{"id":23793,"date":"2022-05-26T10:45:08","date_gmt":"2022-05-26T08:45:08","guid":{"rendered":"https:\/\/www.getsmarter.com\/blog\/?p=23793"},"modified":"2025-10-07T11:45:16","modified_gmt":"2025-10-07T09:45:16","slug":"cryptocurrencies-types-compared","status":"publish","type":"post","link":"https:\/\/www.getsmarter.com\/blog\/cryptocurrencies-types-compared\/","title":{"rendered":"10 Types of Cryptocurrencies Compared"},"content":{"rendered":"\n<p>The rise of crypto assets has given people more options when it comes to storing value. Simply defined, these are assets that exist purely in a digital state with their value coming from supply and demand rather than external market forces.<sup>1<\/sup><\/p>\n\n\n\n<p>Think critically about any crypto project&#8217;s assets and assess its viability by registering for The MIT Media Lab <a href=\"https:\/\/www.getsmarter.com\/products\/mit-media-lab-cryptocurrency-online-short-course\" target=\"_blank\" rel=\"noreferrer noopener\">Cryptocurrency course<\/a>.<\/p>\n\n\n\n<p>They are segregated into four distinctive categories: <a href=\"https:\/\/www.getsmarter.com\/blog\/what-is-cryptocurrency-an-easy-to-understand-guide\/\" target=\"_blank\" rel=\"noopener\">cryptocurrencies<\/a>, platform tokens, utility tokens, and transactional tokens. According to Allied Market research, cryptocurrency\u2019s market share was valued at $1.49 billion in 2020. By 2030, this value is projected to reach $4.94 billion, growing at a compound annual growth rate (CAGR) of 12.8% from 2021.<sup>2<\/sup><\/p>\n\n\n\n<p>Due to the vast number of cryptocurrency types, we have ordered this guide according to market capitalization values \u2013 as this is generally one of the main ways to rate the value of cryptocurrencies.<sup>3<\/sup><\/p>\n\n\n\n<p>Considering the above, the top 10 cryptocurrencies are currently:<\/p>\n\n\n\n&nbsp;\n<div class=\"row\">\n<div class=\"col-12 col-md-3\">\n<img loading=\"lazy\" decoding=\"async\" width=\"751\" height=\"751\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies__blog_NR-2-ETHERIUM_26-04-22_180x180px-copy.png\" alt=\"\" class=\"wp-image-46514\" srcset=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies__blog_NR-2-ETHERIUM_26-04-22_180x180px-copy.png 751w, https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies__blog_NR-2-ETHERIUM_26-04-22_180x180px-copy-420x420.png 420w\" sizes=\"auto, (max-width: 751px) 100vw, 751px\" \/>\n<\/div>\n<div class=\"col-12 col-md-8\">\n<h2>Bitcoin (BTC)<sup>4<\/sup><\/h2>\n<p>The first major usable cryptocurrency. It has the highest market cap and its coins trade at the highest cost of all cryptocurrencies.<\/p>\n<p>Market worth: $744,586,622,967<\/p>\n<\/div>\n<\/div>\n\n\n\n<ul>\n<li>1MB block size<\/li>\n<li>Transactions take about 10 minutes to process<sup>5<\/sup><\/li>\n<li>Token limit of 21 million with 83 percent of its tokens already in circulation<sup>6<\/sup><\/li>\n<li>Slow processing speeds<\/li>\n<li>High energy usage<\/li>\n<li>High transaction fees<\/li>\n<li>No-counterparty assets (value determined by market dynamics)<sup>7<\/sup><\/li>\n<li><a href=\"https:\/\/www.getsmarter.com\/blog\/how-decentralised-exchanges-will-affect-the-cryptocurrency-market\/\" target=\"_blank\" rel=\"noopener\">Decentralized platform<\/a><\/li>\n<li>Concerns about scalability of this platform led to the incorporation of SegWit2x<sup>8<\/sup> \u2013 this helps make the amount of verifiable data per block smaller and includes signature data as an extended block instead<\/li>\n<\/ul>\n\n\n\n&nbsp;\n<div class=\"row\">\n<div class=\"col-12 col-md-3\">\n<img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies__blog_NR-2-ETHERIUM_26-04-22_180x180px.png\" alt=\"\" class=\"wp-image-46514\">\n<\/div>\n<div class=\"col-12 col-md-8\">\n<h2>Ethereum (ETH)<sup>9<\/sup><\/h2>\n<p>A decentralized, open-source blockchain with smart contract functionality. Ether (ETH or \u039e) is the native cryptocurrency of the platform.