There are thousands of different cryptocurrencies in the blockchain ecosystem, which can make it exhausting when getting started in the world of crypto. To help investors with preliminary knowledge, based on current trends, market capitalization, and growth potential, here are five cryptocurrencies listed on the Binance platform that could be worth considering for investment in April 2025:
1. Bitcoin (BTC)
Market cap: $1.6 trillion
Year-over-year return: 14%
Bitcoin is the largest cryptocurrency created in 2009 by Satoshi Nakamoto. Bitcoin has a proven and commendable performance record and is regarded as a store of value. Bitcoin's limited quantity and increasing popularity may drive up its value in the long run. Binance is one of the major Bitcoin trading platforms, with plenty of liquidity and chances for traders. Bitcoin’s price has skyrocketed. In May 2016, you could buy one Bitcoin for about $500. As of recently, a single Bitcoin's price is around $84,800.
2. Binance Coin (BNB)
Market cap: $79.0 billion
Year-over-year return: -5%
Binance Coin (BNB) is the native cryptocurrency of the Binance platform and has always been used to trade and pay fees on Binance. Now, it can be used for trading, payment processing or even booking travel arrangements. It can also be traded or exchanged for other forms of cryptocurrency, such as Ethereum or Bitcoin, among others. BNB's price in 2017 was just $0.10. By late April 2025, its price had risen to around $580.0.
3. Ethereum (ETH)
Market cap: $187.3 billion
Year-over-year return: -55%
Ethereum is both a cryptocurrency and a blockchain platform. Ethereum is a favorite among program developers due to its potential applications, including smart contracts that automatically execute when specific conditions are met and non-fungible tokens (NFTs). It has a large ecosystem of decentralized applications (dApps), which is projected to expand as the decentralized finance (DeFi) sector grows. Ethereum's future updates, such as Ethereum 2.0, may further increase its worth. Binance offers Ethereum trading, allowing investors to purchase and sell ETH. There has been significant Ethereum price growth since April 2016, with the price increasing from approximately $11 to around $ 1,600.
4. Solana (SOL)
Market cap: $55.1 billion
Year-over-year return: -41%
SOL, Solana's native currency designed to support decentralised financial (DeFi) applications, decentralised apps (DApps), and smart contracts, uses a hybrid proof-of-stake and proof-of-history approach to conduct transactions faster and securely. Solana's great performance and minimal transaction costs make it an appealing option for those seeking Ethereum alternatives. Binance encourages SOL trading by offering liquidity and possibilities to investors. When it launched in 2020, SOL's price started at $0.77. By late April 2025, its price was around $131.0.
5. XRP (XRP)
Market cap: $110.5 billion
Year-over-year return: 219%
XRP was developed by some of the same founders as Ripple, a digital technology and payment processing company, in contrast to other general-purpose tokens. Exchanges of various currencies, including fiat, can be facilitated on that network using XRP and finished in a few seconds. At the beginning of 2017, XRP's price was $0.006. As of April 2025, its price reached $2.00.
Investment consideration(s)
It is advisable that before investing in cryptocurrency, you do your research and consider key factors like market trends to make informed decisions, regulatory changes as most of them can be unclear or change rapidly thereby impacting the value of coins, volatility of cryptocurrency prices making it challenging to predict their value, security measures against hacking and potential threats, and portfolio diversification to minimize risk.
Conclusion
Investing in cryptocurrencies has the potential to be both risky and profitable. Even if there is a lot of room for growth, it is substantial to do your research. Taking into account the previously mentioned consideration points and keeping updated on market trends will help you make wise investment choices and possibly profit from the expansion of the cryptocurrency market.
