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Top 4 blue-chip crypto coins to buy and stake


Top 4 blue-chip crypto coins to buy and stake

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Investors are turning to blue-chip cryptocurrencies like Tron, BNB, Mantra, and Sui for staking and potential gains. Tron boasts a staking yield of 4.48% and processes over $100 billion in daily Tether transactions. BNB, with a $20 billion staking market cap, is actively burned, reducing its supply and creating price upside. Mantra's price surged from $0.02 to $8, driven by growth in Real World Asset tokenization, while Sui's DeFi network has a total value locked of over $1.4 billion.

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Cryptocurrencies have proven to be some of the best investments in the last 16 years. Bitcoin has demonstrated that an asset’s price can move from less than $1 to $109,200 in this period. Instead, the S&P 500 index has jumped from $50 in 1950s to $6,115 today. 

Other cryptocurrencies have also done well in the past few years. For example, Mantra price has surged from below $0.03 in 2024 to $8 today. So, this article explores some of the best blue-chip crypto coins to buy and stake for big gains.

Best blue-chip crypto coins to buy and stake

Cryptocurrency investors are making substantial sums of money when their crypto token prices rise. On top of this, they generate strong returns by staking these coins. Staking is a process where they delegate their tokens to secure the network and then are rewarded for doing that. The most blue-chip crypto coins to buy and stake are Tron, BNB, Mantra, and Near Protocol.

Tron (TRX)

Justin Sun’s Tron is one of the best crypto coins to buy and stake for several reasons. It has a staking yield of 4.48%, making it higher than what US government bond yields and popular dividend ETFs offer. 

Tron also has strong fundamentals since it is the biggest network for stablecoin processing. It handles over $100 billion worth of Tether volume each day. To some extent, its volume is usually higher than that of Visa and Mastercard. 

Tron generates the most fees in the blockchain industry after Tether. It then distributes these fees to its stakers each month. Most importantly, Tron is highly deflationary, with its tokn burns being higher than those minted each day.

Binance Coin (BNB)

Binance Coin is another quality blue-chip crypto coin to buy and stake. It has a staking market cap of over $20 billio, a figure that has continued to grow in the past few months.

BNB price is a good coin to buy for several reasons. First, like Tron, it is a highly deflationary token thanks to its regular burns. It normally incinerates tokens worth over $1 billion each quarter as it seeks to reduce its circulating tokens from 144 million to 100 million.

Second, BNB is one of the most active blockchains in the crypto industry. For example, its DEX networks like PancakeSwap, Thena, and Uniswap handle over $20 billion worth of transactions each day.

Third, BNB price has formed a cup and handle pattern that points to more gains, potentially to over $1,000 soon. 

Sui (SUI)

Sui is another crypto coin to buy and stake for big returns. It has a staking yield of 2.54% and a staking market cap of over $24 billion, representing 77% of its market cap.

Sui is a good crypto coin to buy because of its recent growth trajectory that has seen it become one of the biggest players in the DeFi and gaming industries. Its DeFi network has a total value locked of over $1.4 billion and stablecoin market cap of $478 million. 

Sui’s price may continue rising as it attracts more developers and investors in its ecosystem.

Mantra (OM)

Mantra price has done well as it jumped from about $0.02 in February in 2024 to $8 today. It has jumped because of the growing momentum in the Real World Asset (RWA) tokenization industry. It hopes to be the dominant player in a sector that will have trillions in assets in the coming years. 

Mantra has a staking yield of almost 5% and a staking market cap of $4.8 billion or 31% of the total market cap. The challenge, however, is that Mantra has several airdrops that lead to more dilution. 

The post Top 4 blue-chip crypto coins to buy and stake appeared first on Invezz

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In This News

Coins

$ 64.19K

-4.61%

$ 0.333

-0.12%

$ 0.9990

+0.04%

$ 605.93

-6.01%

$ 2.51

-11.3%

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