Searching for the most popular cryptocurrencies in the USA? The US is one of the most important markets for cryptocurrencies. As such, popular cryptocurrencies in the USA will likely do better than others in bull markets. For this reason, this guide explores the 20 most popular cryptos in the United States.
These are cryptocurrencies that, being way off their most recent all-time highs, have the potential to do well in the next bull market.
Ready? Let’s get started.
List Of The Most Popular Cryptocurrencies In The US
Here is an outline of the most popular cryptocurrencies in the USA. In the next section, we will tell you what makes them popular and how you, too, can start interacting with the most popular cryptocurrencies in the USA.
- Bitcoin (BTC) – Crypto Gaining In Popularity As An Alternative To Traditional Banking
- Ethereum (ETH) – Number One Smart Contracts Cryptocurrency Gaining In Adoption
- Conflux (CFX) – Fast-Growing Crypto With Parabolic Gains Potential
- Chainlink (LINK) – Top Cryptocurrency Feeding Smart Contracts With Data
- Filecoin (FIL) – Popular US cryptocurrency For Decentralized File Storage
- Dogecoin (DOGE) – Elon Musk’s favorite Meme Coin
- Shiba Inu (SHIB) – Popular Meme Coin That Has Built A Metaverse
- Cardano (ADA) – Top Ethereum Competitor That Is Growing In Adoption
- Polygon (MATIC) – Ethereum Layer 2 Solution Adopted by American Multinationals
- Solana (SOL) – Popular Cryptocurrency In The US For Its Scaling Capabilities
- Avalanche (AVAX)– Highly Scalable And Stable Ethereum Competitor
- Stacks (STX) – Fast-Growing Cryptocurrency Bringing Smart Contracts To Bitcoin
- Ripple (XRP) – Payments Cryptocurrency Gaining Adoption By Banks
- Binance Coin (BNB) – Popular Cryptocurrency Underpinning Largest Crypto Exchange
- Decentraland (MANA) – One Of The Most Popular Metaverse Cryptocurrencies In The US
- FLOW (FLOW) – Fast-Growing DeFi Cryptocurrency That Is Gaining Traction In America
- Sandbox (SAND) – Metaverse Cryptocurrency Adopted By Top American Celebrities
- Polkadot (DOT) – Smart Contracts Cryptocurrency Improving The Ethereum Ecosystem
- Fantom (FTM) – A Smart Contracts Platform Optimized For Scalability
- Tezos (XTZ) – Popular Platform Blockchain That Improves Without Hard Forks
- Bitcoin Cash (BCH) – Most Popular Bitcoin Alternative
- Litecoin (LTC) - Popular Altcoin in the US to Buy With PayPal
- ApeCoin (APE) – Most Popular New Cryptocurrency
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Virtual currencies are highly volatile. Your capital is at risk.
While there are 25000+ cryptos today, investors are only interacting with a handful of the most popular cryptocurrencies in the US. Some of the features that all these coins have in common include listing with virtually all the most popular crypto exchanges, attractive past performance, and a massively promising future price action.
But what are these most traded cryptocurrencies in the USA? Even better, where can you buy them today?
We answer both these questions in the following sections and provide you with a step-by-step guide on how to buy the most popular cryptocurrencies in the US today.
A Closer Look At The Most Popular Cryptocurrencies In The US Today
To arrive at the most popular cryptocurrencies in the USA, we focused on three key metrics: core functionality, tokenomics, and, most importantly, the community.
With this in mind, let’s take a more detailed look at each cryptocurrency in the above list.
Bitcoin (BTC) – Crypto Gaining In Popularity As An Alternative To Traditional Banking
Bitcoin is the most popular cryptocurrency in the US. It is also one of the most traded cryptocurrencies in the US. Multiple surveys and studies have also ranked it as the most recognizable crypto asset in the country, with 9 out of every 10 Americans saying they have heard about the legacy digital asset in the past.
Bitcoin is steadily on the rise as an increasingly sought-after currency, with its continual growth in adoption indicative of how powerful and successful it has become.
Especially in the US, its popularity continues to increase, buoyed in part by the recent weaknesses of the nationwide banking system brought on by the collapse of the SVB bank.
Bitcoin provides a more secure alternative for many who no longer trust banks due to economic uncertainty, plus it offers faster and more cost-effective transaction times compared to traditional forms of payment.
With its increasing value and advantages, it's clear that Bitcoin will stay one of the world's top cryptocurrencies.
Bitcoin has earned a hard-earned reputation as an alternative to traditional banking. However, its tokenomics is what really endears it to many cryptocurrency enthusiast investors.
By capping the total supply of coins available at 21 million, Bitcoin cannot be produced endlessly like fiat currency and allows for the possibility that it could increase in price exponentially if demand were to rise suddenly.
