Calculated by market capitalization, the current top ten digital currencies include: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), Cardano (ADA) , Solana (SOL), Dogecoin (DOGE), Ripple (XRP), Polygon (MATIC), Avalanche (AVAX).
Ranking of the top ten mainstream digital currencies
Since the launch of Bitcoin in 2009, the digital currency market has flourished . Here are the top ten digital currencies currently, by market capitalization:
-
Bitcoin (BTC): The pioneer in the digital currency space and the largest cryptocurrency by market capitalization.
-
Ethereum (ETH): Known for smart contracts and decentralized applications (dApps), it is one of the most popular platforms among developers.
-
Tether (USDT): A stablecoin pegged to the U.S. dollar, designed to provide stability to the cryptocurrency market.
-
Binance Coin (BNB): The native token of the Binance cryptocurrency exchange and can be used to pay transaction fees and participate in community governance.
-
Cardano (ADA): Known for its Proof of Stake (PoS) consensus mechanism and scalability.
-
Solana (SOL): Known for its high speeds and low transaction fees, it is a popular choice for DeFi and NFTs.
-
Dogecoin (DOGE): Originally created as a satirical cryptocurrency but has since gained widespread attention and support.
-
Ripple (XRP): A payment network based on decentralized ledger technology, widely used in cross-border transactions.
-
Polygon (MATIC): Ethereum’s layer 2 scalability solution that reduces transaction fees and increases throughput.
-
Avalanche (AVAX): With fast, low-cost and customizable features, it is a popular platform for developing DeFi and dApps.
The above is the detailed content of Ranking of the top ten mainstream digital currencies. For more information, please follow other related articles on the PHP Chinese website!