Ethereum: A comparison of different active cryptocurrencies
While the cryptocurrency continues to grow, more and more new coins appear every year. The market is increased with over 60 different cryptocurrencies that are currently listed on Coinmarketcap.com. While some can be seen as established players, others are still in their infancy or have a smaller user base. In this article we will take a closer look at some of the most active and popular cryptocurrencies, including Ethereum.
Ethereum: The OG blockchain
Let’s start with one of the pioneers of the Blockchain Revolution – Ethereum (ETH). Ethereum was launched by Vitalik Buterin in 2015 and has been around for over six years. It is known for its Smart Contract functionality, which enables developers to build and use self-contracts with the help of the Solidity programming language.
Ethereum is one of the most frequently used cryptocurrencies with a large community and an established ecosystem. The native cryptocurrency ether (Ether (Eth) has acted over 500 US dollars with coinmarketcap.com since its introduction. Ethereum’s tokenomics also makes it attractive for investors, as it has high maximum care and relatively low volatility.
Other active cryptocurrencies: a comparison
Here are some other active cryptocurrencies that should be mentioned:
* Bitcoin (BTC) : The first and largest cryptocurrency after market capitalization. Bitcoin is the gold standard for cryptocurrencies with a large user base and a well -established ecosystem.
* Ripple (XRP) : A fast and inexpensive payment system that has gained popularity in recent years. The native token from Ripple, XRP, has been dealing with Coinmarketcap.com since its start.
* Litecoin (LTC) : A cryptocurrency of peer-to-peer that is faster and cheaper than Bitcoin. Litecoins native token, LTC, was traded with over 60 US dollars against Coinmarketcap.com.
* Cardano (ADA) : A decentralized public blockchain platform that focuses on providing a secure and transparent possibility for the transactions for facilities. Cardanos Native Token ADA acted with Coinmarketcap.com with over 0.30 USD.
Comparison table
| Cryptocurrency | Market Capitalization (USD) | Maximum supply |
| — | — | — |
| Bitcoin (BTC) | 19,200,000,000 21 million |
| Ethereum (ETH) | 15,700,000,000 12.7 billion |
| Ripple (XRP) | 10,300,000,000 100 million |
| Litecoin (LTC) | 4,900,000,000 74 million |
| Cardano (ADA) | 3,500,000,000 45 million |
As you can see, Bitcoin and Ethereum are the two largest cryptocurrencies after market capitalization. Ripple and Litecoin also have a significant presence in the top 5.
Diploma
In summary, this article has given an overview of some of the most active and popular cryptocurrencies that are currently listed on Coinmarketcap.com. While every cryptocurrency has its own characteristics and advantages, Ethereum remains one of the pioneers of the blockchain revolution. While the market is developing, it is essential for investors and users to stay up to date on the latest developments in this rapidly growing space.
Liability exclusion
This article only serves for information purposes and should not be regarded as investment advice. Always carry out your own research and contact a financial advisor before making investment decisions.