With these factors at play, it's easy to see why Bitcoin stands out among the most popular cryptocurrencies in the USA.
It is also popular because it has been publicly adopted by a lot of A-list celebrities like Kanye West and Snoop Dogg, entrepreneurs like Elon Musk and Mark Cuban, as well as enterprises like Tesla and Microstrategy.
But even more importantly, BTC is popular because its price is expected to continue rising, which has seen most investors adopt it as a store of value and as a useful tool for fighting inflation.
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Ethereum (ETH) – Number One Smart Contracts Cryptocurrency Gaining In Adoption
Ethereum is the second most popular cryptocurrency in the US - following closely behind Bitcoins. It is also one of the most traded cryptocurrencies here with a growing number of digital wallets holding the altcoin. It is particularly popular among long-term investors because of its massively promising future.
Ethereum consistently ranks among the most promising cryptocurrencies year after year, and for good reason.
Ethereum's powerful suite of smart contracts, consistently executed with utmost accuracy, has made it the leading technology in the market.
Other layer-1s have yet to capture the same level of success that Ethereum has experienced, with some facing significant technical difficulties and subsequent breakdowns.
This lack of effectiveness from its competitors will likely deepen Ethereum's reign as a premier leader in smart contract solutions.
With developers continuing to build further on top of its existing infrastructure, Ethereum stands as strong as ever when providing stable, reliable support for its software.
Ethereum has seen remarkable growth over the past year, with a large part of that surge driven by its expanding community. Investors eagerly follow this type of positive momentum.
Ethereum’s popularity amongst users in the US suggests it will remain one of the most attractive investment opportunities in the cryptocurrency market.
As more people become part of their network and use their technology, further upside pressure is placed on Ether's valuation.
Ethereum is undoubtedly one of the most promising cryptocurrencies in the US for investors seeking gains and stability in a volatile market.
ETH is also massively popular among crypto investors because of its stellar past price performance - seeing that by the time it peaked in late 2021, its ROI exceeded 163000%. By the turn of the decade, ETH price is expected to rally by a further 19000% and break above $190,000 - which has drawn in a lot of future-focused investors.
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Conflux (CFX) – Fast-Growing Crypto With Parabolic Gains Potential
Conflux was pretty much unknown a few years ago, but it has grown to become one of the most popular cryptocurrencies in the USA and globally.
Conflux is one of the most popular cryptocurrencies in the US, and its rise in popularity can be primarily attributed to its potential for tremendous growth.
This can be attributed to the fact that it is China's only regulated digital asset, giving it an edge that other currencies lack.
The ability to benefit from this regulation and high liquidity gives investors a great opportunity to take advantage of what could be a highly rewarding investment.
Additionally, with an ambitious roadmap and ideals closely aligned with those of blockchain technology, Conflux looks likely to continue gaining traction as a viable form of a digital asset.
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Chainlink (LINK) – Top Cryptocurrency Feeding Smart Contracts With Data
Cryptocurrencies have quickly become popular investments in the United States and come with associated fundamental strengths. One crypto that consistently cracks the top of these lists is Chainlink.
What makes Chainlink so unique is its dominance within the decentralized data oracles market, accounting for over 60% of the market share.
Its presence here allows for stronger growth potential over the long term due to increased adoption and value growth from the reliable technology behind it.
This helps explain why Chainlink remains relevant as one of the most popular cryptocurrencies in the US and elsewhere.
Chainlink continuously innovates and introduces new features that can inspire investor confidence in the long term.
However, the most exciting development of recent times is the introduction of staking. This development allows participants to earn a passive income while securing the network, thus creating a positive feedback loop around LINK's use.
This could result in the gradual elevation of LINK value as more traditional investors become drawn to the asset for its potential generating potential.
In this sense, staking has introduced a previously missing dynamic for secure investment and continuous growth in LINK value over time.
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Filecoin (FIL) – Popular US Cryptocurrency For Decentralized File Storage
Filecoin is looking to disrupt the file storage market with its unparalleled decentralized infrastructure. The blockchain-based platform allows users and businesses to store and trade data within their networks securely.
Developed in 2017, Filecoin has quickly become one of the most popular cryptocurrencies in the US due to its innovative ledger technology that functions on a peer-to-peer system and does not require physical servers.
With increased privacy for users and cost savings for companies, Filecoin offers an exciting new way to store your data safely and reliably. By leveraging blockchain technology, Filecoin is revolutionizing how people view digital information management.
