币界网报道:Nigeria's crypto market is heating up with Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) emerging as top altcoins to watch in July 2024. Despite regulatory uncertainties, local adoption continues to grow, driven by economic instability and currency devaluation. Bitcoin remains the dominant choice for store-of-value, while Ethereum and Solana gain traction for DeFi and NFT applications. Local exchanges report surging trading volumes, particularly in peer-to-peer (P2P) markets, as Nigerians seek alternatives to traditional banking. Analysts highlight increasing institutional interest, though concerns persist over potential government crackdowns. The Central Bank of Nigeria's evolving stance on crypto remains a key factor shaping market dynamics.