According to CoinMarketCap there are currently over 5500 cryptocurrencies in existence. It is doubtful whether most of these will survive even just the next few years and many are in fact already “dead”. In other words, a large percentage of existing cryptocurrencies have flatlined in price and their development teams have likewise moved on to greener pastures. Many cryptocurrencies which exist today emerged in 2017-2018 when the world watched the epic Bitcoin bull run which brought an army of largely uninformed retail investors. As we know now, many of these projects fell short of their development goals or perhaps never delivered anything at all! Given so much choice, how can you figure out which cryptocurrencies will stand the test of time?
Before we continue, it’s important to note that we are not financial advisors. You should always do your own research and we hope this article will be a productive part of that research. That being said, we’ve put together a list of 10 cryptocurrencies which we believe will still be around in 10 years. Our criteria for evaluating this is devilishly simple: use-case. While cryptocurrency traders can often get lost in the data, it is a sobering thought to consider whether the asset you are investing in has any actual value to society outside of your TradingView terminal. A focused vision combined with practical application is what will stand the test of time, and what may in fact become the most valuable asset once cryptocurrency really starts to go mainstream.
Without further ado, we proudly present the top 10 cryptocurrencies that will survive the next 10 years!
1. Bitcoin (BTC)
Surprise! Bitcoin takes the number one spot for one simple reason: its reputation. Bitcoin is used synonymously with cryptocurrency whenever crypto is discussed by most mainstream sources. Being the “original” cryptocurrency, it has already existed for 12 years and has not only a dedicated investor base but also an immense development community. While there are some concerns regarding what might happen to Bitcoin mining when quantum computers become available to the average joe, the fact of the matter is that the development community can and will find a way to mitigate against any issues quantum mining may bring. With the last Bitcoin set to be mined in 2140, it doesn’t look like it will be going away anytime soon! What happens after that? That’s anyone’s guess.
2. Ethereum (ETH)
We swear this list isn’t copied from CoinMarketCap’s top 10 coins by market cap. Ethereum comes in second because of it’s almost unlimited potential. Similarly to Bitcoin, Ethereum has an impressive development team, with over 200 000 developers working on the project worldwide. In fact, Ethereum has twice as many active developers as Bitcoin. This should come as no surprise considering it is positioning itself to become the “world computer”. The fact that decentralized applications of all kinds can be built on its framework makes it a sort of development sandbox with almost limitless capability. Not only that but hundreds if not thousands of other cryptocurrencies are built from Ethereum as ERC-20 tokens. Even if Bitcoin were to die, it seems impossible that Ethereum would go down with it. These reasons are also why some consider Ethereum to be the ultimate cryptocurrency in terms of its longevity.
3. Basic Attention Token (BAT)
For those unfamiliar, BAT is the cryptocurrency used to reward user attention on the Brave browser whenever they view ads. The Brave browser is completely private by default – it blocks all ads, trackers, and any sort of data which websites use to track you. It has built in compatibility with Tor, the browser used to access unlisted websites on the dark web and has also partnered with DuckDuckGo as their search engine. Users can opt in to view ads in exchange for Basic Attention Tokens. Perhaps the most important feature of Brave is that it saves users data and battery power by blocking all of the ads and trackers which usually run in the background. Brave has seen a massive spike in adoption in the last year and shows no signs of slowing down. Even Joe Rogan is using Brave! Considering almost everyone on planet Earth uses the internet, Brave has the potential to become the world’s most used browser. As far as use-case goes, you can’t really beat that!
4. Theta (THETA)
Theta made the news recently when Google announced they had partnered with the project shortly after Samsung announced they would incorporate the Theta network by default into the next wave of smartphones which will be sold in North America. So, what does Theta do? Put simply, Theta allows for decentralized streaming that is fast and secure. It does this by pooling unused bandwidth from other users and rewards them in Theta tokens. In theory, it is possible that Theta will become the Netflix of the future, allowing not only for insanely high-quality streams of movies but also TV and E-sports. Fun fact: one of the co-founders of YouTube is part of their advisory board. With qualities like these, Theta may just become one of the biggest cryptocurrencies in the coming years.