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Dogecoin (DOGE) – Elon Musk’s favorite Meme Coin
Dogecoin is arguably the most popular meme currency in the US. And we attribute its surging popularity to 5 key features. First is the Elon Musk factor as the entrepreneur has constantly been popularizing it to his 100 million followers on Twitter and different speaking engagements.
On Reddit, Dogecoin - and other social media networks by extension - Dogecoin has acquired a massive following. This community has played a key role in popularizing Dogecoin through memes, views, reviews, and keeping its price on an uptrend through well-coordinated price pumps.
Elon Musk has been a driving force behind the success of Dogecoin. His tweets have created enormous hype and curiosity among investors, driving prices up and creating an enthusiasm that few other cryptocurrencies have achieved.
Thanks to Musk's fascination with Dogecoin and its potential for integration into Twitter, it has become one of the most famous meme coins in the world right now.
The US crypto market has taken notice, too, making Dogecoin one of the most popular cryptocurrencies in the US today.
Besides Musk's influence on Dogecoin's development, it also has an enthusiastic and engaged community dedicated to its success. This fanbase does more than cheerlead its favorite coin from the sidelines.
Dogecoin also makes it to the list of most popular cryptocurrencies in the US because of its stellar past price action. In early 2021, for instance, DOGE made headlines when its price shot up by more than 10000%. Moving forward, Dogecoin is expected to replicate these gains - probably before or during the next crypto market rally.
Its hype and support are major driving forces behind Dogecoin's monumental bull market rise. It’s one of the core reasons why Dogecoin will continue to stand out as one of the best cryptocurrencies to buy in the US.
All these, plus its accessibility - seeing that it currently is listed with virtually all the most popular crypto exchanges - have played a critical role in making DOGE one of the most popular and most traded cryptocurrencies.
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Shiba Inu (SHIB) – Popular Meme Coin That Has Built A Metaverse
The meteoric success of Shiba Inu and its exponential return on investment is nothing short of remarkable. With the increasing demand for digital currencies, Shiba Inu has consistently kept up with the curve in the crypto world, delivering innovative solutions that continue to make it stand out.
Starting off as a meme-based cryptocurrency, Shiba Inu now offers comprehensive layer-2 platform services and access to a Metaverse ecosystem. All these are meant to make it a better cryptocurrency for everyday use.
For instance, the Shiba Inu layer two solutions is a major game changer for this cryptocurrency. It can potentially revolutionize how Shiba Inu is used, making it an even more viable currency.
Its new scaling features mean that users can send transactions faster and at a lower cost, enabling them to take advantage of its existing benefits easily.
All these features mean greater potential for value growth and make SHIB one of the most popular cryptocurrencies in the USA today.
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Cardano (ADA) – Top Ethereum Competitor That Is Growing In Adoption
Cardano is an equally-promising digital coin. It is one of the most traded and popular cryptocurrencies in the US because it is considered undervalued. Both technical and fundamental analysis of the coin indicates that it is grossly undervalued and that ADA is due to embark on upward price correction - anytime.
For the longest time, the only thing holding Cardano's price back from exploding was its peer-research requirement. This made it rigid and was, in effect, overtaken by newcomers like Solana and Avalanche, who were quick to adopt new crypto technologies.
The rising popularity of Cardano can be favorably attributed to its smart contracts, which were introduced in 2021.
Since then, the projects on top of it have grown by leaps and bounds, signifying the network's security and reliability. This trend points to a bright long-term outlook for Cardano and its users.
With many exciting projects relying on Cardano for their development and progress, it has inevitably become one of the most popular cryptocurrencies in the USA today.
Beyond its rich ecosystem and vibrant community, one of its most notable features is its state-of-the-art Proof-Of-Stake algorithm. As we move closer to real-world applications for blockchain technology, scalability remains a major concern. Still, with Cardano's unique consensus protocol, users don't have to compromise decentralization for increased capacity.
Cardano presents a promising future where many users can easily access secure and decentralized applications. This makes it one of the most promising cryptocurrencies to buy and hold long-term.
The general feeling is that Cardano has the potential to overtake Ethereum as the most used smart contract platform. But before it flips ETH, analysts are confident that ADA will have grown its investor portfolios by more than 6000% by the turn of the decade when its price races past 6000%. This massively promising future doesn’t just inform its popularity but also confirms why you should consider buying ADA today.
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Polygon (MATIC) – Ethereum Layer 2 Solution Adopted by American Multinationals
Polygon has taken off recently, and it is easy to see why. It is one of the leading Ethereum layer-2 solutions in the industry and cultivates a huge ecosystem of projects ranging from decentralized finance to NFTs.
Even more impressive is that big companies like Disney are hopping on the bandwagon and using Polygon in their operations. Polygon is an incredibly attractive option for many users and as an extension, has become one of the most popular cryptos in the US today.
