Vietnam Legalizes Crypto: Which Altcoin Will Break Out First?

Will the next big step in blockchain technology come from Vietnam?

As developing countries play an increasingly important role in the cryptocurrency market, Vietnam and Pakistan are emerging as top candidates.

In Vietnam, the gradual establishment of national standards for cryptocurrencies shows a long-term vision. Meanwhile, Pakistan is planning to reserve Bitcoin at the national level and build a clear legal framework. These steps not only promote the application of cryptocurrencies domestically but also contribute to shaping global trends.

This also shows how Bitcoin and blockchain technology in general can help emerging economies drive growth and innovation. As we will analyze later, this can also fuel some of the top altcoins.

Vietnam, Saylor, Pakistan: 4 noteworthy points
What do the moves by Pakistan and Vietnam mean for the global crypto economy? Here are four takeaways:

Breakthrough in legal framework in Vietnam
On June 14, 2025, Vietnam passed the Law on Digital Technology Industry, effective from January 1, 2026, officially classifying cryptocurrencies as a separate asset class and managed by the state. This law directly affects 17 million cryptocurrency owners and $105 billion in capital inflows in the period of 2023–2024, while providing the necessary stability to strengthen investor confidence.

Legal framework to promote innovation
Vietnam’s approach goes beyond legalizing cryptocurrencies. The law also offers incentives such as tax breaks, R&D support, and land use incentives for areas such as artificial intelligence and blockchain infrastructure, signaling the country’s strong orientation toward a technology-centric economy.

Pakistan's Strategic Turning Point in Crypto
Just a day later, on June 15, 2025, Pakistan followed Vietnam’s lead when Michael Saylor met with the country’s financial leaders to push for Bitcoin to become a national reserve asset. Earlier in March 2025, Pakistan established the Pakistan Cryptocurrency Council, which created a legal framework, planned a national Bitcoin reserve, and developed infrastructure for cryptocurrency mining.

Are emerging economies leading the trend?
The moves by Vietnam and Pakistan reflect a global trend: emerging economies are leveraging digital assets to leapfrog their economies rather than simply following Western nations.

With growing interest in the potential of the cryptocurrency revolution, countries like Pakistan, Vietnam, and many others are pushing the boundaries of the technology in ways that could see top altcoins take off.

Let's find out how top altcoins like Bitcoin Hyper , Uniswap, and Snorter Token will fare as the global adoption wave continues to spread.

1. Bitcoin Hyper ($HYPER) – Bitcoin’s First Layer 2 Launches with SVM
Bitcoin is a great asset, there's almost no denying that: 230% average annual return, over $2 trillion market cap, etc. But is that just the beginning?

Bitcoin Hyper ($HYPER) will unlock the full potential of Bitcoin. While $BTC is currently one of the best stores of value in the world, it is still limited in its original form when it comes to cryptocurrency applications.

Bitcoin Hyper solves that by building a Layer 2 layer on top of Bitcoin, leveraging the Bitcoin Relay Program on the Solana Virtual Machine (SVM) to verify the block header and transaction proof of any $BTC sent over Bitcoin Hyper's Canonical Bridge.

The result is extremely fast transaction processing speeds and the ability to build entire DeFi ecosystems right on top of Bitcoin.

Interest in Layer 2 solutions is growing exponentially; another hot crypto presale project, Solaxy ($SOLX), just crossed the $50 million mark with its Layer-2 model on Solana. Can $HYPER surpass that mark with a Layer-2 solution for the world’s largest cryptocurrency?

The $HYPER token is currently selling for $0.0119 with a total presale fund of $1.3 million. You can read the whitepaper or learn how to buy Bitcoin Hyper to understand why we believe the token can go from $0.0119 to $0.02595, representing a 118% return.

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2. Uniswap ($UNI) – The top DeFi protocol’s utility token is looking to return to its former heights
Uniswap is one of the leading decentralized exchanges with a trading volume of over $1.78 billion in the last 24 hours alone. Not only that, Uniswap is also currently the 27th largest cryptocurrency token in the market with a market capitalization of $4.91 billion.

That's impressive in itself, but is $UNI ready for a new breakout?

The token is still trading well below its all-time high of $44.97 during the 2021 market boom. However, $UNI is listed as an asset currently held by the US government — meaning it qualifies for inclusion in the US Digital Asset Reserve.

Uniswap leaders have also been involved in discussions with the US Congress regarding upcoming legislation related to decentralized finance.

As the global trend is gradually leaning towards a more clear and organized cryptocurrency regulatory framework, $UNI could well be poised for major advances.

3. Snorter Token ($SNORT) – Dominate the Solana meme coin world with Snorter Bot
While new meme coins are popping up on Solana every day, some investment opportunities that can 10x are currently hiding in the underground.

Finding and trading these coins requires a lot of time and effort, but $SNORT and the Snorter Bot tool will make the process a lot easier.

Snorter Bot will “sniff out” the best trading opportunities. Detection, quick buying, and protection from sudden withdrawal scams or bait projects are all built into Snorter Bot.

The $SNORT token enables ultra-fast swaps with the lowest possible fees on Solana.

As the decentralized finance market grows in tandem with global crypto adoption, this could create a solid foundation for tokens like $SNORT to break out. The meme coin market is still booming even as traders become more sophisticated.

Take your meme coin trading strategy to the next level with $SNORT, currently priced at $0.0953. The presale has raised over $1 million, indicating that investor interest is growing rapidly.

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Vietnam, Pakistan Embrace Cryptocurrency, Paving the Way for Altcoin Boom
As countries like Vietnam and Pakistan proactively embrace cryptocurrencies, a clear message is being sent: digital assets are no longer just a speculative tool but a strategic lever for economic development. Vietnam’s regulatory clarity and Pakistan’s ambition to make Bitcoin a national reserve asset show that emerging economies are helping to shape the future of finance.

Whether it’s a foundational DeFi token like Uniswap, a groundbreaking Layer-2 like Bitcoin Hyper , or an advanced trading engine like Snorter Token , the next wave of growth may be ready to take off.