Cryptocurrency has emerged as one of the most profitable investment avenues in recent times. More and more investors are exploring opportunities in the crypto space and identifying currencies that can deliver strong returns over long periods.
While volatility remains high in the short run, some cryptocurrencies have demonstrated potential for stable growth when held for several years.
This article examines top cryptocurrencies that are preferred by long-term crypto investors.
Which Cryptocurrencies Are Preferred in the Long Term?
Bitcoin
As the first and largest cryptocurrency by market capitalization, Bitcoin has stood the test of time and proven its resilience over a decade.
While its price moves have been pronounced at times, Bitcoin has delivered an average annual return of over 200% since its inception. Its fixed supply and reputation as a store of value make it an attractive option for long-term portfolios.
Many experts believe Bitcoin's performance over the next 10 years could rival that of gold.
Ethereum
The Ethereum blockchain is the foundational platform for thousands of projects in the burgeoning decentralized finance sector.
This makes Ethereum one of the most influential networks in the cryptocurrency industry. Ethereum's potential extends beyond its native currency Ether as it aims to power a decentralized internet.
As developers continue to build on Ethereum, the ecosystem could expand exponentially, driving the coin's price upward over the long run.
Solana
With its ability to process thousands of transactions per second at a very low cost, Solana has emerged as the fastest blockchain in the market. It aims to solve problems faced by other platforms like Ethereum regarding scalability.
Several prominent projects have already been built on Solana and more are migrating due to its technical advantages. Its expanding ecosystem of DApps and NFT marketplaces positions it well for robust growth as the crypto industry matures.
Toncoin
Toncoin is the native cryptocurrency of the Telegram Open Network (TON). As a utility token powering one of the most widely-used messaging platforms, Toncoin has a huge potential user base of over 500 million Telegram users.
TON focuses on scalability, affordability and user experience - factors that are key for long-term success.
With continued support from the popular Telegram platform, Toncoin could scale significantly as a fast and low-cost network.
Aptos
Aptos was created by former Facebook employees and is tailored for payments, identity systems and more using a proof-of-stake framework. It aims to deliver Ethereum-level capabilities but with greater throughput and lower fees.
Aptos focuses on interoperability and scalability to support consumer-scale decentralized applications.
As it expands into new domains with an experienced team, Aptos appears well-positioned for adoption and growth in the long run.
Which Cryptocurrencies Do Big Investors Prefer?
Dogecoin
Known for its popularity on social media platforms, Dogecoin emerged as one of the hottest cryptocurrencies of 2021. Its rising popularity caught the attention of big investors like Elon Musk, making it appealing for speculation.
While still largely based on hype, Dogecoin continues to strengthen merchant adoption, giving it potential for long-term success as an alternative currency.
Shiba Inu
Shiba Inu gained overnight mainstream success and became one of the fastest-growing cryptos ever. Big investors have started accumulating Shib coins for its thriving fan base and real-world use cases in gaming and loyalty reward programs.
As it progresses on its goals, Shiba Inu could deliver high returns as a viral digital currency.
Avalanche
As a platform for launching custom blockchains tailored to specific uses, Avalanche focuses on interoperability. Several big-name projects now operate on Avalanche due to its speed, affordability and flexibility.
Avalanche aims to power the decentralized economies of the future, with backing from major investors, giving it strong fundamentals.
Chainlink
Chainlink pioneered the concept of oracles that fill the gap between blockchains and real-world data feeds, events and payments. It is building critical infrastructure for the smart contract economy and is capitalizing on growing adoption by major companies.
Chainlink's expanding network of application-specific nodes is attracting rising institutional support.
Stacks
Stacks combines Bitcoin's security with the programmability of smart contracts. It delivers a more user-friendly and permissionless experience than Ethereum.
As a fully decentralized network, Stacks empowers individuals globally while gaining traction from influential backers like Blockstack. This positions it well as a long-term smart contract competitor.