Polygon is also leading the way with its innovative ZkRollups protocol. With ZkRollups, Polygon offers lightning-fast transactions using up to 90% less gas.
This makes it an incredibly attractive solution for Ethereum developers and users and could play a role in MATIC's value growth in the next crypto bull run.
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Solana (SOL) – Popular Cryptocurrency In The US For Its Scaling Capabilities
Solana is one of the fastest-growing smart contract ecosystems. The price of its SOL tokens has also grown at tremendous rates in the recent past - by more than 130000% in the last two years. Both these factors have captured the American investor’s attention and helped make Solana one of the most popular cryptocurrencies in the US.
The Ethereum-killer is considered one of the best growth cryptos to invest in today because of its massively promising future. Solana is faster, more affordable, developer-friendly, and more dynamic than most other smart contract platforms - including Ethereum. It just started expanding its ecosystem to include as many of the programs and features available on Ethereum - but this has already had its value rise by more than 1000X.
Solana has established itself as one of the most popular cryptocurrencies in the US due to its impressive throughput, speed, and cost efficiency.
Boasting a transaction speed of 50K/sec and costs as low as $0.01 per transaction, it's no wonder that users flock to Solana, choosing it over other blockchain platforms despite several hiccups.
Network outages, hacker attacks, and other issues have yet to do much to dissuade users from using this powerful platform; those issues often push users toward it.
This means Solana has one of the most solid communities in crypto, and that’s a sign of a cryptocurrency with solid long-term potential. Essentially, Solana stands miles above its competition regarding providing quality service and value.
Moving forward, and as Solana integrates more programs and protocols, its SOL token prices are expected to rally to newer heights - as high as 5000% by 2030. Buying the today would, therefore, mean getting in at a 12000%+ discount - and this has had all future-focused crypto investors rushing to accumulate SOL tokens.
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Avalanche (AVAX) – Highly Scalable And Stable Ethereum Competitor
Avalanche is a powerful smart contract platform that has revolutionized how developers in the blockchain space can better run their applications. It is notably known for its scalability, stability, and highly engaged user base.
Its amazing architecture enables handling thousands of transactions per second, making it one of the most efficient solutions to scale decentralized applications.
Aside from scalability and reliability, what sets Avalanche apart from other platforms is its vibrant user community, which provides an exciting global ecosystem to explore new use cases constantly.
Developers are working around the clock to make Avalanche even more expansive and robust as they look towards creating innovative solutions in this ever-evolving digital economy.
Since all this means a high potential for value growth, it is unsurprising that Avalanche has become one of the most popular cryptocurrencies in the United States.
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Stacks (STX) – Fast-Growing Cryptocurrency Bringing Smart Contracts To Bitcoin
Stacks was relatively known a while back but has grown to become one of the most popular cryptocurrencies in the US today. Stacks popularity has a lot to do with the fact that it is opening up the Bitcoin network beyond payments and into the smart contracts market.
This is a huge deal for two reasons: first of all, smart contracts offer users a high level of security that is desirable in the world of cryptocurrency; and second, Bitcoin currently reigns as the most secure crypto network.
By offering smart contracts through this network, users get to benefit from the safety and reliability that comes with using Bitcoin while still being able to reap the rewards that come with more advanced contract transactions. It's a win-win situation that will likely be popular among crypto enthusiasts for some time.
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Ripple (XRP) – Payments Cryptocurrency Gaining Adoption By Banks
Ripple has also dominated mainstream and digital media headlines. But unlike the rest of the most popular cryptocurrencies in the US, Ripple makes it here because of the controversy brought about by the ongoing SERC case against Ripple labs.
It all started in December 2020 when the SEC filed a case against Ripple Labs and its directors, accusing them of selling unregistered securities to US residents.
XRP has long been a fan favorite of American investors, and for valid reasons. Utilized to make cross-border payments easier and more secure, XRP is set to disrupt the multi-trillion-dollar finance market in a big way.
Taking out the expensive fees associated with transferring money overseas, this global digital token has the potential to open up international markets for businesses that may have previously found them too costly.
In addition to introducing unprecedented convenience, these revolutionary applications make Ripple an ideal long-term investment, offering both financial security and increases in value over time.
The best part is that Ripple could win the case against the SEC. If this happens, XRP could see its value rocket by multiple times from where it is today.
This means it is currently undervalued and hence one of the popular cryptocurrencies in the United States for investors chasing parabolic returns on investment.
Moving forward, analysts are confident that Ripple will replicate these gains in the future - especially if it wins against the SEC. Some expect XRP price to grow as much as 16000%+ by the turn of the decade to break above $50.
