3 cryptocurrencies that promise
1. Cardano (ADA)
Current price: $0.675
Total project value: $23.85 billion
Change in 24 hours: Increased by 2.4%
Cardano is like a kind of “internet of money” that uses a technology called blockchain, a secure way to record information without needing banks. Its currency, called ADA, is what is used to make transactions or pay for services within this network. Cardano is known for being very careful in how it builds its technology, ensuring that everything is super secure and useful for real things, like helping businesses or governments. They are working on something called Hydra, which will make transactions faster and cheaper, potentially leading to more people and businesses using Cardano in the future.
2. Hedera (HBAR)
Current price: $0.176
Total project value: $7.42 billion
Change in 24 hours: Increased by 1.2%
Hedera is another network that uses a technology similar to blockchain, but a bit different, called hashgraph. This makes it very fast and efficient, ideal for large companies. Its currency, HBAR, is used to pay for things within the network, such as tracking products in a supply chain (for example, knowing where your food comes from) or creating digital assets. Large companies like Google and IBM trust Hedera, making it interesting because it could be used in many important businesses in the future.
3. Stellar (XLM)
Current price: $0.261
Total project value: $8.06 billion
Change in 24 hours: Increased by 0.92%
Stellar is a network designed to make sending money to other countries fast, cheap, and easy. Its currency, XLM, helps these transfers work. Imagine you want to send money to a relative in another country without paying high fees to a bank: Stellar makes that possible. It works with banks and financial technology companies, and is very useful for people who do not have access to traditional banking services. As more and more people need to send money internationally, Stellar could become even more important.