The Best Cryptocurrency to Buy With $500 Right Now

Cryptocurrencies are disconnected to a unsmooth commencement this year. The Federal Reserve has go much hawkish, which has been a headwind for the sector. Additionally, semipermanent crypto holders and whales look to beryllium much apt to merchantability and fastener successful tremendous gains from caller years. All this has enactment unit connected the sector, contempt a much-improved regulatory environment.

However, this could besides contiguous a important accidental to bargain the dip. After all, crypto is inherently volatile and has survived galore drawdowns successful the past, lone to deed caller highs.

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While thousands of cryptocurrencies are present successful circulation, lone a fistful are worthy of investment, successful my opinion. The champion 1 to bargain with $500 close present is Ethereum (CRYPTO: ETH), the second-largest cryptocurrency successful the world, with a marketplace headdress of implicit $343 billion.

Several years ago, Ethereum adopted a caller energy-efficient statement mechanism, proof-of-stake (PoS), to govern its network. In PoS, Ethereum holders involvement their tokens to validate transactions and make caller blocks, earning rewards successful the process. Ethereum's web besides supports astute contracts, enabling developers to physique decentralized applications for a scope of usage cases.

Transacting stablecoins has go 1 of these usage cases. Stablecoins are integer assets backed by a currency oregon commodity. They're intended to usage blockchain exertion without carrying the inherent hazard of cryptocurrencies. For instance, stablecoins pegged to the U.S. dollar tin connection radical a precise businesslike mode to transportation wealth internationally.

Ethereum has go the go-to spot for stablecoin transactions. In the 4th fourth of 2025, Ethereum's web recorded $8 trillion successful stablecoin transactions, according to information from Token Terminal. Stablecoin issuance connected Ethereum besides accrued astir 43% to implicit $180 cardinal by the extremity of 2025, according to Blockworks.

It's besides evident that involvement successful stablecoins is growing, with galore mainstream companies exploring the exertion for their respective businesses, including ample banks, Amazon, and Uber. As much companies follow stablecoins, astir of which are issued connected Ethereum, web enactment should grow, driving greater request for Ethereum tokens.

Additionally, Ethereum has not enjoyed the aforesaid emergence successful caller years arsenic Bitcoin, the world's largest cryptocurrency. Part of that is apt owed to Bitcoin's integer golden narrative, which astatine times has led the token to interruption retired from the sector.