We must also add that in addition to the SEC battle, it has also had to deal with an extended crypto winter and volatile market crashes - like any other cryptocurrency. And it has proved its resilience by quickly rebounding after a value dip and maintaining a near-permanent position among the 10 most valuable cryptos.
These two - a promising future and proven resilience - have not just helped Ripple grow its popularity. They are some of the key reasons why you should consider buying these top cryptocurrencies in the US.
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Binance Coin (BNB) – Popular Cryptocurrency Underpinning Largest Crypto Exchange
Binance Coin continues to dominate the crypto trading niche. It recently overtook Coinbase as the centralized exchange with the most Bitcoins but also threatens to overtake it as the most popular exchange with the highest trade volumes in the US.
But the fast-rising crypto exchange isn’t the only thing making BNB coin the most popular cryptocurrency in the US. Others include its close association with the fast-expanding Binance Smart Chain - a smart contract blockchain.
Binance Coin is one of the most popular cryptos in the US for its tokenomics and the fact that it is backed by one of the largest and strongest cryptocurrency exchanges in the market today.
In terms of tokenomics, Binance Coin is a deflationary cryptocurrency. A predetermined portion of BNB tokens is burned quarterly as part of a circulation program. This has two major positive effects: it reduces the number of digital tokens in circulation, thus creating scarcity and driving demand, and it creates a steady line of increasing value for each remaining token.
Binance Coin's popularity also comes from the fact that Binance is not only the largest crypto exchange in the world but also one that investors can count on under all market conditions.
After the collapse of FTX, Binance came under a lot of pressure and saw mass withdrawals of over $6 billion in a matter of days. However, Binance survived that, a factor that will drive up investor confidence in BNB long term.
Binance coins are also popular because they have performed exemplarily well in the past. Having debuted into the market with an ICO price of $0.15 in 2017, BNB price peaked at $676 in 2021 - more than 450000% above its introductory price and making it one of the most lucrative investments.
Moving forward, a number of factors are expected to continue fueling BNB coin prices - making it an excellent choice for future-focused crypto investors. First is the growing popularity of the Binance exchange and Binance smart chain, which increases demand for BNB coins.
Secondly, Binance has committed to burning 50% of the BNB token supply - which would catapult the token’s prices to unimaginable heights, especially when you consider the rapidly growing demand for BNB coins.
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Decentraland (MANA) – One Of The Most Popular Metaverse Cryptocurrencies In The US
Decentraland is a Metaverse cryptocurrency providing a platform for people to own and develop virtual land. This concept has been so desirable that some of the most sought-after parcels have sold for an incredible amount of money - up to millions.
These impressive figures speak to the unique potential of Decentraland and its ability to draw attention from investors worldwide due to its valuable application.
Already having built a reputation among the best Metaverse cryptocurrencies in the market today, Decentraland's future looks promising as more people become engaged with its innovative real estate market.
Decentraland is one of the most popular cryptocurrencies in the United States due largely to its potential as part of the emerging Metaverse market.
Analysts predict that by 2030, the Metaverse's total value will likely exceed $1 trillion, making it a lucrative investment opportunity for those looking to be ahead of the game.
Decentraland remains one of the leading contenders for the future fortunes of this emergent industry. This means it benefits the most from growth as the market expands.
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FLOW (FLOW) – Fast-Growing DeFi Cryptocurrency That Is Gaining Traction In America
Flow is a powerful, innovative blockchain designed with developers in mind. It features a lightning-fast consensus protocol that allows supercomputer-like performance and scalability to power revolutionary applications from various industries. What truly sets it apart, however, is its decentralized structure.
This offers unparalleled resilience and stability so users can build their products in an environment they can believe in.
Projects built on the Flow blockchain can efficiently utilize sophisticated digital asset support to create fully-fledged ecosystems within apps and games. All this makes Flow a compelling choice for any product or application developer looking to get ahead of the competition.
With scalability as one of the biggest bottlenecks for most blockchain layer-1s, the odds are that FLOW will do well going into the future. It’s part of why it has become one of the most popular cryptos in the US today.
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Sandbox (SAND) – Metaverse Cryptocurrency Adopted By Top American Celebrities
With the Metaverse gaining traction as a potentially profitable aspect of the crypto market, Sandbox has emerged as one of the most popular cryptocurrencies in the US.
Sandbox is designed to allow gamers to profit from their playing experience by converting their earnings into non-fungible tokens (NFTs).
The distinct things that set it apart from other gaming platforms are its monetization potential and the ability to trade in-game rewards for cryptocurrency, namely SAND.
Players benefit from expanded creative freedom - allowing them to build their 3D landscapes, create unique avatars, design special game items, and collect NFTs as they progress through the game.
Ultimately, Sandbox offers an environment where making money can be just as fun as playing.
