As of January 10, 2025, the top ten cryptocurrencies by market capitalization available on Binance are:
1. Bitcoin (BTC): The original cryptocurrency, often referred to as "digital gold," is widely used for transactions and as a store of value.
2. Ethereum (ETH): A decentralized platform that enables smart contracts and decentralized applications (DApps), serving as the foundation for many blockchain-based projects.
3. Tether (USDT): A stablecoin pegged to the US dollar, commonly used by investors to mitigate market volatility.
4. USD Coin (USDC): Another US dollar-pegged stablecoin, utilized for stability and as a medium of exchange within the crypto ecosystem.
5. Binance Coin (BNB): The native cryptocurrency of the Binance platform, used for trading fee discounts and participation in token sales on Binance Launchpad.
6. Ripple (XRP): A digital payment protocol aimed at facilitating fast and low-cost international money transfers, primarily used by financial institutions.
7. Cardano (ADA): A blockchain platform focused on security and sustainability, enabling the development of decentralized applications and smart contracts.
8. Solana (SOL): Known for its high-speed and low-cost transactions, Solana supports decentralized applications and decentralized finance (DeFi) projects.
9. Dogecoin (DOGE): Initially created as a meme, Dogecoin has gained popularity and is used
10. Polkadot (DOT): A blockchain platform designed to enable different blockchains to transfer messages and value in a trust-free fashion; aiming for a web where our data is our own and isn’t stored on a server owned by an intermediary company.
