What are the most popular cryptocurrencies built on the ERC-20 network?

3 answers

• Chami MalalasekaraJul 26, 2021 · 4 years ago
  Sure! Some of the most popular cryptocurrencies built on the ERC-20 network include Ethereum (ETH), Binance Coin (BNB), Chainlink (LINK), USD Coin (USDC), and Dai (DAI). These cryptocurrencies have gained significant traction and are widely used for various purposes within the Ethereum ecosystem. Ethereum, being the native cryptocurrency of the Ethereum blockchain, is the most well-known and widely used ERC-20 token. Binance Coin, on the other hand, is the native cryptocurrency of the Binance exchange and has gained popularity due to its utility within the Binance ecosystem. Chainlink is a decentralized oracle network that provides real-world data to smart contracts on the Ethereum blockchain. USD Coin and Dai are stablecoins that are pegged to the value of the US dollar and are widely used for stable value transfers and decentralized finance (DeFi) applications on Ethereum.
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• Farzana FasilJun 14, 2022 · 3 years ago
  Absolutely! When it comes to popular cryptocurrencies built on the ERC-20 network, Ethereum (ETH) is undoubtedly the most prominent one. As the native cryptocurrency of the Ethereum blockchain, ETH serves as the fuel for executing smart contracts and powering decentralized applications (dApps) on the network. Binance Coin (BNB), the native token of the Binance exchange, is another popular ERC-20 token. BNB is used for various purposes within the Binance ecosystem, including trading fee discounts and participation in token sales on the Binance Launchpad. Chainlink (LINK) is an ERC-20 token that facilitates the connection between smart contracts and real-world data, enabling the execution of smart contracts based on external information. USD Coin (USDC) and Dai (DAI) are stablecoins built on the ERC-20 network, designed to maintain a stable value relative to the US dollar. These stablecoins are widely used for trading, remittances, and DeFi applications on Ethereum.
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• Sr DarkSep 15, 2022 · 3 years ago
  Certainly! When it comes to the most popular cryptocurrencies built on the ERC-20 network, Ethereum (ETH) is the undisputed leader. As the native cryptocurrency of the Ethereum blockchain, ETH is not only widely used for transactions and smart contract execution but also serves as a store of value. Binance Coin (BNB), the native token of the Binance exchange, is another popular ERC-20 token. BNB offers various benefits within the Binance ecosystem, including reduced trading fees and participation in token sales. Chainlink (LINK) is an ERC-20 token that plays a crucial role in connecting smart contracts with real-world data, enabling the development of decentralized applications with external inputs. USD Coin (USDC) and Dai (DAI) are stablecoins built on the ERC-20 network, providing stability and facilitating seamless transactions within the Ethereum ecosystem. These cryptocurrencies have gained significant popularity and are widely recognized for their utility and functionality on the Ethereum blockchain.
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