<\/p>\n<p>Market worth: $313,588,368,238<\/p>\n<\/div>\n<\/div>\n\n\n\n<ul>\n<li>Token limit of 18 million per year<\/li>\n<li>Currently has over 119.7 million tokens in circulation<sup>10<\/sup><\/li>\n<li>Is a decentralized blockchain platform<\/li>\n<li>Specializes in \u2019smart contracts\u2019 that facilitate the exchange of value<\/li>\n<li>Coded programs run without third-party interference<\/li>\n<li>Users must use tokens to perform actions on the blockchain, this forces them to mainly stick to financial actions<\/li>\n<li>In February 2022, Wormhole, one of the most popular bridges linking the Ethereum and Solana blockchains, lost about $320 million in an apparent hack<sup>11<\/sup><\/li>\n<\/ul>\n\n\n\n&nbsp;\n<div class=\"row\">\n<div class=\"col-12 col-md-3\">\n<img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies__blog_NR-3-tether_26-04-22_180x180px.png\" alt=\"\" class=\"wp-image-46514\">\n<\/div>\n<div class=\"col-12 col-md-8\">\n<h2>Tether (USDT)<sup>12<\/sup><\/h2>\n<p>A blockchain-based cryptocurrency backed by the U.S. dollar, which means actual dollars are in reserves at financial institutions to serve as collateral.<\/p>\n<p>Market worth: $80,050,765,034<\/p>\n<\/div>\n<\/div>\n\n\n\n<ul>\n<li>No limit on tokens<\/li>\n<li>Converts your digital money into traditional money<sup>13<\/sup><\/li>\n<li>Carries counterparty risk, there is a possibility that a party can default on their contractual obligations<\/li>\n<li>Popular as traders use them as a substitute for U.S. dollars<\/li>\n<li>Tokens are designed to be stable for volatile cryptocurrency markets<\/li>\n<li>Highly traded currency<\/li>\n<li>Low transaction fees<sup>14<\/sup><\/li>\n<li>It was recently involved in a controversy, where it was issuing more tether tokens than it has dollars in the bank<sup>15<\/sup><\/li>\n<\/ul>\n\n\n\n&nbsp;\n<div class=\"row\">\n<div class=\"col-12 col-md-3\">\n<img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies_Eight-Types-of-Cryptocurrencies-Compared_blog_tether_26-04-22_180x180px-copy.png\" alt=\"\" class=\"wp-image-46514\">\n<\/div>\n<div class=\"col-12 col-md-8\">\n<h2>BNB (BNB)<sup>16<\/sup><\/h2>\n<p>Issued by Binance exchange and the largest cryptocurrency exchange in the world, supporting more than 1.4 million transactions per second.<\/p>\n<p>Market worth: $63,926,241,179<\/p>\n<\/div>\n<\/div>\n\n\n\n<ul>\n<li>Launched in July 2017<\/li>\n<li>Initially based on the Ethereum network but is now the native currency of Binance&#8217;s own blockchain (the Binance chain)<\/li>\n<li>Limited to 200 million BNB tokens<sup>17<\/sup><\/li>\n<li>As of September 2021, 168,137,036 are in circulation<sup>18<\/sup><\/li>\n<\/ul>\n\n\n\n&nbsp;\n<div class=\"row\">\n<div class=\"col-12 col-md-3\">\n<img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies_Eight-Types-of-Cryptocurrencies-Compared_blog_NR-5-USDCOIN_26-04-22_180x180px-copy-2.png\" alt=\"\" class=\"wp-image-46514\">\n<\/div>\n<div class=\"col-12 col-md-8\">\n<h2>USD Coin (USDC)<sup>19<\/sup><\/h2>\n<p>A type of cryptocurrency that is referred to as a stablecoin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price. <\/p>\n<p>Market worth: $52,477,290,116<\/p>\n<\/div>\n<\/div>\n\n\n\n<ul>\n<li>Eligible customers can earn rewards for every USD Coin they hold<\/li>\n<li>USD Coin is able to move globally from a client\u2019s crypto wallet to other exchanges, businesses, and people.