 2024), the canal generated approximately $5 billion in revenue as 10,000 ships carried 423 million tons of goods.

The canal resurfaced in December 2024 when former President Trump called for U.S. control, citing Chinese influence and alleged unfair tolls.

On the flip side, Panama City approved Bitcoin for public payments like taxes and municipal fees. Mizrachi floated creating a Bitcoin reserve for the city without legislative approval and urged lawmakers to let crypto operate freely before regulating.

He claims over $5 billion in annual Bitcoin transactions occur in Panama, though much remains behind closed doors.

Best Crypto to Buy Now

With the Panama Canal potentially rewarding Bitcoin payments with faster passage, on-chain settlement is stepping into the global shipping arena. This use case could boost demand and unlock new liquidity lanes, making digital assets more integral to real-world commerce. Investors looking for momentum should consider where these currents lead—the Best Crypto To Buy Now.

Solaxy

Riding the wave of Panama’s crypto-friendly hints, Solaxy could benefit from the spotlight on payment tokens. Its focus on low-cost, instant swaps echoes the canal’s quest to save time—flowing smoothly through bullish currents.

Solaxy (SOLX) has raised over $42 million in its presale, marking a major early milestone for what it calls Solana’s first Layer 2 network. Unlike hype-driven tokens, Solaxy is launching with actual tools already live—making it more than just talk.

The project has rolled out a block explorer and a cross-chain bridge linking Solana to Ethereum’s Devnet. This early infrastructure hints at real-world use, not just speculative value.

The bridge supports smooth interaction between networks, helping developers move assets across chains with ease. It’s a strong signal Solaxy aims to be a serious player in Web3 interoperability.

The team says the project is just getting started, with more features coming soon—including a token creation engine and several DeFi tools. These additions are expected to boost activity on Solana and draw in a broader developer base.

Solaxy’s hands-on approach stands out in a crowded presale market, where big promises often lack follow-through. By showing working products early, the project is building trust—and maybe setting a new bar for Web3 launches.

MIND Of Pepe

In a world where satire meets capital, MIND of Pepe channels internet culture into tangible value. Amid Panama’s playful embrace of BTC perks, this meme-driven token taps into the same irreverent energy—because sometimes humor unlocks the next breakout.

The $MIND token is grabbing headlines as it taps into two of crypto’s hottest trends—Pepe memes and AI. This blend is fueling major investor interest ahead of its launch.

The project has already raised over $11 million in its ongoing presale, offering early buyers a chance to get in before the token lists.

That window is closing fast—the presale ends in just a few hours, with momentum building ahead of the June 3 exchange listing at 2:00 PM UTC, when buyers can claim their tokens as trading begins.

As stated by well-known crypto YouTuber 99Bitcoins, don’t miss the chance to invest in MIND, as it has the potential to deliver massive returns.

Beyond hype, $MIND is aiming to build a real community—one that’s incentivized to hold, not just follow. Access to its core platform, the MIND of Pepe terminal, is exclusive to token holders, reinforcing the project’s goal of turning attention into long-term engagement.

BTC Bull

As Bitcoin’s influence seeps into geopolitical hotspots, BTC Bull captures bullish sentiment around on-chain utility. With Panama exploring BTC fees for canal transit, this token’s narrative gains steam, mirroring a rallying cry for forward motion.

BTC Bull Token ($BTCBULL) is a meme coin built around Bitcoin’s long-term price surge, offering a playful yet strategic bet on BTC rallies.

It’s positioned as the go-to token for investors chasing meme-driven exposure to Bitcoin’s growth. What sets it apart is its unique free airdrop system—unlike typical awareness campaigns, BTC Bull uses airdrops as a core value driver.

When Bitcoin hits key milestones like $250,000, $BTCBULL holders will be rewarded directly with token drops.

The project has set aside 10% of its total supply for this purpose, creating a major incentive for long-term holding.

Investors can also stake their tokens during the presale phase to earn passive income, with the APY starting high and gradually dropping as more users join the pool.

Ethereum

When smart contracts steer supply chains, Ethereum leads the charge. If Panama’s canal operators ever automate settlements via on-chain code, Ethereum’s robust network and developer ecosystem could anchor this shift—making it one of the Best Crypto To Buy Now.

SharpLink Gaming, a relatively unknown name in online gambling, made headlines this week after securing $425 million to build an Ethereum treasury. The move echoes the crypto playbook popularized by Michael Saylor’s MicroStrategy—buy a major crypto asset and turn company stock into a proxy for it.

While MicroStrategy did this with Bitcoin, SharpLink is betting on Ethereum, the second-largest and most liquid crypto after BTC. For traditional investors, it offers an easier way to gain exposure without handling crypto directly—often leading such stocks to trade at a premium.

Ethereum’s appeal is growing, even as Bitcoin begins to show signs of slowing down due to its massive market cap and shrinking institutional yields. Analysts note that capital is gradually rotating into other Layer-1 blockchains, with Ethereum emerging as a standout.

It is currently trading at around $2523 with a market cap exceeding $304.61 billion, positioning it in 2nd place. However, over the past few days, it has been declining, creating an opportunity for potential buyers to benefit from the dip.

Its investment case is strong—bolstered by staking rewards, a dominant role in DeFi, and growing developer activity. Notably, former BitMEX CEO Arthur Hayes believes ETH could hit $5,000 by year-end, signaling a potential new all-time high and renewed momentum in the altcoin space.

Conclusion

Mayer Mizrachi’s proposal to grant Bitcoin-paying ships priority at the Panama Canal is more than a headline—it represents the deepening fusion of digital assets and global trade. Whether lawmakers embrace his suggestions or take a cautious stance, this conversation signals a turning point: established infrastructures now eye crypto as a tool, not a fad.

Beyond Panama, the broader trend is clear: jurisdictions are experimenting with on-chain payments for real-world services. For investors, that means shifting focus from speculation to strategic selection—identifying projects ready to anchor this bridge between traditional lanes and blockchain rails. For those weighing their next move, remember to seek the best crypto to buy now.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.