These are the top cryptocurrencies by market capitalization, or the total worth of all coins currently in circulation, to help you gain your bearings.
1
Bitcoin (BTC)
Price: $47,710Market cap: $901 billion
Bitcoin's value has soared as it has grown in popularity. In May 2016, a Bitcoin could be purchased for around $500. The price of a single Bitcoin reached above $46,000 on January 3, 2022. This equates to a 9,200% increase.
2
Ethereum (ETH)
Price: $3,979 Market cap: $472 billion
The name of the cryptocurrency platform, Ethereum, is the second most well-known name in the crypto world.
3
Binance Coin (BNB)
Price: $561.45Market cap: $94 billion
Binance Coin is a cryptocurrency that may be used to trade and pay fees on Binance, one of the world's largest cryptocurrency exchanges.
The price of Tether is set at $1 per coin. This is due to the fact that it is a stablecoin. Stablecoins are coins that are linked to the value of a certain asset, such as the US dollar in Tether's instance.
5
Solana (SOL)
Price: $172.02 Market cap: $53 billion
Solana is a newer cryptocurrency that advertises the speed with which it completes transactions and the general stability of its "web-scale" network. It was launched in March 2020.
6
Cardano (ADA)
Price: $1.26Market cap: – $42 billion
Cardano is the cryptocurrency framework that underpins ada, the currency's name. Cardano, which was created by the Ethereum co-founder, also employs smart contracts to provide identity management.
7
USD Coin (USDC)
Price: $1.00 Market cap: – $41 billion
USD Coin is a dollar-pegged stablecoin, which means its value will not change. USDC is based on Ethereum, and it may be used to make international transactions.