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Polkadot (DOT) – Smart Contracts Cryptocurrency Improving The Ethereum Ecosystem
Polkadot is an innovative technology that offers powerful functionality to the blockchain industry. It is designed to connect multiple specialty blockchains, securely and reliably transferring any asset or data.
With Polkadot, connecting different blockchains has become easier as users can transfer tokens and non-token data and assets between different chains.
By making the various blockchains interoperable, Polkadot helps the blockchain landscape move away from a single giant network to a meshed web of networks to take advantage of higher speeds, security, and scalability. This could unlock new use cases for distributed systems and make global blockchain applications a reality.
With interoperability one of the key aspects to the growth of Web 3.0, it is not hard to see why Polkadot is one of the most popular cryptocurrencies in the United States. Investors expect it to grow with Web 3.0, especially in the Ethereum ecosystem.
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Fantom (FTM) – A Smart Contracts Platform Optimized For Scalability
Fantom is revolutionizing the field of DeFi, providing an efficient alternative to mainstream blockchain platforms and creating new opportunities for developers. Its directed acyclic graph (DAG) smart contract platform offers an array of decentralized finance (DeFi) services, allowing users to benefit from faster transaction speeds and improved reliability.
What has made Fantom a popular cryptocurrency in the US is its consensus algorithm – the first of its kind – which allows utility token holders to maintain governance, stability, and security on the network.
As Fantom grows, its established methodologies provide a new way to interact with DeFi applications while protecting users’ assets.
Given that DeFi is one of the aspects of blockchain technology expected to record long-term growth, Fantom stands out among the high-potential cryptos American investors can buy today.
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Tezos (XTZ) – Popular Platform Blockchain That Improves Without Hard Forks
Finally, in the list of most popular cryptocurrencies in the USA is Tezos. The biggest reason behind the popularity of this cryptocurrency is its self-amending smart contracts.
This means that the Tezos infrastructure will never have to hard-fork due to a divided opinion on what the underlying technology should look like.
In effect, it can evolve and improve while maintaining its core features. This unique concept has gained increasing interest and recognition in the community.
Many hope that Tezos' development will continue to bring greater advancements to the blockchain industry in general and our understanding of decentralization.
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Litecoin (LTC) - Popular Altcoin in the US to Buy With PayPal
Litecoin was at one time the most popular Bitcoin alternative. But during the 2017 crypto market rally, its momentum faltered and fell off the rails when Litecoin founder - Charlie Lee - sold his LTC holdings and went to work for the Coinbase exchange.
But a few factors have helped win investor confidence in the altcoin and help it ascend back to the coveted list of most popular cryptocurrencies US. First, Charlie Lee is back to heading steering Litecoin’s future as the head of the Litecoin Foundation. Secondly, Litecoin’s acceptability as a medium of exchange across the country has been on a steady rise - preferred to its ultra-fast transaction processing speed and low transaction cost.
Thirdly, and perhaps the most significant, is the PayPal effect. In late 2020, PayPal - the most popular eWallet in the US - made it possible for its clients to buy BTC, ETH, BCH, and LTC. This had the effect of bringing the spotlight back to Litecoin and made it one of the most traded cryptos among PayPal users.
Yet another reason why Litecoin features among the most popular cryptocurrencies in the US - and one of the reasons why you too should buy the altcoin is its promising future. Moving forward, LTC is expected to recapture its $400 peak prices and rally by as much as 4000% by the turn of the decade.
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Bitcoin Cash (BCH) - Most Popular Bitcoin Alternative
A host of factors have helped Bitcoin Cash maintain relevance and become one of the most popular cryptocurrencies in the US. First is its ease of accessibility, seeing that it is already listed with virtually all the most popular crypto exchanges in the country. This was given a further boost by PayPal when it included it in the list of crypto exchanges that can be traded on its accounts.
It is also popular because it has been welcomed as an excellent alternative to Bitcoin by most physical and ecommerce stores that accept crypto payments. Like Litecoin, BCH is largely favored because of its fast transaction processing speeds and affordable trading fees.
Moving forward, Bitcoin cash prices are expected to sustain an uptrend - rallying by an estimated 7500%+ to tear above $9000 by the turn of the decade. This promising future makes it one of the top cryptocurrencies in the US, particularly among long-term crypto investors.
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ApeCoin (APE) - Most Popular New Cryptocurrency
ApeCoin is the newest of the most popular cryptocurrencies in the US. There are a host of reasons why the altcoin, which is only a few months old became one of the most talked about and one of the most traded cryptocurrencies in the US today.
