Promising cryptocurrencies to buy today

With the Bitcoin halving just around the corner, the cryptocurrency market is in full swing. Almost all high market cap coins and tokens are currently operating in the green and can maintain this trend in the near future. And as the market heats up, market capitalization becomes increasingly important. This metric reveals a clearer view of the top cryptocurrencies, serving as a crucial measure of their value and investor confidence.

In this article, we will look at promising cryptocurrencies to buy today.

What are the best cryptocurrencies to buy today?

Bitcoin (BTC)

With a market capitalization exceeding $1.3 trillion, Bitcoin maintains its dominant position as the leading cryptocurrency. After a prolonged period of decline, it resumed its upward trajectory, reaching a new all-time high of $73,750 in April 2024. The BTC/USD pair has increased by almost 155% for the year and more than 1,700% in the last five years. This highlights Bitcoin’s continued growth potential, which has earned it the nickname “digital gold.”

Most popular exchanges to buy BTC

Coinbase

Buy at Coinbase

Availability
+ 100 countries

Cryptocurrencies
240+

Fees
from 0.6%

OKX

Buy at OKX

Availability
+ 100 countries

Cryptocurrencies
+ than 300

Fees
from 0.1%

Bonus
$100

Kraken

Buy from Kraken

Availability
+ 100 countries

Cryptocurrencies
200+

Fees
from 0.26%

Ethereum (ETH)

Second only to Bitcoin in terms of market value, Ethereum is a high-performance cryptocurrency that has proven to be a reliable investment option. With a market capitalization of around US$425 billion, ETH has been growing almost 100% per year. The ETH/USD pair alone, for example, has risen almost 2,500% in the last five years. The growing popularity of Ethereum products like ENS, high-yield staking platforms, network enhancement proposals (EIPs), and NFT-focused token standards (ERCs) are powerful signs of Ethereum’s rising potential as one of the best cryptocurrencies for buy today.

Most popular exchanges to buy ETH

Coinbase

Buy at Coinbase

Availability
+ 100 countries

Cryptocurrencies
240+

Fees
from 0.6%

OKX

Buy at OKX

Availability
+ 100 countries

Cryptocurrencies
+ than 300

Fees
from 0.1%

Bybit

Buy at Bybit

Availability
+ 100 countries

Cryptocurrencies
200+

Fees
from 0.075%

BNB (BNB)

BNB is the main cryptocurrency on the Binance blockchain. Since its launch in 2017, it has consistently stood out among the top cryptocurrencies. It mainly serves two purposes:

• BNB holders receive fee discounts and access to extra features on the Binance trading platform.
• Functions as the native currency for transaction fees on the BNB Network (DApps).

Furthermore, BNB is a more affordable and agile alternative to Ethereum for developing and using DApps.

With a market value of over US$90 billion and growth of 92.65% per year, BNB proves to be a profitable choice. If someone had bought and held BNB over the last five years, they would have accumulated a net profit of over 3,600%.

Most popular exchanges to buy BNB

Coinbase

Buy at Coinbase

Availability
+ 100 countries

Cryptocurrencies
240+

Fees
from 0.6%

OKX

Buy at OKX

Availability
+ 100 countries

Cryptocurrencies
+ than 300

Fees
from 0.1%

Bybit

Buy at Bybit

Availability
+ 100 countries

Cryptocurrencies
200+

Fees
from 0.075%

XRP (XRP)

XRP has been on the cryptocurrency scene since 2012 and is still a favorite of many investors. With an ever-growing list of applications and strategic partnerships, XRP continues to gain space in the investment strategies of the most experienced.

Currently, XRP is the sixth cryptocurrency with the highest market value, exceeding US$35 billion. Its price has seen a slight increase of around 10% compared to last year, but in the last five years, the growth has been almost 200%.

Most popular exchanges to buy XRP

Coinbase

Buy at Coinbase

Availability
+ 100 countries

Cryptocurrencies
240+

Fees
from 0.6%

OKX

Buy at OKX

Availability
+ 100 countries

Cryptocurrencies
+ than 300

Fees
from 0.1%

Bybit

Buy at Bybit

Availability
+ 100 countries

Cryptocurrencies
200+

Fees
from 0.075%

Dogecoin (DOGE)

Dogecoin emerged from a meme as a joke, but ended up gaining ground as a cryptocurrency for more serious investors. It currently occupies eighth place in the ranking of the main cryptocurrencies by market value, exceeding US$30 billion. Unlike assets like Bitcoin, DOGE does not have a maximum limit on its supply. In fact, DOGE has experienced remarkable growth, increasing by 184% per year.