<\/li>\n<li>Is regulated by U.S. financial institutions and commonly backed by reserved assets<sup>20<\/sup> (or <a href=\"https:\/\/www.getsmarter.com\/products\/the-economist-fintech-and-the-future-of-finance-blockchain-cryptocurrencies-govcoins-and-the-payments-revolution-online-short-course\" target=\"_blank\" rel=\"noopener\">dollar-dominated assets like Treasury securities<\/a>)<\/li>\n<li>USDC generally matches the value of the U.S. dollar, without experiencing the volatility seen in non-stable coins, such as Bitcoin and Ethereum<sup>21<\/sup><\/li>\n<\/ul>\n\n\n\n&nbsp;\n<div class=\"row\">\n<div class=\"col-12 col-md-3\">\n<img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies_Eight-Types-of-Cryptocurrencies-Compared_blog_NR-6-ripple_26-04-22_180x180px.png\" alt=\"\" class=\"wp-image-46514\">\n<\/div>\n<div class=\"col-12 col-md-8\">\n<h2>Ripple (XRP)<sup>22<\/sup><\/h2>\n<p>The native cryptocurrency of XRP Ledger, which is an open-source, public blockchain. <\/p>\n<p>Market worth: $36,052,578,516<\/p>\n<\/div>\n<\/div>\n\n\n\n<ul>\n<li>Token limit of 100 billion, with current circulation sitting around 50 billion<sup>23<\/sup><\/li>\n<li>No-counterparty assets (value determined by market dynamics)<\/li>\n<li>Decentralized exchange on the XRP Ledger<sup>24<\/sup><\/li>\n<li>Can create customizable tokens<\/li>\n<li>Escrow feature allows a user to set a conditional exchange on the XRP Ledger, until a date or condition is met \u2013 the XRP is inaccessible<\/li>\n<li>High processing capacity<\/li>\n<li>Extremely fast transaction settlement speed of five seconds<sup>25<\/sup><\/li>\n<li>Uses less energy than Bitcoin, Ether, or Visa<\/li>\n<\/ul>\n\n\n\n&nbsp;\n<div class=\"row\">\n<div class=\"col-12 col-md-3\">\n<img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies_Eight-Types-of-Cryptocurrencies-Compared_blog_NR-7-TERRA-LUNA_26-04-22_180x180px.png\" alt=\"\" class=\"wp-image-46514\">\n<\/div>\n<div class=\"col-12 col-md-8\">\n<h2>Terra (LUNA)<sup>26<\/sup><\/h2>\n<p>An open source stablecoin network controlled by its stakeholders. <\/p>\n<p>Market worth: $35,671,464,686<\/p>\n<\/div>\n<\/div>\n\n\n\n<ul>\n<li>Created by start-up Terraform Labs and its co-founders Do Kwon and Daniel Shin in 2018<\/li>\n<li>Uses fiat-pegged stablecoins to leverage the benefits of cryptocurrency at the same time as taking advantage of the day-to-day price stability of fiat currencies <\/li>\n<li>Offers incentives to LUNA holders to swap LUNA and stablecoins at profitable exchange rates at their discretion, ensuring supply always matches demand<\/li>\n<li>E-commerce platforms from 10 separate countries, with a member base of 45 million<sup>27<\/sup><\/li>\n<li>Grew over 14,700 percent in 2021<sup>28<\/sup><\/li>\n<\/ul>\n\n\n\n&nbsp;\n<div class=\"row\">\n<div class=\"col-12 col-md-3\">\n<img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies_Eight-Types-of-Cryptocurrencies-Compared_blog_NR-8-CARDANO_26-04-22_180x180px-copy.png\" alt=\"\" class=\"wp-image-46514\">\n<\/div>\n<div class=\"col-12 col-md-8\">\n<h2>Cardano (ADA)<sup>29<\/sup><\/h2>\n<p>A third-generation, decentralized proof-of-stake (PoS) blockchain platform designed to be a more efficient alternative to proof-of-work (PoW) networks.