The top five security tokens based on market capitalization include BNB, ADA, SOL, TRX, and MATIC. The tokens’ description as “security tokens” is based on allegations made by the United States Security and Exchange Commission (SEC). However, most projects behind the listed tokens have denied being securities.
BNB (BNB)
According to CoinGecko, the renowned cryptocurrency data aggregation platform, BNB, the cryptocurrency that powers the BNB Chain ecosystem, is the most capitalized among the security tokens. BNB’s market cap at the time of writing was $37.2 billion. It had a circulating supply of 153,856,150 BNB, which also represents its total supply. BNB’s price at the time of writing was $242.01.
Cardano (ADA)
ADA is the native token for the Cardano network, a proof-of-stake blockchain that supports decentralized applications (dApps). ADA’s market cap on CoinGecko is $10.2 billion, and its circulating supply is 35,045,020,830 ADA out of a total supply of 45,000,000,000 ADA. Cardano’s (ADA) ranked in the 9th position among all the crypto tokens listed on CoinGecko and traded at $0.29 at the time of writing.
Solana (SOL)
Solana is a layer-one blockchain solution famous for its speed and affordable cost. Its market cap is $9.36 billion, with a circulating supply of 405,749,442 SOL. Solana’s (SOL) has a total supply of 554,402,325 while trading at $23.09 at the time of writing.
TRON (TRX)
TRX is the native token for TRON, a blockchain-based decentralized operating system. It is the 4th ranked securities token on CoinGecko. TRX has a circulating supply of 89,546,225,245 tokens out of a total supply of 89,546,357,429 TRX. One TRX sold for $0.077 at the time of writing.
Polygon (MATIC)
Polygon is a layer-two scaling solution that runs on Ethereum. Its native token, MATIC, has a market cap of $6.26 billion, as recorded on CoinGecko. MATIC has a circulating supply of 9,319,469,069 tokens and a total supply of 10,000,000,000 MATIC. CoinGecko data showed that MATIC traded at $0.67 at the time of writing.
