SteadyOptions is an options trading forum where you can find solutions from top options traders. Join Us!

We’ve all been there… researching options strategies and unable to find the answers we’re looking for. SteadyOptions has your solution.

The 7 Most Popular Cryptocurrencies Right Now

By Kim (edited)

There are thought to be 20,000 cryptocurrencies currently in existence. While a lot of these are inactive or discontinued, a lot of them are still being traded on a daily basis. But just which cryptocurrencies are most popular? This post takes a look at the top 7 most traded cryptocurrencies.

1. Bitcoin (BTC)

Bitcoin was the first ever cryptocurrency (established in 2009 by Satoshi Nakamoto) and it is currently the world's most valuable. It is the coin most people think of when they think of crypto trading. Therefore, it’s no surprise that it’s also the most popularly traded coin. Bitcoin famously went through a boom in the 2010s, which resulted in many early investors getting rich. While many people continue to buy Bitcoin as an investment asset, it is also widely accepted as a currency and used to buy many products and services (more so than other cryptocurrencies). Companies ranging from Uber Eats to Adidas now accept Bitcoin payments.

 

2. Ether (ETH)

Ether is the second most popular cryptocurrency. It was introduced in 2015 and is traded on the Ethereum blockchain. Trading Ether is faster and more environmentally-friendly than Bitcoin, however there are added fees involved when trading Ether known as ‘gas fees’. These gas fees are paid to crypto miners and cover the cost of running the network. The price of gas fees is constantly changing, however you can track these fees using the likes of this ETH gas tracker. While not as commonly used as a currency as Bitcoin, it’s worth noting that Ethereum supports smart contracts, which makes it attractive to many businesses. 

 

3. Tether (USDT)

Tether was introduced in 2014 as a ‘stablecoin’ that has a fixed value equal to the US dollar. Stablecoins like Tether are less volatile than regular cryptocurrencies, and are therefore seen as less risky. Because of this low risk, Tether is the third most popularly-traded cryptocurrency in the world. It is becoming a more popular cryptocurrency for buying products and services, as well as being a popular option among investors. There are many other stablecoins that can also be looked into for those wanting a low-risk option. 

 

4. Solana (SOL)

Solana was founded in 2017 and is the fourth most popular cryptocurrency. Its creator Anatoly Yakovenko introduced a proof of history system when developing the Solana blockchain that allowed this cryptocurrency to be traded much faster than both Bitcoin and Ethereum. As well as being fast, Solana transactions are relatively affordable. Because of this, it is a very attractive cryptocurrency among traders. 

 

5. Binance Coin (BNB)

Binance Coin, which is more commonly known as BNB, was created in 2017. It is used to pay transaction fees on Binance.com, which is a popular cryptocurrency exchange. An increasing number of merchants have begun to accept BNB ranging from Shopify to Expedia. This is due to the fact that you get discounts on trading fees when you use this currency to pay for products and services. This has helped it to become the fifth most popularly traded cryptocurrency. This post delves more into the benefits of investing in BNB. 

 

6. XRP (XRP)

XRP was introduced in 2012 - making it one of the longest-running cryptocurrencies alongside Bitcoin. A company named Ripple is one of the main users of this currency and offers payment solutions to businesses that use XRP. Because of this XRP is sometimes referred to as ‘Ripple’ by crypto traders, however the currency is not controlled by this company. Other than being well-established, there are many benefits to using XRP that have helped it to become the sixth most popular cryptocurrency. It has very low transaction fees and takes seconds to trade. XRP also does not need to be mined, making it one of the most environmentally-friendly cryptocurrencies. 

 

7. Dogecoin (DOGE)

Dogecoin was created in 2013 as a joke. It was inspired by the Shiba Inu dog meme and is regarded as the first ‘meme coin’. Although created as a parody, Dogecoin attracted many traders for its silly premise and consequently turned into a wildly successful cryptocurrency - the 7th most popular in the world! Dogecoin has been used to fund many charity projects and business projects over the years including a SpaceX mission in 2021 and motorsports events. Since its boom, many other meme coins have been created and a lot of them have also become very popular. However, Dogecoin still remains the most popular meme coin, with a dedicated online community continuing to promote its use around the world. 

This is a contributed post.

 

Edited by Kim

What Is SteadyOptions?