<sup>30<\/sup><\/p>\n<p>Market worth: $28,666,644,319 <\/p>\n<\/div>\n<\/div>\n\n\n\n<ul>\n<li>Named after Ada Lovelace, a 19th-century countess and English mathematician who is recognized as the first computer programmer<\/li>\n<li>Cardano founder Charles Hoskinson was on the team that founded Ethereum with inventor Vitalik Buterin<sup>31<\/sup><\/li>\n<li>More sustainable than cryptocurrencies such as Bitcoin, which makes it more environmentally friendly, faster and more secure<sup>32<\/sup><\/li>\n<li>Token maximum of 45 million ADA with a current circulation of about 31 billion<sup>33<\/sup><\/li>\n<li>Founded on peer-reviewed research and evidence-based methods<sup>34<\/sup><\/li>\n<\/ul>\n\n\n\n&nbsp;\n<div class=\"row\">\n<div class=\"col-12 col-md-3\">\n<img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies_Eight-Types-of-Cryptocurrencies-Compared_blog_NR-9-SOLANA_26-04-22_180x180px-copy.png\" alt=\"\" class=\"wp-image-46514\">\n<\/div>\n<div class=\"col-12 col-md-8\">\n<h2>Solana (SOL)<sup>35<\/sup><\/h2>\n<p>A proof-of-stake cryptocurrency with smart contract capabilities, including DeFi dApps and NFTs.<\/p>\n<p>Market worth: $28,478,693,083<\/p>\n<\/div>\n<\/div>\n\n\n\n<ul>\n<li>65,000 transactions a second with near-zero fees<\/li>\n<li>Claims that fast transaction speeds are achieved by forgoing decentralization<\/li>\n<li>The current total token supply is 504,095,110 SOL, with a circulating supply of 296,693,628 SOL<\/li>\n<li>No fixed maximum supply \u2013 instead a fixed inflation rate year-on-year is in place<sup>36<\/sup><\/li>\n<li>Grew by 12,000 percent in 2021 with a market capitalization of over $66 billion<\/li>\n<li>There are currently 260 million tokens in circulation, with a total of 489 million tokens planned for release into circulation<sup>37<\/sup><\/li>\n<\/ul>\n\n\n\n&nbsp;\n<div class=\"row\">\n<div class=\"col-12 col-md-3\">\n<img decoding=\"async\" src=\"https:\/\/www.getsmarter.com\/blog\/wp-content\/uploads\/2022\/05\/10-crypto-currencies_Eight-Types-of-Cryptocurrencies-Compared_blog_NR-10-AVA_26-04-22_180x180px-copy-2.png\" alt=\"\" class=\"wp-image-46514\">\n<\/div>\n<div class=\"col-12 col-md-8\">\n<h2>Avalanche (AVAX)<sup>38<\/sup><\/h2>\n<p>A cryptocurrency and blockchain platform that provides near-instant transaction finality.<\/p>\n<p>Market worth: $20,954,827,433<\/p>\n<\/div>\n<\/div>\n\n\n\n<ul>\n<li>Fast, scalable, and able to communicate with other blockchains<\/li>\n<li>People are assigned blocks to mine based on the number of tokens they hold<sup>39<\/sup><\/li>\n<li>270 million tokens are currently in circulation<sup>40<\/sup><\/li>\n<li>A maximum supply of 720 million tokens exist<\/li>\n<li>In September 2021, Avalanche held a token sale that raised $230 million in funds for development<sup>41<\/sup><\/li>\n<li>Operates at an internet-scale owing to its three blockchains working under one layer protocol \u2013 this increases the number of transactions exponentially<sup>42<\/sup><\/li>\n<li>AVAX holders can control the rate of new coin creation by voting to adjust the amount of AVAX that is paid as a reward for adding a new block to the Avalanche blockchain<sup>43<\/sup><\/li>\n<\/ul>\n\n\n\n<p>The advent of blockchain technologies has led to the age of digital assets and currencies. The different types of cryptocurrencies serve to alleviate the red tape and fees associated with traditional currencies, and with financial innovations becoming more common, these continue to grow in popularity. As these digital assets evolve, the potential of this disruptive technology seems to be limitless. It\u2019s clear that whether traditional monetary systems survive the threat of disruption or not, crypto assets are becoming global fixtures.<\/p>\n\n\n\n<p>If you would like to gain an in-depth understanding of crypto assets and harness the potential they offer, explore the selection of fintech and blockchain courses online.