In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on whether BTC will soar to $100K by 2024.

The extreme volatility of Bitcoin and periods of strong growth throughout its history have created substantial wealth for many investors. Bitcoin breached $70,000 earlier in 2024, and many investors are eagerly awaiting price movement to $100,000.

, we ask, “Will Bitcoin Soar to $100K by 2024?”

, provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Sep 11, 2024 were four distinguished guests:

Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores if Bitcoin’s price will reach $100K by 2024.

Bitcoin's Journey — Looking Back to Look Forward

At the start of the livestream, Michael Ionita created an automated trading order to demonstrate how easy it is. It remained running in the background until the end of the stream, when our guests reviewed the order.

Throughout the years, Bitcoin’s price has been influenced by the Jackson Hole Economic Symposium, government policy, ETF applications and other factors. Henrique Centieiro stated that short-term macroeconomics are impacted by the Federal Reserve. The economy is currently relatively shaky, and he anticipates more money will be printed. When this last took place, the stock market shot up, and Bitcoin’s price increased substantially. Centieiro attributes this to the level of increased money in circulation.

Referring to a chart that shows a correlation between lowered U.S. interest rates and Bitcoin’s price, Ionita demonstrated that increased money supply has boosted Bitcoin’s prices.

Jerry Li is bullish over the next six months. He reminded us that inflation weakens both the U.S. dollar and purchasing power, and as interest rates drop, he sees a correction in the crypto market that will positively affect Bitcoin’s price.

Centieiro stated that some people will take profits during the rate adjustment. He believes that the next month may be bearish, but there will then be a bull rush.

Ionita said that the market has been impacted by Russia’s new Bitcoin policy, asserting that this is bringing more funds into Bitcoin. However, many people in Russia are holding Bitcoin on a short-term basis because they’re making purchases with it. This makes Russia’s policy impact both bullish and bearish: Ionita maintains that other countries may act on this by prohibiting or limiting Bitcoin because of world events.

Meanwhile, Centieiro stated that the amount of money being kept on exchanges is at an all-time low, which means people are holding for a longer period of time. Bitcoin miners continue to invest in mining equipment. In addition, Michael Saylor has stated that Bitcoin’s price will reach 

Li drew attention to the fact that recently, hash power has increased dramatically, which is attributable to the entrance of more people and countries into the crypto market.

Ionita described the Bitcoin Spot ETF rally of 100%, attributing it to massive public interest. He believes BTC’s price is being heavily restricted because of this huge interest, and expects its price to rise by the end of October, based on the interest in Bitcoin Spot ETFs.

Centieiro said that there’s a lag as money managers decide whether to invest or not. Adding Bitcoin to a fund, even in small amounts, increases diversity and lower risks. He believes this is a win-win situation for money managers.

Li reminded us that Bitcoin will definitely reach $100,000 at some point, but nobody knows when. The upcoming U.S. election may drive its price up, but it could also bring greater volatility. Other catalysts may drive the price up as well.

Ionita referred to his screen again, saying that it’s hard to predict a price for something with multiple variables. However, he referred to the Fibonacci cycle for the current market, which reveals a Bitcoin price prediction between $200,000 to $300,000, adding that it’s impossible to predict the time frame. The average cycle time, however, is 1,069 days, which would extrapolate to the end of October 2025, but this time frame is fuzzy. He believes $200,000 is realistic for the cycle.

Centieiro described some price movement obstacles that have prevented Bitcoin’s price increase or slowed the time frame for BTC hitting $100,000 — the uncertainty of the U.S. election, for one. He also referred to a chart showing a lower flow in market-based mining activity. This indicates a type of magnet for the price. Centieiro also introduced a power log that shows BItcoin’s price should currently be around $90,000. He believes the current price is a pressure cooker, and the price will therefore greatly increase.

Zitane said the main risks that could stymie BTC price growth are regulatory uncertainty, economic instability and military conflicts, among others, directly affecting BTC’s price.

Ionita added that investors should get out of any risky asset in a downturn in order to prevent loss. He stressed the importance of understanding that both BTC and the U.S. dollar are preferred as investments in different situations, and showed a graph indicating that dollar-cost averaging (DCA) isn’t a wise approach for risky assets.

Li, however, stated that he uses DCA. He believes it’s a healthy strategy over a long period of time, due to his confidence that Bitcoin’s price will eventually go back up after a dip.

Centieiro agreed with Ionita that it’s not advisable to use DCA for an asset that’s going to zero. However, he doesn’t believe that Bitcoin will ever go to zero. Centieiro believes in DCA as a solid, long-term strategy to smooth out BTC market volatility.