APE is popular because of its close association with equally popular NFT projects, seeing that it is the utility token for BAYC and MAYC NFTS. These NFTs are collected by A-list celebrities like Kevin Hart, Justin Bieber, Madonna, and Tom Brady as well as crypto influencers like Gary Vee. These have made APE tokens insanely popular among crypto investors.
ApeCoin is also popular because it is new and full of untapped potential - which gives it a massively promising future. It, for instance, only recently launched the Otherside metaverse that is full of promise. ApeCoin developers have also hinted about leaving Ethereum and launching their own mainnet to escape the high gas fees and low transaction speeds that characterize the ETH network.
These factors have helped make ApeCoin one of the most popular cryptos in the US. Moving forward, they are expected to fuel value gain for the APE token, which makes it one of the best buys today.
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Where To Buy The Most Popular Cryptocurrencies In The USA
Virtually all the most popular crypto exchanges in the world have set up shops in the US. There simply is no shortage of crypto trading platforms that list all the popular cryptocurrencies we have discussed above.
We, however, would recommend registering an account and buying crypto from one of the following crypto exchanges:
- eToro – This is one of the best cryptocurrency brokers in the market today. It is regulated and user-friendly, perfect for beginners and pro traders.
- Binance – One of the top cryptocurrency brokers for low transaction costs and crypto variety.
- Coinbase – Regulated broker and one of the most trusted by American crypto traders.
While the three cryptocurrency exchanges mentioned are all perfect, eToro is the best for investing in popular cryptocurrencies in the USA.
What makes eToro special is that it is regulated in multiple major jurisdictions, namely the US, UK, Australia, and Cyprus. eToro also has a beginner-friendly platform, and users can invest as low as $10.
How To Buy The Most Popular Cryptocurrencies In The US On eToro
Of all the top cryptocurrency exchanges where you can buy popular cryptocurrencies in the US today, eToro is the best. To invest in cryptocurrencies through eToro, follow the steps below:
1. Signup For An Account
Start by registering a user account with eToro. The account creation process is smooth and straightforward - taking no more than 10 minutes. Just click the “Join Now” button on the home page of the official eToro.us website and complete the user registration form that pops up.
2. Verify Your Account
In the US, eToro is regulated by SEC and FINRA - which require all crypto trading platforms to subject their clients to KYC and AML checks. For this reason, eToro will ask that you verify your identity before you can start trading. Simply upload a copy of your Passport or Driver’s license.
3. Deposit Money
Log in to the now-approved crypto trader account, and on your user dashboard, tap on the “Deposit Funds” tab. On the funding tab that pops up, choose a supported payment option and follow the prompts to initiate the cash transfer to eToro.
4. Buy The Most Popular Crypto
Click on the “Discover” tab on your user dashboard to reveal the supported asset classes. Choose to trade “Crypto,” and a list of supported will pop up. Choose the crypto(s) you wish to buy.
Tap on the “BUY” option against the coin you would like to invest in. A trading tab will pop up and you can use it to customize the purchase by indicating the number of coins you wish to buy or the amount of fiat cash you wish to spend. Hit the “Open Trade” button to complete the purchase.
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Virtual currencies are highly volatile. Your capital is at risk.
Why Should I Buy Popular Cryptocurrencies In the US Today?
Investing in popular cryptocurrencies in the USA is smart for those who want to maximize their returns.
This is because these tokens often see some of the largest jumps in value when market hype causes prices to skyrocket during bull markets.
Furthermore, with established cryptocurrencies, it can be easier to predict potential price increases and identify lucrative investment opportunities, as opposed to those coins and tokens which have yet to gain mass adoption by traders.
Consequently, investors should always remain aware of which crypto assets are the most popular at any time since these are likely candidates for outperformance during extended bullish periods in the markets.
What Are The Key Cryptocurrency Trends In The USA?
It is always interesting to predict the crypto industry’s trajectory, as it is developing in unique ways, opening up novel opportunities for investors. 2023 has been a prolific year as cryptocurrency trends are now shaping the future of finance, especially in countries like the USA.
A report by Chainalysis shows that North America is the third most active country in the cryptocurrency market, after Western Europe and East Asia. There has been a rising interest in Bitcoin in the region since the beginning of the year.
After a detailed survey, the analytic firm confirms that the US’s preference for BTC is significantly higher than any other region. Furthermore, apart from investors, millennials have also started showing interest in the crypto space, paving the way for new cryptocurrency trends in the country. Along with Bitcoin, the US also has shown rising interest in Ethereum, meme coins like Dogecoin and Shiba Inu, and potential altcoins like Ripple XRP.
By gaining more exposure and knowledge about the cryptocurrency world, millennials would be able to invest strategically and create novel trends in the US cryptocurrency market shortly.
