What are the mainstream currencies that virtual currencies consist of?

Mainstream virtual currencies refer to cryptocurrencies with large market capitalization, high transaction volume, and widely accepted cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, Tether, U.S. Coin, Solana, etc. These coins make up the majority of the market capitalization and trading volume of the cryptocurrency market, and have the maturity, stability, and widespread acceptance to become reliable and popular choices in the cryptocurrency space.

Mainstream virtual currency

Mainstream virtual currency refers to a currency with a large market value, high transaction volume, and wide acceptance of cryptocurrency. They are the more mature and stable currencies in the entire cryptocurrency market.

Mainstream currency composition:

1. Bitcoin (BTC)

• The earliest and most well-known Cryptocurrency.
• The market capitalization is the highest and the trading volume is the largest.
• Widely accepted as a store of value and payment method.

2. Ethereum (ETH)

• Ethereum is a blockchain-based platform that allows the development of smart contracts.
• The market value is second only to Bitcoin, and the transaction volume is also very high.
• Widely used in decentralized finance (DeFi) and non-fungible tokens (NFT).

3. Binance Coin (BNB)

• A cryptocurrency issued by the Binance exchange.
• Mainly used to pay transaction fees on Binance Exchange and obtain platform benefits.
• The market value is high and the trading volume is large.

4. Tether (USDT)

• A stablecoin pegged to the US dollar.
• The market value is very high and the trading volume is also large.
• As a medium for other cryptocurrency transactions, it stabilizes the volatility of the cryptocurrency market.

5. United States Coin (USDC)

• Another stablecoin pegged to the US dollar.
• Published by Circle, a US compliance firm.
• The market value is smaller than USDT, but the trading volume is growing steadily.

6. Solana (SOL)

• A high-speed, scalable blockchain platform.
• The market value is high and the trading volume is large.
• For DeFi, NFT and Web3 applications.

These mainstream coins constitute the majority of the market capitalization and trading volume of the cryptocurrency market. They have the maturity, stability, and widespread acceptance to become a reliable and popular choice in the cryptocurrency space.

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