Top 5 Ethereum Competitors and Alternatives in 2024

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In this article, we will discuss the top 5 Ethereum competitors and alternatives in 2024. If you wish to read our report about some of the largest players in the cryptocurrency market, you can proceed to the section highlighting the Top 15 Ethereum Competitors and Alternatives in 2024.

5. Ripple (XRP)

Market Cap as of April 14: $29.47 billion

Ripple (XRP) is one of the top 5 Ethereum competitors and alternatives in 2024 and is known for its low transaction fees and fast transaction speed. Ripple (XRP) was developed by Ripple Labs Inc. and is a real-time gross settlement system, currency exchange, and remittance network that can be used by financial institutions around the world. Unlike other cryptocurrencies, Ripple (XRP) cannot be mined and all coins currently in circulation were initially created by Ripple Labs Inc.

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