Top Tier Cryptocurrencies – Part 4

Posted on November 25, 2019

By Natalie Lord

In recent weeks we have explored the ten top tier cryptocurrencies in the market currently. In a sea of more than 2000 digital currencies, narrowing down the top few and understanding how they operate can provide invaluable knowledge, helping to ensure you invest to your advantage.

So far we’ve looked at Bitcoin, Bitcoin Cash, Litecoin and Dogecoin, Ethereum and BAT. Today we end the series by looking at Ripple XRP, NEO, EOS and Stellar.

A sensible way to start a cryptocurrency portfolio is to buy into several digital assets across varying price bands that operate in different ways. In this way you layer your exposure and are not susceptible to the volatility of one or two currencies alone. Of those cryptocurrencies we’ve already looked at, this is easily achievable. Now you have four more to choose from.


Ripple is a real-time gross settlement system that also supports fiat currency, cryptocurrency, and commodity exchanges and remittances, amongst other units of value like frequent flier miles or mobile minutes. The cryptocurrency of the platform are Ripples and use the abbreviation XRP. Ripple was created by Ripple Labs, a US-based technology company, in 2012.

Ripple relies on a common shared ledger, which is a distributed database that stores information about all Ripple accounts. The network is managed by a group of independent validating servers that continuously compare transaction records. The servers could belong to anyone from banks to market makers. Ripple validated accounts and balances instantaneously for payment transmission and delivers payment notifications within a few seconds. Payments are irreversible and there are no chargebacks.

Increasingly, Ripple has been adopted by banks and payment networks as settlement infrastructure technology because of the payment speed within the network, stability of the technology, and the ability to use its coin as a bridge currency. At present, more than 200 organisations use Ripple including Santander Bank, UBS, UniCredit, American Express, Itau, Standard Chartered and CIMB Bank.

Ripple is widely considered to be faster, more reliable and less volatile than other cryptocurrencies. In its time, it’s seen growth of around 36000% and was voted the best cryptocurrency to invest in both in 2017 and 2019.


NEO was launched in 2014 as Antshares and was the first open-source public blockchain in China. NEO enables the development of smart contracts and assets on its platform. The group is built on the Ethereum model but aims to be recognised as the platform of choice for the new smart economy.


EOS is another cryptocurrency that models itself on Ethereum. EOS is credited with being the first blockchain operating system that offers decentralised applications that live on the blockchain alongside parallel processing that enables faster transaction speeds and better scalability than some other competitors. An added bonus is that transactions on the EOS network are free where others, including Ethereum, have a transaction fee for transferring coins of tokens from one wallet to another.

Stellar (XLM)

Stellar has certainly proved to be a stellar performer with growth of about 30000% in 2017. It was launched in 2014 by Jed McCaleb, Ripple’s co-founder, and like Ripple it’s a transaction network for fast and efficient cross-border money transfers.

There will inevitably be differing opinions on which the top ten tier cryptocurrencies are, with some degree of variation, but you’re guaranteed to see those we’ve mentioned crop up again and again listed as winning cryptocurrencies for one reason or another.




Kryptos-X is a proud member of


Singapore Cryptocurrency and Blockchain Industry Association

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