While bitcoin is the market leader in crypto space there are also so many other projects that solves the issues found in bitcoin. These new projects surpass Bitcoin’s technical capabilities and provide investors with some truly unique functionalities in the market. 

The top 10 coins listed here are based on my assumptions and views it may change in your perception.

Ethereum

while bitcoin is called the email of cryptos Ethereum is called the internet of cryptos. Ethereum is the first cryptocurrency to take the crypto world as a whole to a whole new level. Ethereum was one of the earliest altcoins to enter the market. Since its inception, Ethereum has been a driving force for innovation in the market. This second-generation blockchain introduced the world to smart contracts. Today, it would be hard to imagine the market without this titan. 

Notably, Ethereum has a scheduled update planned for the end of the year. This update will replace the blockchains Proof-of-work consensus mechanism with a new Proof-of-Stake protocol. The update will reduce Ethereum's carbon footprint significantly. Additionally, It will allow users to start staking their ETH to earn a passive income

Tether(USDT)

USDT was the first successful stablecoin to see major adoption. Traders depend on this stable coin to avoid market volatility. You can watch the market cap of Tether rise during these times as investors seek shelter.

Tether is available on nearly every reputable exchange. Additionally, it’s consistently in the top cryptocurrencies globally in terms of market capitalization. Tether gained popularity because of its speed and low fees. 

Bitcoin cash

Bitcoin cash was not first envisioned to be a separate coin at first it was first formed to solve the scalability issue found on bitcoin. Later then, it was formed as a seperate project and renamed as bitcoin cash. Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Recently yesterday bitcoin cash undergone its highly anticipated hard fork update.

Litecoin

Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee, a Google employee and former Engineering Director at Coinbase. The Litecoin network went live on October 13, 2011. It was a source code fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.

Litecoin has less fees compared to other coins. Its transaction speed is quicker. Its adoption to new technology is quicker.

Chainlink

Chainlink is a project that has the potential to boost the entire market. Chainlink seeks to correct the biggest flaw found in oracles. Oracles are off-chain sensors that can communicate data to and from a blockchain. For example, an oracle could monitor your car payments. When you pay your vehicle off, the contract automatically sends you your title without the need for human intervention.

The possibilities are endless with oracles. However, they are centralized systems, until now. Chainlink introduces the world’s first oracle blockchain. The system monitors the network of oracles to ensure all data entry is correct. Through Chainlink, blockchain technology gains a huge advantage.

Binance coin

Binance, the world's largest exchange by volume, changed the market forever when it introduced the BNB token.  BNB provided users with more flexibility, functionality, and lower fees. Wisely, Binance incorporated a variety of BNB trading pairs to bolster BNB's value. The move was successful.

Today, it’s commonplace for exchanges to host a native utility token. Even with the competition, BNB remains the most successful exchange token in the market. Additionally, Binance continues to expand its operations. Each new functionality adds more to BNB's utility. In turn, the token continues to gain value.

Polkadot

While Ethereum is called the internet of cryptos polkadot is called the web 3.0.Polkadot is a revolutionary blockchain infrastructure designed to enable the next generation of the web where users control their own data and identity. It also allows interaction with non-blockchain systems and established blockchains such as Bitcoin and Ethereum. 

With a transaction speed of up to one thousand transactions per second, Polkadot solves the major problems that hampered blockchain adoption to date and enables blockchain applications from decentralized finance (DeFi) and energy to the Internet of things (IoT) and gaming. 

Cardano

Cardano claims to be the first blockchain platform “to be founded on peer-reviewed research and developed through evidence-based methods.” During my research for this article, I have found Cardano to be much more than simply another cryptocurrency. Rather, it has the goal of becoming a comprehensive blockchain protocol built with the best research in mind.

Cardano’s proof of stake mechanism is distinct from other proof of stake mechanisms in that the developers have scoured the best available academic literature to develop Cardano’s proprietary Ouroboros protocol. This consensus mechanism offers several security and scalability benefits over existing methods.

As of 2019, Cardano’s base Transactions Per Second (TPS) was quoted as 250. Even comparing base TPS to base TPS, Cardano can handle more than 16 times the transactions per second of ETH, but that’s not all. 

Tron

TRON (TRX) is a blockchain-based decentralized protocol project that was created as a content distribution platform to improve the digital entertainment industry and decentralize the whole web. Currently, it is one of the largest blockchain systems in the world.

This blockchain foundation was created by Justin Sun, its open source protocol was launched in December 2017, and the MainNet came to life in May 2018. Currently, the company has two headquarters, in Beijing and San Francisco, and plans to establish more around the world.

The main aim of the protocol is the creation of a free entertainment content ecosystem that allows publishing, storing, and owning content, as well as communicating directly.

Ripple

Ripple is one of the top ten cryptocurrencies in the world. This platform entered the market intending to service the banking sector. At that time, this strategy was unique. Ripple managed to secure huge strategic partnerships in a very short time. Specifically, Ripple has agreements in place with Santander, Money Gram, and VISA, to name a few. 

Ripple continues to see adoption by institutional firms due to its fast transaction speeds and its proven track record. XRP eliminates middlemen for cross-border transactions and provides a more cost-effective and secure alternative to the status quo. The firm’s focus on cost-cutting means that there will always be a firm interested in its services.

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