Home web3.0 What are the mainstream currencies? Take stock of the top ten mainstream currencies in 2024

What are the mainstream currencies? Take stock of the top ten mainstream currencies in 2024

Oct 16, 2024 am 08:44 AM
Blockchain Bitcoin cryptocurrency Ethereum High scalability Stablecoin Binance usdt exchange Mainstream coins Ethereum blockchain Tether Ripple

The article introduces the top ten mainstream cryptocurrencies in 2024, which have high market capitalization, popularity and trading volume. They are considered to be relatively stable and safe investment options. This article explores each cryptocurrency’s unique features, benefits, and use cases.

What are the mainstream currencies? Take stock of the top ten mainstream currencies in 2024

Inventory of the top ten mainstream currencies in 2024

What are mainstream currencies?

Mainstream coins are a type of cryptocurrency with high market capitalization, popularity and trading volume in the cryptocurrency market. They are generally considered to be relatively safe and stable investment options that are easy to trade and store.

1. Bitcoin (BTC)

  • The cryptocurrency with the highest market capitalization and the best reputation.
  • Considered as digital gold, it is a store of value.

2. Ethereum (ETH)

  • The most popular cryptocurrency after Bitcoin.
  • The Ethereum blockchain is the basis for many decentralized applications (dApps) and smart contracts.

3. Binance Coin (BNB)

  • The native token of Binance exchange.
  • Can be used to reduce transaction fees, participate in Binance voting, and stake.

4. Tether (USDT)

  • A stablecoin pegged to the US dollar.
  • Provides stability for cryptocurrency transactions and is the leader in the stablecoin market.

5. Ripple (XRP)

  • A cryptocurrency focused on cross-border payments.
  • Partnered with Ripple Labs to provide fast, low-cost payment solutions.

6. Cardano (ADA)

  • A cryptocurrency focused on scalability, security and sustainability.
  • Aims to build an interoperable and programmable blockchain.

7. Polygon (MATIC)

  • Layer 2 scaling solution for Ethereum.
  • Provides faster transaction speeds, lower transaction fees and higher scalability.

8. Chainlink (LINK)

  • A decentralized oracle network.
  • Provide reliable off-chain data so that smart contracts can interact with the real world.

9. Uniswap (UNI)

  • A decentralized cryptocurrency exchange.
  • Allows users to trade tokens directly on the chain without an intermediary.

10. Solana (SOL)

  • A high-performance blockchain.
  • Features fast transaction speeds, low transaction fees and high scalability.

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