There’s a good reason why Ethereum is the second-largest cryptocurrency by market cap: It has a really popular blockchain. Formed earlier this year, the Enterprise Ethereum Alliance is comprised of 200 organizations that are currently testing a version of Ethereum’s blockchain in demo, pilot, and small-scale projects. These testers include governments, financial-service companies (which are expected to be the biggest benefactor of blockchain technology), and tech and energy companies.
Another cryptocurrency that’s been very impressive of late is Ripple. Its token, the XRP, has galloped higher by more than 12,000% since the year began.
Sticking with the theme that blockchain is king, one under-the-radar cryptocurrency you should be following is Stellar (formerly Stellar Lumens), and its coin, the XLM. This is a virtual currency that holds true to its name, as the XLM has been “stellar” this year with a 10,400% year-to-date gain.
H/t reader kevin a.
* * *