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/www.getsmarter.com\/subject-matter\/fintech-and-blockchain\" style=\"background-color:#e51470\" target=\"_blank\" rel=\"noreferrer noopener\">Browse courses<\/a><\/div>\n<\/div>\n\n\n\n&nbsp;\n<div id=\"accordion\">\n<div class=\"card\">\n<div id=\"headingOne\" class=\"card-header\">\n<h6 class=\"mb-0\"><button class=\"btn\" style=\"background-color: transparent;\" data-toggle=\"collapse\" data-target=\"#sources\" aria-expanded=\"true\" aria-controls=\"sources\"> <strong>Click here to view sources<\/strong> <\/button><\/h6>\n<\/div>\n<div id=\"sources\" class=\"collapse\" aria-labelledby=\"headingOne\" data-parent=\"#accordion\">\n<div class=\"card-body\">\n<ul class=\"mx-0\" style=\"list-style: none;\">\n\n<li class=\"mb-4\"><sup>1<\/sup> Chohan, U. (Jan, 2022). \u2018Cryptocurrencies: A Brief Thematic Review\u2019. Retrieved from <a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3024330\" target=\"_blank\" rel=\"noopener\"> SSRN<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>2<\/sup> Goswami, A., et al. (Jul, 2021). \u2018Cryptocurrency Market Outlook \u2013 2030\u2019. Retrieved from <a href=\"https:\/\/www.alliedmarketresearch.com\/crypto-currency-market#:~:text=The%20global%20cryptocurrency%20market%20size,is%20known%20as%20virtual%20currency.\" target=\"_blank\" rel=\"noopener\"> Allied Market Research<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>3<\/sup> Goswami, A., et al. (Jul, 2021). \u2018Cryptocurrency Market Outlook \u2013 2030\u2019. Retrieved from <a href=\"https:\/\/www.alliedmarketresearch.com\/crypto-currency-market#:~:text=The%20global%20cryptocurrency%20market%20size,is%20known%20as%20virtual%20currency.\" target=\"_blank\" rel=\"noopener\"> Allied Market Research<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>4<\/sup> Reiff, N. (Feb, 2022). \u2018Bitcoin vs. Ethereum: What\u2019s the difference?\u2019 Retrieved from <a href=\"https:\/\/www.investopedia.com\/articles\/investing\/031416\/bitcoin-vs-ethereum-driven-different-purposes.asp\" target=\"_blank\" rel=\"noopener\"> Investopedia<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>5<\/sup> (Mar, 2022). \u2018What is the maximum size of a bitcoin block?\u2019 Retrieved from <a href=\"https:\/\/supplychaingamechanger.com\/what-is-the-maximum-size-of-a-bitcoin-block\/\" target=\"_blank\" rel=\"noopener\"> Supply Chain Game Changer<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>6<\/sup> Prathap, M. (Dec, 2021). \u2018Nearly 90% of all Bitcoin has already been mined \u2013 here&#8217;s how its limited supply has driven up its value\u2019. Retrieved from <a href=\"https:\/\/www.businessinsider.in\/investment\/news\/bitcoin-limited-supply-has-driven-up-its-value-nearly-90-percent-has-be\/articleshow\/85349471.cms\" target=\"_blank\" rel=\"noopener\"> Business Insider<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>7<\/sup> (Oct, 2021). \u2018Opinion: Cryptocurrency exchanges and counterparty risk\u2019. Retrieved from <a href=\"https:\/\/www.funds-europe.com\/news\/opinion-cryptocurrency-exchanges-and-counterparty-risk\" target=\"_blank\" rel=\"noopener\"> Funds Europe<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>8<\/sup> Reiff, N. (Feb, 2022). \u2018SegWit2x.\u2019 Retrieved from <a href=\"https:\/\/www.investopedia.com\/tech\/what-segwit2x\/\" target=\"_blank\" rel=\"noopener\"> Investopedia<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>9<\/sup> Reiff, N. (Feb, 2022). \u2018Bitcoin vs. Ethereum: What\u2019s the difference?\u2019 Retrieved from <a href=\"https:\/\/www.investopedia.com\/articles\/investing\/031416\/bitcoin-vs-ethereum-driven-different-purposes.asp\" target=\"_blank\" rel=\"noopener\"> Investopedia<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>10<\/sup> Sephton, C. (Feb, 2022). \u2018How many ethereum (ETH) are there?