3 Proven Large-Cap Coins With Actual Real-World Utility (2024)

There’s a strong argument to be made that the cryptocurrency market is as strong as ever based on the fear and greed index. However, rather than focusing on the temperature of the market we will be focusing on utility. Real world utility continues to be the differentiating hallmark between large-cap cryptos with futures and those without. The crypto winter put an end to rampant speculation and forced crypto projects to focus much more on real world use cases. Investors quickly understood the danger in playing in the highly speculative world of large-cap cryptos where useless memes led to overnight riches for some but broken dreams and substantial losses for many more. Utility will continue to be in fashion and that makes these projects worthwhile.

Ethereum (ETH-USD)

3 Proven Large-Cap Coins With Actual Real-World Utility (1)

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Ethereum (ETH-USD) is the second most valuable cryptocurrency for a reason, deep utility. I would argue that Ethereum is even more valuable than Bitcoin (BTC-USD) for that reason. If you’re looking for pure utility then Ethereum has to be your first choice.

Ethereum is the dominant force in smart contracts and web3 development and has carved out a very strong market share overall. Smart contracts are programs stored on blockchains that execute a function when certain conditions are met. In other words, in order for anything to happen in the cryptocurrency space, a smart contract is necessary.

Everything that is being developed in the cryptocurrency space is in some form depending upon a smart contract. Thus, Ethereum’s dominant position makes it one of the most utilitarian firms overall.

That isn’t to say that ETH is without problems. It clearly has efficiency and speed problems. However, given its size, it’s reasonable to anticipate that enough resources will be directed toward rectifying those issues that they will be solved.


XRP (XRP-USD) is a cryptocurrency that clearly has high utility and easy to understand use cases in the real world. It’s also the 6th most valuable cryptocurrency overall at the moment meaning that it’s certainly large cap. So, what does it do? XRP’s Main utility is in cross border payments. Individuals and institutions use it to instantaneously transfer funds as fiat or crypto between jurisdictions.

The project is inherently easier to understand than many other cryptocurrency projects. The world is very much used to the idea of sending money from a financial institution in one country to a financial institution in another. And, the transfer of the money from one nation’s currency to another as part of that process.

That’s a much easier use case to understand than blockchain, NFTs and any other number of esoteric cryptocurrency-related ideas. XRP hasn’t surged above a dollar as many expected, despite winning against the SEC but that doesn’t mean it has any less utility overall.

Bitcoin (BTC-USD)

3 Proven Large-Cap Coins With Actual Real-World Utility (3)

Source: kitti Suwanekkasit / Shutterstock.com

Bitcoin (BTC-USD) Is listed last here for a reason, its utility is controversial. Put more succinctly, many wonder if Bitcoin has any utility at all. It’s easy to make arguments either way in that regard.

Naysayers will say that Bitcoin is nothing more than a Ponzi scheme which has grown wildly out of control. Those who are more optimistic will note that fiat currencies are valuable because of the same decree, the masses have accepted it as being valuable.

Whatever the case it is clear that Bitcoin has become an accepted store of value. Its price is a real representation of that fact. It certainly has real world utility in the fact that you can use it to buy fiat dollars, for one, but also as a means of transaction by itself. The list of goods and services that one can directly buy using Bitcoin continues to grow. That’s as a real world as value gets and gives BTC an edge when compared to other large-cap cryptos.

On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.

3 Proven Large-Cap Coins With Actual Real-World Utility (2024)


What cryptos actually have utility? ›

Ethereum. My top utility crypto is Ethereum (ETH 0.99%). It offers a highly diversified blockchain ecosystem and plenty of everyday ways to put your crypto to use. For example, you could use your Ethereum to buy a non-fungible token (NFT) that has been minted on the Ethereum blockchain.

Which coin has the most utility? ›

The Best Utility Coins to Buy
  • Ethereum (ETH) – The world's leading smart contract blockchain.
  • Arbitrum (ARB) – A leading layer-2 solution for Ethereum and ERC-20 tokens.
  • The Sandbox (SAND) – Metaverse crypto used to purchase virtual land NFTs.
6 days ago

Which coin will boom in 2024? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Bitcoin (BTC)$1.3 trillion$66,089
Ethereum (ETH)$359 billion$2995
Binance Coin (BNB)$85 billion$580
Solana (SOL)$72 billion$162
6 more rows
6 days ago

What is the next cryptocurrency to boom? ›

Dogeverse – Most Likely Next Crypto to Explode, Multi-Chain Meme Coin With 600% APY. Dogeverse is the latest dog-themed meme coin that looks set to explode in 2024. This multi-chain meme coin has been released to coincide with the upcoming 'Doge Day' on 20th April.

