Rishi Sunak’s UK crypto plans can bring big wins for Big Eyes, Avalanche and Solana

by Arthur · November 6, 2022

Since the election of Rishi Sunak, or as some like to call him, the “Champion of Crypto”, the crypto community has high hopes for what Rishi Sunak in power can do for the entire crypto ecosystem.

Sunak is now under pressure to deliver on his previous plans for the UK. Which includes the no small task of rescuing the UK economy and delivering on the promise of creating a global crypto hub, introducing stablecoins into traditional finance and creating a financial sandbox to foster further innovations.

With hopes high for the future of the global and UK economy, many investors and traders are wondering what Rishi Sunak’s crypto plans will mean for Big Eyes (BIG), Avalanche (AVAX) and Solana (SOL). Will Rishi Sunak’s plans be the catalyst that propels these blockchain projects to the moon?

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Solana (SOL) is a blockchain platform that was designed to host decentralized applications and be an “Ethereum Killer.” Its original cryptocurrency SOL rose to fame in 2021, increasing by nearly 12,000%. Solana utilizes proof-of-stake (PoS) combined with the proof-of-history (PoH) system which massively increases the number of transactions Solana can perform per second. This unique architecture of Solana attracts investors because it competes with the speeds and prices of Ethereum.

Previously as UK Chancellor of the Exchequer, Rishi Sunak led on economic plans announced by the government last year. If these plans specifically related to crypto come to fruition, Solana will likely benefit from the outcome.

Solana is likely to see a big increase in engagement once the UK government’s first phase of the plan is implemented. This would involve creating a “financial market infrastructure sandbox”, enabling companies to experiment and innovate with crypto-asset technology. This stage will create a wave of demand for blockchain technology across a wide range of sectors. The need for speed and efficiency is likely to drive these firms to seek out the Solana platform. If delivered, Rishi’s plans will define engagement with Solana and other blockchain projects.

One SOL is valued at $31.34 with a market capitalization of $11,250,733,437 at the time of writing. SOL is currently in a downtrend falling from its recent high of $34.31.

Will “Crypto Champion” Rishi Sunak increase the value of Avalanche?

Avalanche (AVAX) is a platform similar to Solana. It also competes with Ethereum in terms of speed and scalability (it is infinitely scalable). In addition, Avalanche’s reward system, which encourages participation, makes it stand out from other platforms. However, the competition is fierce with Ethereum and Solana in the ring.

Like Solana, Avalanche is also likely to benefit from Rishi Sunak’s plans to put the UK at the forefront of fintech innovation. As it is likely that Rishi Sunak’s plans are likely to set a precedent for other countries that have yet to consider the benefits of integrating crypto assets. However, Avalanche will likely still have to compete for the top spot on the leaderboard, as Ethereum and Solana are also likely to profit from Rishi Sunak’s plans.

One AVAX is valued at $17.86 at the time of writing, with a market capitalization of $5,336,471,928. AVAX is in a downtrend from its last high of $19.61 on 10/31/2022.

Will Sunak be the catalyst for Big Eye’s trip to the moon?

Big Eyes (BIG) is a new meme coin currently in its sixth presale phase; although it is a young cryptocurrency, many traders and experts are impressed by the strength and vitality of the Big Eyes sale. At the time of writing, Big Eyes has raised over $9 million and has already secured a top tier CEX for when it launches, which is likely to be very soon.

One of the reasons a lot of people are flocking to the Big Eyes presale is because this isn’t just any old dog-related meme coin. Instead, Big Eyes Coin is a cat-themed coin with a fierce community spirit. It has its big enchanting eyes fixed on a future where society can thrive and create wealth together. Not to mention providing much needed charitable support to organizations working to protect and preserve marine life.

Suppose Rishi Sunak’s plans for the UK’s global crypto hub, sandbox and stablecoin regulation come to fruition. If so, Big Eyes will likely be driven to the moon as it is poised to thrive in a future where Rishi Sunak and other world leaders are promoting crypto innovation and adoption. This is because of its unique, sweet and sustainably appealing features that will continue to capture the hearts of future generations of crypto enthusiasts.

To get more bang for your buck when buying STORE tokens, use this promo code “BEYES0470”.

For more information about Big Eyes Coin (BIG) and its community, please visit the following links:

The Big Eyes Presale:

The Big Eyes website:

The Big Eyes Telegram:

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