Zitane has a simple strategy: he only uses DCA. He makes a purchase, and then buys again if the price goes down. He pays attention to the news, keeps buying when the price goes down and continues to reduce his average price.

Ionita reminded us that you can make more money with manual trading if you know what you’re doing. Most people aren’t professional traders, though, and can get wrecked in a bear market if they don’t stay on top of things. He recommends that these traders use an automated algorithm.

Smart Trading — Entering and Exiting with Confidence

Centieiro explained how he enters a trade: he buys BTC and holds it for at least a few years, looking for a relatively cheaper price as compared to previous prices. This is determined by a look at the 200-day moving average. He also looks at the Crypto Fear & Greed Index. Centieiro explained that investors must decide how long they plan to hold BTC 

 buying it. He invests a portion of his investment amount at one time, and spreads the rest of his investment out over several weeks.

Ionita, however, holds his BTC over several months. He looks at Fibonacci and other charts to invest funds in BTC and several other assets, based on risk. He maintains a specific allocation, with more allocation to the least risky assets.

This session of the Learn 101 livestream highlighted “Will Bitcoin Soar to $100K by 2024?”

As part of the livestream, Bybit is holding an 

 that offers you a chance to participate in our pop quiz and win a share of 300 USDT in airdrops. The event period is through September 18, 2024, 11:59PM UTC.

Stay tuned for more discussions on the dynamic world of cryptocurrencies!

Intermediate

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Learn Live ICYMI: Will Bitcoin Soar to $100K by 2024?

Self Chain (SLF) is a Layer 1 network that provides a cross-chain keyless wallet solution, along with modular intent-based transaction execution capabilities.

 can be tedious and frustrating, especially for beginners. At the same time, careful private key management is crucial if the user wants to avoid security breaches or the loss of access to their wallet. 

Wouldn't it be great if you could transact securely on blockchains using your social media logins while also enjoying the cryptographic protection features provided by crypto wallets? And without the need for private key or 

This is exactly what Self Chain (SLF), an innovative 

 blockchain project, offers to the crypto user community.

multi-party computation — threshold signature scheme

 (MPC-TSS), Self Chain offers keyless wallet services that let you transact across multiple chains and applications. Additionally, its solution comes with a large language model (LLM) intent-based chat assistant to find you the best deals and transaction options in the cryptocurrency world.

 (SLF) is a decentralized platform that describes itself as the first modular intent-centric access Layer 1 blockchain. 

It provides two key services: an AI-driven chat assistant that helps users carry out intent-based transactions, and a keyless wallet solution that facilitates multichain logins and transactions without the need for private key or seed phrase management. Self Chain’s Layer 1 network is based on the popular Cosmos SDK blockchain development framework. 

 (ATOM) ecosystem, Self Chain uses the delegated proof of stake (DPoS) block processing method, with validator nodes securing the network.

The project was initially called Frontier (FRONT). It began its network operations with the launch of an incentivized testnet in April 2021. In mid-2024, Frontier was rebranded to Self Chain and launched its mainnet.

Self Chain's AI chat assistant accepts voice and textual inputs from the user, and searches multiple blockchain platforms and 

 (DApps) to find the best possible deals. This service can be used in various areas, including 

 (DeFi). For instance, crypto gamers can use Self Chain’s intent-based search for the best deals on gaming 

 assets, while DeFi traders can instruct the assistant to find the best rates for specific coin swaps.

The platform's keyless wallet infrastructure service allows users to securely use email- and social media–based 

 logins to blockchain apps and platforms. This is enabled by splitting the wallet's seed phase into three parts, each stored separately — one encrypted on the user's device, the second encrypted and stored on the Self Chain network in a decentralized manner and the third reserved for wallet recovery purposes..

The platform's chat assistant is based on an LLM model that transforms user inputs into signed automated intent instructions. These instructions are passed to Intent Searchers, entities that scout the blockchain ecosystem for the best deals and most efficient paths for the intended transaction. Once the optimal source is found, Intent Searchers pass the request to intent solvers, whose job is to execute the transaction.

Blockchain DApps that aspire to become Searchers and solvers within the Self Chain ecosystem can use the Intent DSL SDK, a development framework offered by the platform. Using the SDK, DApps can integrate into the platform's architecture and translate user intent commands into executable searches and transactions.

The Self Chain keyless wallet service is powered by MPC-TSS technology, which permits splitting the user's private key, seed phrase or other secret identifier into multiple fractions, each stored independently to avoid a single point of failure. As a security technology, MPC-TSS predates blockchain, and can be applied in a chain-agnostic manner.

