On the Ethereum blockchain, ether is the cryptocurrency. Similar to Bitcoin, Ether runs on a separate blockchain; but, unlike Bitcoin, Ether has no cap, so an endless amount of coins might be created.
As of 2024, BNB stands for the largest cryptocurrency exchange globally, Binance Coin. Users who opt to pay in BNB will pay lower transaction costs for this trade.
Running on the Ripple network, XRP has been dubbed a “cryptocurrency for banks” due to its specific design to meet the requirements of the financial services sector.