It’s no coincidence that 3 of the 5 most popular cryptocurrencies in the USA are based on Ethereum technology (ETC, ShIB Cash, and DOGE). According to a report by the analytics company Chainalysis, North America — which is the third most active country in the cryptocurrency market, after Western Europe and East Asia — favours Bitcoin cryptos above all others.
The report claimed that this level of favour was ‘disproportionate’ compared to other countries. As part of its research, Chainalysis analysed how popular different categories of crypto are in key regions around the world. They did this by dividing cryptocurrencies into Bitcoins (BTC), stablecoins, and altcoins, before working out what percentage of regional activity concerned each category. They discovered the following:
- East Asia: 51% BTC, 33% stablecoins, 16% altcoins
- Western Europe: 66% BTC, 21% stablecoins, 12% altcoins
- North America: 72% BTC, 17% stablecoins, 11% altcoins
- Eastern Europe: 57% BTC, 30% stablecoins, 13% altcoins
- Central and Southern Asia: 53% BTC, 35% stablecoins, 12% altcoins
- Latin America: 63% BTC, 26% stablecoins, 11% altcoins
- Middle East: 54% BTC, 33% stablecoins, 14% altcoins
- Africa: 69% BTC, 21% stablecoins, 10% altcoins
The US’s preference for BTC is noticeably higher than any other region, with Africa the second highest at 69%. So why does the USA favour Bitcoin currencies?
Cryptocurrency Trading Strategy In The USA
One of the most significant parts of cryptocurrency investment is a unique trading strategy. Since the market is highly volatile and vulnerable, it is always important for investors to choose a plan that suits their investment journey.
Reports have found that US investors are far more likely to employ a long-term investment plan of action than those in other regions. This includes buying and holding an asset for a specific duration rather than making quick trades.
The Chicago Mercantile Exchange (CME) opens a wealth of volatility strategies for traders by offering options on Bitcoin futures. Volatility trades are a unique strategy and are ideally directionless. That is, there is a possibility of making money whether the coin goes up or down. For instance, the long straddle is one such directionless volatility strategy using Bitcoin options. It is often profitable when BTC falls or rises away from the strike price by more than your premium.
However, whether it's day trading, long-term investment strategy, or volatility trading, it solely depends upon the choice of an investor’s preferred journey in the crypto investment arena.
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Virtual currencies are highly volatile. Your capital is at risk.
Conclusion - Most Popular Cryptocurrencies In The USA
This guide has looked at the most popular cryptocurrencies in the USA, focusing on their functionalities and why they could be suitable investments.
Crypto investments are all the rage in the US as more and more individuals and institutions seek to future-proof their investments against inflation and the looming economic recession. But not all digital assets are good stores of value or excellent hedges, as evidenced by the rise of investor interest in sustainable and promising crypto assets shoot to new heights.
In the above sections, we have introduced you to the most popular cryptocurrencies in the US today. We have told you what makes them popular and why they are worth buying during the current crypto market dip.
Want to buy one or a couple of the most traded cryptocurrencies in the US? Follow the step-by-step guide to buying cryptos on eToro above, which teaches you how to start buying crypto on the al-popular exchange in less than 10 minutes.
eToro – Most Popular Crypto Exchange In the USA
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. Virtual currencies are highly volatile. Your capital is at risk.
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FAQs Popular Cryptos USA
What is the most popular cryptocurrency in the USA?
Bitcoin is by far the most popular cryptocurrency in the USA. It is not only the most recognized crypto asset but also the most purchased cryptocurrency both by individuals and institutional investors.
Where do I buy popular crypto in the US?
There is a growing number of crypto exchanges where you can buy all the most popular cryptocurrencies in the US. But we would recommend registering an account and buying these assets on eToro.US.
What is the most used crypto in the USA?
The most cryptocurrency in the USA has to be Bitcoin. More individuals accept Bitcoin payments today, and many physical and ecommerce stores accept BTC as a medium of exchange.
Which Cryptocurrency Is From The USA?
There are many cryptocurrencies from the USA, but Cardano is one of the most popular cryptos from the US.
What Are The Top 10 Most Traded Cryptocurrencies In the US?
The 10 most traded cryptocurrencies in the US are: Bitcoin, Ethereum, Tether, Cardano, BNB, Solana, Polkadot, Avalanche, Shiba Inu, and Dogecoin.
Is it legal to buy and sell Bitcoin in the US?
Buying and selling Bitcoin is legal in the US — as long as you go through a regulated exchange. If you try to trade Bitcoin without going through an exchange, you’ve technically committed a crime. This is because Bitcoin is taxed as property rather than currency. Just as you’d go through an estate agent to sell your home, you need to go through a regulated crypto exchange to sell your Bitcoin in the US.