However, if we go back a little further, it is impressive to note that the price of DOGE has increased by an incredible 102,909.89% since its launch in 2015.

Most popular exchanges to buy DOGE

Coinbase

Buy at Coinbase

Availability
+ 100 countries

Cryptocurrencies
240+

Fees
from 0.6%

OKX

Buy at OKX

Availability
+ 100 countries

Cryptocurrencies
+ than 300

Fees
from 0.1%

Bybit

Buy at Bybit

Availability
+ 100 countries

Cryptocurrencies
200+

Fees
from 0.075%

Solana (SOL)

Solana stands out as a smart contracts platform with an innovative architecture that breaks transaction speed barriers. It claims to have the ability to process thousands per second while keeping costs to a minimum.

The price of SOL reflects the increase in activity on the network. It has risen nearly 800% over the past year and 22247.77% since its launch in May 2020.

With over $80 million in market value, this leading altcoin ranks fifth on the list of the best cryptocurrencies to buy today.

Most popular exchanges to buy SOL

Coinbase

Buy at Coinbase

Availability
+ 100 countries

Cryptocurrencies
240+

Fees
from 0.6%

OKX

Buy at OKX

Availability
+ 100 countries

Cryptocurrencies
+ than 300

Fees
from 0.1%

Bybit

Buy at Bybit

Availability
+ 100 countries

Cryptocurrencies
200+

Fees
from 0.075%

Cardano (ADA)

Cardano, with a robust market capitalization of $24 billion, focuses on sustainability, as well as impressive scalability and smart contract capabilities. ADA, Cardano’s native cryptocurrency, faced the prolonged market decline last year and has so far guaranteed a decent ROI, with growth of almost 70% per year. In a five-year perspective, it increased by almost 980%.

Most popular exchanges to buy SOL

Coinbase

Buy at Coinbase

Availability
+ 100 countries

Cryptocurrencies
240+

Fees
from 0.6%

OKX

Buy at OKX

Availability
+ 100 countries

Cryptocurrencies
+ than 300

Fees
from 0.1%

Bybit

Buy at Bybit

Availability
+ 100 countries

Cryptocurrencies
200+

Fees
from 0.075%

Avalanche (AVAX)

After going through a lean period for several months, AVAX finally started to gain momentum heading into Q4 2023 and hasn’t stopped since. It is currently ranked 10th on the list of top cryptocurrencies by market value, exceeding US$20 billion. AVAX has seen an impressive 211% price increase over the past year and an astonishing 1,065% climb since its launch in 2020.

This positive trend is expected to continue in the near future as transactions and web3 activity led by smart contracts are consistently on the rise. These factors combine to make AVAX one of the best cryptocurrencies to buy today.

Most popular exchanges to buy SOL

Coinbase

Buy at Coinbase

Availability
+ 100 countries

Cryptocurrencies
240+

Fees
from 0.6%

OKX

Buy at OKX

Availability
+ 100 countries

Cryptocurrencies
+ than 300

Fees
from 0.1%

Bybit

Buy at Bybit

Availability
+ 100 countries

Cryptocurrencies
200+

Fees
from 0.075%

How we chose the best cryptocurrencies to buy today

With a plethora of cryptocurrencies available, our aim was to primarily highlight well-established assets with a proven track record, rather than focusing on speculative “get-rich-quick” ventures.

We carefully considered several key factors when compiling this list of promising cryptocurrencies to buy today. Here is a summary of the main aspects we took into consideration when compiling this list:

• Accessibility: We prioritize cryptocurrencies that are readily available on various exchanges, both centralized and decentralized. The ability to trade directly with fiat currency is also an advantage, ensuring a hassle-free buying and selling experience.
• Market validation: Every cryptocurrency highlighted in this list is in the top 20 by market capitalization. While not the only indicator of quality, a large market capitalization reflects significant community interest. These consolidated currencies are also less susceptible to manipulation, as it requires considerable capital to move the market.
• Industry leaders: We mainly highlight projects that are pioneers in their respective areas and represent the rich diversity within the blockchain universe. This includes categories such as proof-of-work versus proof-of-stake consensus mechanisms, decentralized finance (DeFi), non-fungible tokens (NFTs), layer 2 scaling solutions, and even memecoins.
• Development: Transparency around the development team and their credentials is a distinguishing feature of any reputable cryptocurrency project. Active development is another important metric. Projects that consistently innovate and adapt are more likely to catch our attention. While anonymity is not necessarily an absolute knockout factor – Satoshi Nakamoto, the creator of Bitcoin, remains anonymous – it can sometimes raise a red flag.