- Bitcoin enables direct value transfer between parties without intermediaries, maintaining dominance as the original decentralized Cryptocurrencies.
- Ethereum supports a diverse Web3 ecosystem through programmable smart contracts and native token issuance across decentralized applications.
- XRP Ledger and BNB optimize blockchain scalability and usability through low fees, fast transactions, and wide application across global platforms.
Bitcoin, Ethereum, XRP and BNB are all among the most established digital assets in the market. They also come with different features, scalability solutions, and blockchain infrastructures that cater to many Web3 use case needs. With the ongoing network development and increasingly engaged users, these platforms keep on growing and evolving.
Bitcoin (BTC) A Peer-to-Peer System
Current price:$84,094.66
Market cap;$1.66T
Bitcoin serves as a digital decentralized currency for peer to peer transaction without the participation of financial intermediaries. The world of Cryptocurrencies is dominated by Bitcoin, which is the first and most recognized cryptocurrency, used by consumer and institutional participants.
Ethereum (ETH): Supporting Smart Contracts and DApps
Current price:$1,603.15
Market cap;$193.52B
Ethereum is a decentralized application and smart contract, all open source on a blockchain. The project was public and it raised funding through a public sale in 2014. Along with Ether (ETH), it also introduced Ether, its native token. Its smart contracts support a large ecosystem of tokens, DeFi projects, and Web3 services because of their flexibility in terms of the design constraints they impose.
XRP Ledger(XRPL): Optimized for Speed and Cost
Current price:$2.12
Market cap;$123.96B
XRP Ledger is a decentralized and energy efficient network of blockchain. It was designed to process transactions at a low cost and at a high speed; 1,500 transactions per second and settlements in 3 to 5 seconds. Furthermore, the network provides built in tokenization and decentralized exchange mechanism..
BNB(BNB): Utility Within the Binance Ecosystem
Current price:$583.27
Market cap;$83.09B
BNB is used as the native token of multiple Binance ecosystem platforms, such as Binance Chain and Binance Smart Chain. Within and beyond trading platforms, blockchain networks, and resource library, BNB endeavors to perform transactional and operational tasks. However, Binance is still one of the biggest highs of volume globally.