12 Years CAGR of 114.5%

Full Trading Plan

Complete Portfolio Approach

Real-time trade sharing: entry, exit, and adjustments

Diversified Options Strategies

Exclusive Community Forum

Steady And Consistent Gains

High Quality Education

Risk Management, Portfolio Size

Performance based on real fills

Subscribe to SteadyOptions now and experience the full power of options trading!
Subscribe

Non-directional Options Strategies

10-15 trade Ideas Per Month

Targets 5-7% Monthly Net Return

Visit our Education Center

Recent Articles

Articles

  • Optimizing Portfolio Growth: Managing Capital and Liabilities in Modern Tax Planning

    Growing your investment portfolio involves more than just picking winners. While strong returns are the goal, many investors overlook a critical factor that significantly impacts their net worth: tax planning. Managing your capital and liabilities with taxes in mind isn't just about saving money in April. It's a year-round strategy that can accelerate your portfolio's growth and help you keep more of what you earn.

    By Kim,

    • 0 comments
    • 540 views

  • Expanded Trading Hours for Select Equity Options

    The Cboe Options Exchange will start offering expanded trading hours for select high-liquidity single-stock equity options. The schedule features a morning Global Trading Hours (GTH) session from 7:30 a.m. to 9:25 a.m. ET and an afternoon Curb session from 4:00 p.m. to 4:15 p.m.

    By Kim,

    • 0 comments
    • 629 views

  • How LEAPS Differ From Short-Term Options

    LEAPS stands for Long-Term Equity Anticipation Security. Which is just a long-dated option, typically referring to those with expirations more than a year out. There’s no technical difference between LEAPS and shorter-term options other than the expiration date. They’re traded on the same exchanges and have the same rules surrounding margin and whatnot.

    By Pat Crawley,

    • 0 comments
    • 31205 views

  • Why Not to Hold Strangles Through Earnings

    In my previous article, I described a strategy of buying a long strangle a few days before earnings and selling them just before earnings. In this article, I will show why it might be not a good idea to keep those strangles through earnings.

    By Kim,

    • 0 comments
    • 6093 views

  • Pre-Earnings Entry Price: What 31,000 Cycles Say

    Every card in the scanner carries a block called How expensive is this entry? It compares what you would pay today against what the same setup cost on the same ticker at the same point in past cycles. I built that block in August. It reads well. But a reading that looks sensible and a reading that predicts something are different things, and until last week I had only the first.

     

    By Romuald,

    • 3 comments
    • 674 views

  • Expensive Compared to What?

    A trader looks at a pre-earnings straddle and asks whether it is expensive. It is the right instinct and the wrong question, because the word carries no meaning on its own. Expensive against what? A $12 straddle on a $200 stock is not expensive or cheap. It is $12.

    By Romuald,

    • 0 comments
    • 554 views

  • Beyond Strategies: What Options Traders Should Know

    Options education almost always begins with structures. Traders learn vertical spreads, calendars, butterflies, condors, covered calls and straddles, study the expiration diagrams, work out maximum profit and loss, and build a sense of the conditions each structure is supposed to suit. That foundation is necessary and there is no way around it.

    By Kim,

    • 0 comments
    • 1087 views

  • SPX vs SPY Options: Which One Should You Trade? (2026 Guide)

    Both SPX and SPY options give you exposure to the S&P 500. They track the same 500 stocks, move nearly tick-for-tick, and offer the same core strategies — credit spreads, iron condors, butterflies, and 0DTE trades. Yet the two products settle differently, are taxed differently, and carry very different assignment risks.

    By krisbee,

    • 0 comments
    • 5199 views

  • Strike Price Effects Or Pinning Revisted

    Loyal readers of this blog will recall my post from 2019 “Pinning Down the ‘Option Pinning’”. If you have not heard of pinning have a look at that article as – spoiler – everything in it as well as Jeff Augen’s observations in his books which are referenced is still valid.

    By TrustyJules,

    • 0 comments
    • 2346 views

  • Could This Strategy Be The Holy Grail Of Investing?

    This is a reprint of my Seeking Alpha article from 2013. If you have SA subscription, you can read the full article including hundreds of comments here. For the record, the strategy implementation has changed since then, but the principle remains the same. You can read more here. 

    By Kim,

    • 6 comments
    • 5766 views
  Report Article
Go to articles Trading Blog

We want to hear from you!


There are no comments to display.



Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×