5. Siacoin (SIA)
Siacoin is the current leader in the realm of decentralized data storage. It should be noted that there is no guarantee it will remain ahead of the pack in the years to come, but rest assured that some cryptocurrency related to data storage will still exist in 2030. Cloud storage is extremely popular and currently dominated by centralized giants like OneDrive, Dropbox, and Google Cloud Storage. It’s definitely not nice knowing that these companies have no scruples when it comes to peeking at user data. Despite their attempts to market themselves as secure and private, the only thing that is truly privately protected is what the hell they do with our data! Siacoin makes it possible to store your files in a secure, private, and decentralized manner for a very low fee. You basically rent hard drive space from users who are compensated in Siacoin. The cost of doing this is extremely cheap and much more affordable than legacy alternatives.
6. Orchid Protocol (OXT)
Orchid Protocol made the headlines when it was suddenly listed on Coinbase, one of the best-known cryptocurrency exchanges in the world. Like the last few cryptocurrencies, Orchid provides a very relevant service: it is a decentralized virtual private network (VPN). Existing VPN services are overwhelmingly centralized and most have questionable security, having experienced many data breaches in recent years. Worst of all, some such as HideMyAss have worked directly with law enforcement. Orchid provides an alternative that is not only decentralized, but also more secure and cost effective. Although Orchid is currently only available for mobile phones, desktop integration is expected to come sometime this year. Once the word gets out and assuming they can make their front-end extremely user friendly, Orchid stands a solid chance at making it to 2030 at the very least.
7. Monero (XMR)
As it so happens, Monero may be one of the only cryptocurrencies that is true to the ethos of the space. As a privacy coin, it is perhaps the most discreet option currently in existence for transferring value besides using physical cash. Consequently, it has come under fire from regulators around the world due to its widespread use by criminals. It has even been delisted from some exchanges as a result. As governments become more and more involved in our daily lives, it is questionable whether cryptocurrencies will remain outside of their watchful eyes for long, especially if the space wishes to see serious adoption. However, it seems that Monero will never play by their rules and that gives it a value which will last so long as people have a reason to fear being watched by a third party. It is not farfetched to assume that this fear, whether due to criminal behavior or genuine persecution, is something which will exist on this Earth well beyond 2030. In the absence of any real alternatives, Monero will still be alive and well for the foreseeable future.
8. Binance Coin (BNB)
Before you close this window and mutter “ugh! Another Binance shill!” we assure you that we are not at all affiliated with Binance (though we do wish we were). Binance is perhaps the single biggest name in cryptocurrency aside from actual cryptocurrencies. While it is possible that Binance as a centralized exchange may not exist in 10 years, some sort of ecosystem involving its native token is almost guaranteed to exist in some context. This could be a widely used decentralized exchange (DEX), lending platform, or even a revolutionary new application. For better or for worse, Binance is insanely influential in cryptocurrency. Heck, they own CoinMarketCap! On the bright side, their CEO Changpeng Zhao seems to be true to the cause of cryptocurrency. He seems dead set on doing everything in his power to keep the space alive and will certainly put at least as much enthusiasm into making sure Binance exists in some form well past 2030. So long as Binance exists, it is hard to see how BNB will disappear.
9. PAX Gold (PAXG)
Tokenization is one of the most valuable functions of cryptocurrency. Of all the tokenized assets you would want to have as part of your portfolio, some sort of tokenized gold would be somewhere at the top of that list. Paxos is one of the few cryptocurrency companies with a good reputation that is also regulated. You can buy tokenized gold through them in the form of PAXG which can be redeemed directly from them for physical gold (if you have enough of it) or converted into fiat and wired to your bank. What’s amazing is that you can actually search up your token and see which gold bar it is a part of. All the gold is stored in a Brinks vault in London, England. The advantage of this is that you have the liquidity of a gold exchange traded fund (ETF) while also having a claim to the underlying asset you are trading. Needless to say, some sort of tokenized precious metal will be around after 2030 and PAX Gold is the frontrunner by a long shot.
10. USDC (USDC)
We know what you’re thinking “wait, a stablecoin? Are you serious?”. Yes, we are serious! While it is almost inevitable that fiat currencies such as the US dollar will eventually yield to cryptocurrencies, it is extremely unlikely that this will happen any time before 2030. As such, until that fateful day comes, stablecoins will be around. USDC has gradually been moving up the ranks on CoinMarketCap and with good reason. It is one of the best regulated and audited stablecoins in existence and is owned by Circle, the same company which owns Coinbase. While this asset is certainly not as exciting at the others, given that it will on average lose 2-3% of its value each year due to inflation in tandem with the fiat currency it is pegged to, it is nonetheless guaranteed to last until fiat currencies go extinct.