\u2019 Retrieved from <a href=\"https:\/\/currency.com\/how-many-ethereum-are-there\" target=\"_blank\" rel=\"noopener\"> Currencycom<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>11<\/sup> Sigalos, M. (Feb, 2022). \u2018More than $320 million stolen in latest apparent crypto hack\u2019. Retrieved from <a href=\"https:\/\/www.cnbc.com\/2022\/02\/02\/320-million-stolen-from-wormhole-bridge-linking-solana-and-ethereum.html\" target=\"_blank\" rel=\"noopener\"> CNBC<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>12<\/sup> Zhang, B. (Jan, 2022). \u2018What is Tether and is it a good investment?\u2019 Retrieved from <a href=\"https:\/\/www.gobankingrates.com\/investing\/crypto\/what-is-tether\/\" target=\"_blank\" rel=\"noopener\"> Go Banking Rates<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>13<\/sup> Singh, A. (Oct, 2021). \u2018Can cryptocurrency be converted into cash? Read on to find out\u2019. Retrieved from <a href=\"https:\/\/www.ndtv.com\/business\/can-cryptocurrency-be-converted-into-cash-read-on-to-find-out-2594499\" target=\"_blank\" rel=\"noopener\"> NDTV Profit<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>14<\/sup> Lopatto, E. (Aug, 2021). \u2018The Tether controversy, explained\u2019. Retrieved from <a href=\"https:\/\/www.theverge.com\/22620464\/tether-backing-cryptocurrency-stablecoin\" target=\"_blank\" rel=\"noopener\"> The Verge<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>15<\/sup> Lopatto, E. (Aug, 2021). \u2018The Tether controversy, explained\u2019. Retrieved from <a href=\"https:\/\/www.theverge.com\/22620464\/tether-backing-cryptocurrency-stablecoin\" target=\"_blank\" rel=\"noopener\"> The Verge<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>16<\/sup> Frakenfield, J. (Aug, 2021). \u2018Binance Coin (BNB)\u2019. Retrieved from <a href=\"https:\/\/www.investopedia.com\/terms\/b\/binance-coin-bnb.asp\" target=\"_blank\" rel=\"noopener\"> Investopedia<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>17<\/sup> (Mar, 2022). \u2018Binance coin &#8211; BNB\u2019. Retrieved from <a href=\"https:\/\/cleartax.in\/g\/terms\/binance-coin-bnb\" target=\"_blank\" rel=\"noopener\"> Cleartax<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>18<\/sup> Godbole, O. (Jan, 2022). \u2018Binance destroys 1.6M BNB tokens in first-ever auto burn\u2019. Retrieved from <a href=\"https:\/\/www.coindesk.com\/markets\/2022\/01\/18\/binance-destroys-16m-bnb-tokens-in-first-ever-auto-burn\/\" target=\"_blank\" rel=\"noopener\"> CoinDesk<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>19<\/sup> (Nd). \u2018A cryptocurrency with a stable price.\u2019 Retrieved from <a href=\"https:\/\/www.coinbase.com\/usdc\" target=\"_blank\" rel=\"noopener\"> Coinbase<\/a>. Accessed March 7, 2022.<\/li>\n\n<li class=\"mb-4\"><sup>20<\/sup> Picardo, E. (Feb, 2022). \u2018USD Coin\u2019. Retrieved from <a href=\"https:\/\/www.investopedia.com\/usd-coin-5210435\" target=\"_blank\" rel=\"noopener\"> Investopedia<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>21<\/sup> (Mar, 2022). \u2018USD Coin\u2019. Retrieved from <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/cryptocurrency\/usd-coin-price\/cryptodetail\/symbol-usdc.cms\" target=\"_blank\" rel=\"noopener\"> The Economic Times<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>22<\/sup> (Mar, 2022). \u2018XRP\u2019. Retrieved from <a href=\"https:\/\/www.coindesk.com\/price\/xrp\/\" target=\"_blank\" rel=\"noopener\"> CoinDesk<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>23<\/sup> Reiff, N. (Jul, 2021). \u2018Bitcoin vs. Ripple: What\u2019s the difference?\u2019 Retrieved from <a href=\"https:\/\/www.investopedia.com\/tech\/whats-difference-between-bitcoin-and-ripple\/\" target=\"_blank\" rel=\"noopener\"> Investopedia<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>24<\/sup> (Nd). \u2018XRPL today and the vision for tomorrow\u2019. Retrieved from <a href=\"https:\/\/xrpl.org\/xrp-ledger-overview.html\" target=\"_blank\" rel=\"noopener\"> XRP Ledger<\/a>. Accessed March 7, 2022.