Which crypto can give 1000x in 2024? ›

What coins will 1000x in 2024? Some of my top 1000x crypto picks include Dogeverse, Slothana, and Mega Dice Token. These three picks are currently in presale, so you'll get the lowest price possible.

Which crypto will boom like bitcoin? ›

Best Altcoins for Next Bull Run
CoinMarket CapitalizationCurrent Price
Ethereum (ETH)$352.50 billion$2987.52
Solana (SOL)$59.55 billion$143.65
Dogecoin (DOGE)$0.1294$0.147
Cosmos (ATOM-USD)$8.94 billion$9.02
3 more rows
May 9, 2024

What is the next 1000x crypto? ›

Which crypto can give 1000x in 2024? There are several 1000x potential cryptos today, and all of them are on our list. Some of the top contenders are Dogeverse, Sealana, WienerAI, Mega Dice, 99Bitcoins, 5th Scape, Sponge V2, etc.

Which crypto has potential to reach $1000? ›

However, some coins with strong fundamentals, innovative technology, and a growing community may have the potential to reach such values in the future. Coins like Ethereum, Cardano, Polkadot, Solana, and others have been mentioned in discussions about long-term potential.

Which cheap coin is best to invest in? ›

The Top Cheapest Cryptos to Buy in 2024
  • Ripple (XRP) – A popular crypto that enables cross-border payments.
  • Shiba Inu (SHIB) – One of the top meme coins with a market cap of over $18 billion.
  • Stellar (XLM) – A well-established crypto that enables super-fast transactions.

Which coin will boom in 2030? ›

Top 10 altcoins Next Bull Run prediction in 2030.
  • Ethereum (ETH) - $1677 - [2030 yers - $5000 Eth] ...
  • Binance Coin (BNB) - $219 - - [2030 yers - $1000 Bnb] ...
  • XRP (XRP) - $0.52 - [2030 yers - $2 XRP] ...
  • Cardano (ADA) - $0.26 - [2030 yers - $1 Ada] ...
  • Dogecoin (DOGE) - $0.06 - [2030 yers - $2 Doge]
Oct 23, 2023

Which coin is next bitcoin? ›

1. Ethereum (ETH) The first Bitcoin alternative on our list, Ethereum (ETH), is a decentralized software platform that enables smart contracts and decentralized applications (dApps) to be built and run without any downtime, fraud, control, or interference from a third party.

What is the most trusted cryptocurrency? ›

Bitcoin (BTC)

Roughly 15 years after its creation, bitcoin is still by far the most popular and valuable cryptocurrency in the world.

Which cheap crypto will explode? ›

  • Hedera (HBAR) Hedera Hashgraph (HBAR) stands out in the blockchain technology space due to its unique hash graph consensus mechanism that promises high throughput, low fees, and minimal energy consumption. ...
  • Pepe (PEPE) ...
  • BitTorrent [NEW] (BTT) ...
  • eCash (XEC)
Apr 19, 2024

Which cryptocurrency will reach $10,000? ›

Several analysts have forecasted an increase in Ethereum's (ETH) value, predicting that the cryptocurrency could reach $10,000 by the end of the year.

Which crypto will skyrocket in 2025? ›

Some analysts predict that Ethereum could reach new all-time highs of $15k in 2025, potentially surpassing its previous peak in case the ETH approvals are approved.

Do crypto tokens have utility? ›

A utility token is a type of cryptocurrency that has a specific purpose within a Blockchain ecosystem. It's called a “utility” token because its primary function is to provide access to a particular product or service on a Blockchain platform.

Does crypto have utility? ›

Utility tokens are simply that: cryptocurrency assets which are designed to serve a specific use case (or use cases). In most cases, utility tokens are built with a particular platform or program in mind.

Does XRP have any utility? ›

XRP's Main utility is in cross border payments. Individuals and institutions use it to instantaneously transfer funds as fiat or crypto between jurisdictions. The project is inherently easier to understand than many other cryptocurrency projects.

Does Cardano have utility? ›

Digital apps: As part of decentralized finance, Cardano can enable lending, trading, asset management, insurance and other typical financial services.

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