Bitcoin has the longest history of any cryptocurrency. With a far greater price and market size than any other crypto investment choice, it's clear to see why it's the leader.
Ethereum lets developers build currencies and implement smart contracts. Ethereum is far behind bitcoin in value but ahead of its competitors.
Binance coin, now known as BNB, has shown to be one of the most stable investment options - at least in the short term.
Cardano's network has a smaller footprint, which appeals to investors for a variety of reasons. Cardano requires less energy to conduct a transaction than a larger network such as Bitcoin.
Polygon was designed by a development team that contributed significantly to the Ethereum blockchain technology. Polygon was created to help with Ethereum scaling and infrastructure development.
CoinMarketCap reported that the Terra Classic blockchain powered worldwide payment networks using stablecoins, which are pegged to fiat currencies including the U.S. dollar, South Korean won, and IMF Special Drawing Rights.
The three Avalanche blockchains can validate transactions separately. This makes Avalanche scalable and capable of handling high transaction volumes – up to 6,500 per second.
Chainlink employs a decentralized oracle network to safeguard blockchain interactions with external data feeds, events, and payment methods, hoping to make smart contracts the main digital payment mechanism, according to CoinMarketCap.