We've started 2021 and the change brought about by cryptocurrencies is significant and appears to be here to stay. The digital economy is gaining increasing importance in innovations like this.

Following the 2020 economic crisis due to the impacts of the pandemic, many people are still wondering: Which projects have the best chances of success? Could the exorbitant price increases of 2020 continue? What is the best place to invest intelligently and reduce the chance of failure while increasing your profit potential? Which cryptocurrency projects will reach the top in 2021?

Before we talk about this ranking, let's learn more about the cryptocurrencies that are revolutionizing accounting technology.

But what exactly is a cryptocurrency?

Cryptocurrencies are nothing more than virtual monetary units.

The fact that it is virtual and not linked to any institution results in three major differences from traditional currencies:

First, decentralization, meaning they don't require any central bank or state to exist, due to being accessible to any user with internet access, has made cryptocurrencies the biggest revolution in banking transaction processes.

Secondly, cryptocurrency price fluctuations occur in line with the economy itself.

And finally, the technology that guarantees the security of transactions. The Blockchain system, a kind of electronic ledger, records transactions by storing them in a shared space where they cannot be deleted. The impacts of blockchain for accounting firms are significant. Instead of private management of accounting books in their databases, all administration is done simultaneously in a shared ledger. And the best part: in real time! From this, the technology allows for the updating of billing methods, documentation, and tax payment processing for both large and small companies.

Now that you know a little about the subject, let's move on to our ranking of the 10 most promising cryptocurrencies for 2021.

1. Chainlink (LINK)

2020 was a revolutionary year for Chainlink (LINK). In Benjamin Cowen's list of cryptocurrencies with the highest ROI from March to December 2020, Chainlink ranked first in the oracle provider segment and reached the top 10 cryptocurrencies.

The robust development of the ecosystem and the growing adoption in various areas of the global economy are just some of the fundamental reasons that make Chainlink an increasingly fast-paced company. If this trend continues, we can expect LINK to be one of the dominant cryptocurrencies in 2021.

2. VeChain (VET)

Supply chain management is a blockchain technology niche for VeChain (VET). Its goal is to use decentralized management and the Internet of Things (IoT) to create an ecosystem that oversees multiple supply chains. VeChain brings innovation to an industry that has remained stable over the years. Companies seeking to increase transparency, control, and efficiency are looking to introduce blockchain technology into their businesses. The cryptocurrency achieved a 1.478% profit followed by a correction of approximately 63%. With a record ROI in 2020, there is a good chance for VET to remain in the ranking of the TOP 10 promising cryptocurrencies of 2021.

3. Cardano

Cardano has a complex development roadmap that divides the entire history of testing, launching, and network adoption into five development eras: Byron (foundation), Shelley (decentralization), Goguen (smart contracts), Basho (scaling), and Voltaire (governance). We are currently in the second era, but intensive work is already underway to implement the Goguen era by the end of February 2021.

ADA's price action results in 2020 give it a solid third place, after LINK and VET, among high-cap rated projects that have provided investors with the highest return.

Cardano could be the project that delivers exceptional results in 2021, not only in technology but also in investments.

4. Polka dots (DOT)

Polkadot (DOT) is an open-source sharding protocol that allows the transfer of data and tokens between different blocks on the blockchain. It is characterized by its aim to create a fully decentralized and private network for the development of applications and services. Its native token, the DOT, serves three purposes: network governance, operations, and the creation of parachains (parallel chains) through linking.

Polkadot is on track to join the ranks of the most important cryptocurrency projects in 2021.

5. Bitcoin

We continue this ranking with the king of digital assets: Bitcoin (BTC). Created in early 2009 by Satoshi Nakamoto, the first cryptocurrency is, in fact, a distributed and decentralized ledger where users send funds directly to each other, end-to-end, without an intermediary.

There's no need to convince anyone who's been in the crypto sphere for a while that investing in Bitcoin is profitable. BTC recently surpassed its 2017 all-time high, exceeding $20.000. To date, Bitcoin is considered one of the most profitable assets in history.

6. Ethereum (ETH)

Unlike Bitcoin, the Ethereum blockchain is a decentralized system that serves as a platform for many other cryptocurrencies and the development of smart contracts. Ethereum's goal is to build a global network for decentralized applications (dApps) that allows for the writing and execution of software that would be immune to fraud.

Everything indicates that investor interest in 2021 will not be limited to Bitcoin alone, but will also be redirected to Ethereum.

7. Uni swap (UNI)

Uniswap is the leader among decentralized exchanges in many respects. Its total value locked (TVL) is worth US$1,47 billion. Users have already created 600.000 DeFi-related addresses.

Although the DeFi market boom collapsed along with the considerable drops in early September last year, there are many indications that the growth in popularity of this industry will continue in 2021.

8. Binance Coin (BNB)

Launched in China in July 2017, Binance has the highest trading volume, offering access to hundreds of cryptocurrencies. It was founded by Changpeng Zhao (CZ).

Binance has had a major impact on the cryptocurrency market for years.

The growth prospects of this project inevitably impact its native token, Binance Coin (BNB), likely a great investment choice. An additional advantage of holding BNB is the reduction in trading fees on Binance and the possibility of using it to purchase other tokens in periodic sales campaigns.

9. Tezos (XTZ)

Tezos (XTZ) created its own blockchain network for smart contracts with the goal of evolving. One of its tasks is to avoid the mistakes of Ethereum and Bitcoin, allowing for hard forks. Adaptability, an open structure, and the influence of validators (bakers) on the network are its main advantages, making Tezos an excellent investment option in 2021.

10. Stellar (XLM)

Stellar (XLM) is a blockchain network for storing and transferring money. It was created in 2014 to increase financial integration in different regions of the world and help companies exchange value. Its all-time high (ATH) of $0,94 in January 2018 is still quite distant, indicating significant growth potential in 2021.

We have listed above just 10 of the top cryptocurrencies with the best investment potential for 2021. The cryptocurrency space still has many promising projects, and we have only revealed a sample of its enormous potential in recent months.

We remind you that your investment choices in the cryptocurrency landscape should be made carefully, individually, according to your own expectations, preferences, and analysis. Even so, we believe that 2021 will be a unique and interesting experience for the cryptocurrency market.

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