Which Cryptocurrency is the Most Profitable in the Long Term?
NEAR Protocol
The NEAR Protocol platform has enjoyed exponential growth since its launch due to its speed, scalability and ease of use. It has brought thousands of developers to its ecosystem and attracted capital and attention from top firms.
As a frontrunner for next-gen applications, NEAR's combination of technical prowess and expanding community puts it in a strong position.
Polygon
Polygon provides a second-layer scaling solution to Ethereum that enables faster and cheaper transactions. Its rising adoption by top decentralized applications has led it to compete keenly with other smart contract chains.
Polygon's success could continue long term as it assists in mass adoption of decentralized technologies.
Uniswap
As the most popular decentralized exchange, Uniswap revolutionized the crypto trading landscape. It continues to capture impressive volumes by facilitating seamless swaps.
Uniswap's non-custodial model has appealed to long-term holders and generated income from fees. Its proven product-market fit bodes well as decentralized finance matures.
Pepe
Launched as a joke meme coin in 2023, Pepe surprised the crypto community by continuing to attract investors through hype and active marketing pushes. It shows even perceived-value coins can find surprising longevity if driven by dedicated communities, marketing and hype beyond initial novelty.
Hedera
The Hedera network focuses explicitly on security, stability and governance, appealing to enterprises. Its Hashgraph consensus mechanism delivers high throughput with minimal energy use.
Hedera has built an extensive governing council and user base, propelling it as a go-to platform for real-world applications. Its strong fundamentals position it to grow exponentially in the long run.
How to Invest with Cryptocurrencies?
Now that cryptocurrencies have established themselves as a legitimate investment avenue, you may be considering how to gain exposure to their potential returns.
Jetonbank offers a variety of crypto services for investors seeking prudent long-term growth.
As a trusted digital bank, Jetonbank offers corporate banking services to clients worldwide. Its crypto offering includes crypto banking that facilitates investment in top cryptocurrencies like Bitcoin, Ethereum, Solana, and more through your bank account.
By partnering with regulated exchanges and using advanced security measures, Jetonbank empowers clients to seamlessly invest in and hold cryptocurrencies with banking-level convenience and protections.
Its tailored portfolio strategies also assist clients in constructing diversified crypto holdings for different risk profiles and time horizons.
Whether gaining fully managed exposure or self-directing your investments, Jetonbank equips you with powerful tools to profit from promising long-term cryptocurrencies.
Begin your crypto journey today with a partner focused on supporting your financial goals responsibly.
Most Purchased Cryptocurrencies in 2024
While volatility continues in the crypto markets, some coins have clearly proven their staying power.
Based on data on trading volumes and buy orders throughout the year, the following four cryptocurrencies are shaping up to be the most purchased cryptocurrencies in 2024:
Bitcoin
As the foundational cryptocurrency, Bitcoin remains highly sought after for its brand value. Over 60% of institutions plan to hold Bitcoin according to a recent survey.
Ethereum
The growth of decentralized applications has driven huge interest in Ethereum. Its transition to proof-of-stake makes it more eco-friendly and scalable.
Solana
With ultra-fast speeds and low fees, Solana is expanding its footprint in key areas like payments and entertainment. It outperforms Ethereum on throughput.
Pepe
Meme origins aside, innovative features may drive Pepe to unexpected heights as mainstream exposure accelerates.
The above four cryptocurrencies have demonstrated staying power through prolonged bull and bear cycles. Their wide adoption across both individual and institutional investors will likely see continued buying momentum in 2024 and beyond.
Diversifying into these proven long-term plays could be a prudent strategy.
For experienced and novice cryptocurrency investors alike, Jetonbank eliminates several points of risk compared to going it alone on anonymous peer-to-peer platforms or unregulated exchanges.
The ability to manage crypto through regulated bank accounts opens up passive investment strategies like dollar cost averaging that were previously challenging to implement for retail users.