<\/li>\n\n<li class=\"mb-4\"><sup>25<\/sup> Daly, L. (Feb, 2022). \u2018What is Ripple?\u2019 Retrieved from <a href=\"https:\/\/www.fool.com\/investing\/stock-market\/market-sectors\/financials\/cryptocurrency-stocks\/ripple\/#:~:text=Bitcoin%20has%20a%20maximum%20supply,supply%20of%20100%20billion%20tokens.\" target=\"_blank\" rel=\"noopener\"> The Motley Fool<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>26<\/sup> Locke, T. (Dec, 2021) \u2018Terra is \u201chot among the cool kids right now\u201d as its token Luna hit an all-time high. Here\u2019s what investors should know\u2019. Retrieved from <a href=\"https:\/\/www.cnbc.com\/2021\/12\/27\/what-investors-should-know-about-terra-and-its-token-luna.html\" target=\"_blank\" rel=\"noopener\"> CNBC Make It<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>27<\/sup> Farooqui, J. (Nov, 2021). \u2018Terra (Luna): Everything you need to know about the alt-coin\u2019. Retrieved from <a href=\"https:\/\/www.proactiveinvestors.co.uk\/companies\/news\/965446\/terra-luna-everything-you-need-to-know-about-the-alt-coin-965446.html\" target=\"_blank\" rel=\"noopener\"> Proactive<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>28<\/sup> (Feb, 2022). \u2018Why LUNA beat Bitcoin and could be the next big thing\u2019. Retrieved from <a href=\"https:\/\/businesstech.co.za\/news\/industry-news\/561122\/why-luna-beat-bitcoin-and-could-be-the-next-big-thing\/\" target=\"_blank\" rel=\"noopener\"> Business Tech<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>29<\/sup> (Nov, 2020). \u2018Cardano (ADA) facts\u2019. Retrieved from <a href=\"https:\/\/btcturk.medium.com\/cardano-ada-facts-f800cbdeac55#:~:text=Cardano%20is%20an%20open%20source,in%202015%2C%20launched%20in%202017%E2%80%A6\" target=\"_blank\" rel=\"noopener\"> BTC Turk<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>30<\/sup> Conway, L. (Aug, 2021). \u2018Cardano (ADA). Retrieved from <a href=\"https:\/\/www.investopedia.com\/cardano-definition-4683961\" target=\"_blank\" rel=\"noopener\"> Investopedia<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>31<\/sup> Daly, L. (Jan, 2022). \u20187 Things to know before you buy Cardano (ADA)\u2019. Retrieved from <a href=\"https:\/\/www.fool.com\/the-ascent\/cryptocurrency\/articles\/7-things-to-know-before-you-buy-cardano-ada\/\" target=\"_blank\" rel=\"noopener\"> The Ascent<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>32<\/sup> (Nd). \u2018The 28 most sustainable cryptocurrencies for 2022\u2019. Retrieved from <a href=\"https:\/\/www.leafscore.com\/blog\/the-9-most-sustainable-cryptocurrencies-for-2021\/#:~:text=Cardano%20is%20inherently%20more%20energy,tokens%20to%20join%20the%20network.\" target=\"_blank\" rel=\"noopener\"> LeafScore<\/a>. Accessed March 11, 2022.<\/li>\n\n<li class=\"mb-4\"><sup>33<\/sup> Tripathi, Y. (Apr, 2021). \u2018How many Cardano coins are there in the world? Know details here\u2019. Retrieved from <a href=\"https:\/\/www.republicworld.com\/technology-news\/other-tech-news\/how-many-cardano-coins-are-there-in-the-world-know-details-here.html\" target=\"_blank\" rel=\"noopener\"> Republic World<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>34<\/sup> (Mar, 2022). \u2018How high can Cardano (ADA) go?\u2019 Retrieved from <a href=\"https:\/\/www.benzinga.com\/money\/how-high-can-cardano-go\/\" target=\"_blank\" rel=\"noopener\"> Benzinga<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>35<\/sup> Conway, L. (Feb, 2022). \u2018What is Solana?