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- The highest 5 safety tokens primarily based on market cap are BNB, ADA, SOL, TRX, and MATIC.
- Description of safety tokens relies on how the SEC qualifies them.
- Most initiatives behind the listed safety tokens have denied being securities.
The highest 5 safety tokens primarily based on market capitalization embrace BNB, ADA, SOL, TRX, and MATIC. The tokens’ description as “safety tokens” relies on allegations made by the USA Safety and Alternate Fee (SEC). Nevertheless, most initiatives behind the listed tokens have denied being securities.
BNB (BNB)
In response to CoinGecko, the famend cryptocurrency information aggregation platform, BNB, the cryptocurrency that powers the BNB Chain ecosystem, is essentially the most capitalized among the many safety tokens. BNB’s market cap on the time of writing was $37.2 billion. It had a circulating provide of 153,856,150 BNB, which additionally represents its complete provide. BNB’s worth on the time of writing was $242.01.
Cardano (ADA)
ADA is the native token for the Cardano community, a proof-of-stake blockchain that helps decentralized purposes (dApps). ADA’s market cap on CoinGecko is $10.2 billion, and its circulating provide is 35,045,020,830 ADA out of a complete provide of 45,000,000,000 ADA. Cardano’s (ADA) ranked within the ninth place amongst all of the crypto tokens listed on CoinGecko and traded at $0.29 on the time of writing.
Solana (SOL)
Solana is a layer-one blockchain answer well-known for its pace and inexpensive value. Its market cap is $9.36 billion, with a circulating provide of 405,749,442 SOL. Solana’s (SOL) has a complete provide of 554,402,325 whereas buying and selling at $23.09 on the time of writing.
TRON (TRX)
TRX is the native token for TRON, a blockchain-based decentralized working system. It’s the 4th ranked securities token on CoinGecko. TRX has a circulating provide of 89,546,225,245 tokens out of a complete provide of 89,546,357,429 TRX. One TRX bought for $0.077 on the time of writing.
Polygon (MATIC)
Polygon is a layer-two scaling answer that runs on Ethereum. Its native token, MATIC, has a market cap of $6.26 billion, as recorded on CoinGecko. MATIC has a circulating provide of 9,319,469,069 tokens and a complete provide of 10,000,000,000 MATIC. CoinGecko information confirmed that MATIC traded at $0.67 on the time of writing.