Ethereum (ETH).
Next among the best cryptocurrencies to buy is Ethereum, arguably the only digital asset outside of bitcoin worthy of being called a blue chip cryptocurrency. Bitcoin accounts for more than 43% of the market value of the entire asset class, while Ethereum accounts for more than 19%. No other coin has even 4% of the market.
ETH ate BTC’s market share in 2021, starting the year at 10.8%. An important reason for Ethereum’s growing popularity – and a key way to differentiate it from BTC – is its functionality as a platform for decentralized finance, or DeFi. Developers love creating decentralized applications, or DApps, on Ethereum, which is actually the most used blockchain in the world and the network for promising technologies such as non-functional tokens, or NFT. Ethereum hit an all-time high on Oct. 29.