\u2019 Retrieved from <a href=\"https:\/\/blockworks.co\/what-is-solana-everything-you-need-to-know-about-the-ethereum-rival\/#:~:text=Quick%20facts%3A,second%20with%20near%20zero%20fees.\" target=\"_blank\" rel=\"noopener\"> Blockworks<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>36<\/sup> Barsby, O. (Sep, 2021). \u2018Solana max supply: does Solana have a hard cap?\u2019 Retrieved from <a href=\"https:\/\/www.gfinityesports.com\/cryptocurrency\/solana-max-supply-sol-hard-cap-total-supply-inflation-tokenomics\/\" target=\"_blank\" rel=\"noopener\"> Planet Crypto<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>37<\/sup> Picardo, E. (Dec, 2021). \u2018Solana (SOL)\u2019. Retrieved from <a href=\"https:\/\/www.investopedia.com\/solana-5210472\" target=\"_blank\" rel=\"noopener\"> Investopedia<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>38<\/sup> Reiff, N. (Feb, 2022). \u2018Avalanche (AVAX)\u2019. Retrieved from <a href=\"https:\/\/www.investopedia.com\/avalanche-avax-definition-5217374#:~:text=Avalanche%20is%20a%20blockchain%20platform,transaction%20fees%20across%20the%20network\" target=\"_blank\" rel=\"noopener\"> Investopedia<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>39<\/sup> (Mar, 2022). \u2018Avalanche (AVAX)\u2019. Retrieved from <a href=\"https:\/\/www.forbes.com\/digital-assets\/assets\/avalanche-avax\/?sh=3683af6d4b51\" target=\"_blank\" rel=\"noopener\"> Forbes<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>40<\/sup> (Nd). \u2018Avalanche (AVAX)\u2019. Retrieved from <a href=\"https:\/\/www.coingecko.com\/en\/coins\/avalanche#:~:text=Avalanche%20Price%20Chart%20(AVAX)&amp;text=It%20has%20a%20circulating%20supply,total%20supply%20of%20378%20Million.\" target=\"_blank\" rel=\"noopener\"> CoinGecko<\/a>. Accessed March 7, 2022.<\/li>\n\n<li class=\"mb-4\"><sup>41<\/sup> Ahmadi, A. (Feb, 2022). \u2018The investor\u2019s guide to Avalanche (AVAX)\u2019. Retrieved from <a href=\"https:\/\/blockworks.co\/the-investors-guide-to-avalanche-avax\/\" target=\"_blank\" rel=\"noopener\"> Blockworks<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>42<\/sup> Fogle, D. (Jan, 2022). \u2018Avalanche (AVAX) crypto: What it is, what it\u2019s worth and should you be investing?\u2019 Retrieved from <a href=\"https:\/\/www.gobankingrates.com\/investing\/crypto\/what-is-avax\/\" target=\"_blank\" rel=\"noopener\"> Go Banking Rates<\/a>. <\/li>\n\n<li class=\"mb-4\"><sup>43<\/sup> Reiff, N. (Feb, 2022). \u2018Avalanche (AVAX)\u2019. Retrieved from <a href=\"https:\/\/www.investopedia.com\/avalanche-avax-definition-5217374#:~:text=Avalanche%20is%20a%20blockchain%20platform,transaction%20fees%20across%20the%20network.\" target=\"_blank\" rel=\"noopener\"> Investopedia<\/a>. <\/li>\n\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The rise of crypto assets has given people more options when it comes to storing value. Simply defined, these are assets that exist purely in a digital state with their value coming from supply and demand rather than external market forces.1 Think critically about any crypto project&#8217;s assets and assess its viability by registering for [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":46512,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[117],"tags":[128,120],"article-format":[],"class_list":["post-23793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-trends","tag-finance","tag-systems-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cryptocurrency Types Comparison: Bitcoin, Ethereum, and More | GetSmarter Blog<\/title>\n<meta name=\"description\" content=\"Gain an understanding of cryptocurrency types with our comparison ordered by market capitalization value. 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