In Self Chain's implementation of MPC-TSS, there are three seed phrase fractions, with the two main ones — the Personal Share and the Remote Share — held on the user's device and the blockchain, respectively. When an operation is carried out, the Personal Share is matched against the Remote Share to facilitate the transaction. A network of MPC nodes encrypts the Remote Share in a distributed fashion to further enhance the security of operations.

The third fraction — the Recovery Share — is used solely to restore access to the user's device or add a new device.

Thanks to this chain-agnostic keyless system, users can retain the self-custody of their wallets, enjoy the security of the blockchain's cryptographic protection and use keyless logins on a myriad of platforms.

Self Chain lets users enjoy multichain account abstraction (AA), whereby wallets can carry out complex operations without you needing to worry about the specifics of underlying technology. For example, Self Chain–based wallets can execute bundled transactions, carry out cross-chain operations and optimize gas fees, all without user intervention.

What Is the Self Chain Crypto Token (SLF)?

During the project's mid-2024 rebranding from Frontier to Self Chain, its native cryptocurrency was migrated from the FRONT token on the 

 (BNB) to the SLF coin, native to the Self Chain's Layer 1 network. The migration was announced in late August 2024, and as of the time of this writing (Sep 16, 2024), FRONT holders can still migrate their tokens, with no specific conversion deadline provided by the project team.

SLF is used for a wide variety of functions on the Self Chain platform, including the following:

SLF has a total and maximum supply of 360 million. The coin's supply allocation shares are per the chart below:

The SLF coin is available on Bybit as a Perpetual contract with USDT (

). Under this contract, you can trade SLF with up to 12.5x leverage.

Self Chain's innovative system simplifies keyless multichain web3 access, while the versatile LLM assistant helps efficiently interpret user intent to conduct diverse transactions across networks. This is a functional set that few other projects in the industry can provide. In particular, the keyless wallet solution is something that truly sets Self Chain apart. 

While there are a few crypto projects that utilize an intent-focused approach and AI-based chat assistants, Self Chain’s keyless functionality is a rare feature that will undoubtedly attract interest from a variety of users. Navigating myriad DApps and networks and transacting on them without the need for meticulous private key management has just gotten a lot easier — all thanks to Self Chain and its implementation of MPC-TSS.

Advanced

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Self Chain (SLF): The Future of Secure Private Key Recovery

Stacks is integrating with the Aptos Network to bring Bitcoin's utility to decentralized applications through sBTC, a 1:1 Bitcoin-backed token.

The SPX index was up by 0.03%, with key sectors underperforming, including healthcare, consumer staples, and real estate, while energy, consumer discretionary, and industrial stocks outperformed. Coindesk Indices, an index measuring broader cryptocurrency market performance, was up by 2.95%, with Bitcoin and Ether rising by 3.62% and 3.16%, respectively, in the past 24 hours.

Today's top performer is SAGA, which surged 27.3% following its announcement of a new economic model focused on sharing in project success rather than charging gas fees.

Saga (SAGA), founded in 2021, is a Layer 1 blockchain protocol that allows developers to create customized chains for their applications, providing shared security and scaling solutions. 

 focuses on sharing in the success of projects built on its platform, rather than charging gas fees. Projects can launch cheaply on Saga's chainlets, and Saga takes a small cut of token activity once bridged through its infrastructure. As projects grow and their tokens become valuable, Saga can hold, use, or sell these tokens to fund ecosystem growth and buy back $SAGA tokens. This creates a network effect where success drives further success, positioning Saga as a key platform for value generation in web3.

Check Out the Latest Prices, Charts, and Data of 

 to bring Bitcoin's utility to decentralized applications through sBTC, a 1:1 Bitcoin-backed token. This integration allows Bitcoin to be used beyond a store of value, enabling participation in DeFi, gaming, AI, and social platforms on Aptos. The integration follows the resolution of an SEC investigation into Stacks, clearing the path for further Bitcoin scaling advancements. Stacks' recent Nakamoto upgrade has improved its transaction speeds and block production, facilitating this new cross-chain capability.

Yesterday, The total flow for BTC Spot ETFs was $186.8 million, with $0 from GBTC and $186.8 million from non-GBTC sources.

 on Optimism’s OP Mainnet, with 185 million WCT tokens being airdropped to users. The airdrop registration opens on September 24, targeting users who engage with WalletConnect or contribute to open-source projects. WCT tokens will drive WalletConnect's governance and economic structure, initially non-transferable until 2025. The newly formed WalletConnect Foundation will oversee the protocol's transition to a permissionless structure. WalletConnect aims to decentralize further and has seen 240% growth in the past year.

Beginner

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Stacks Integrates with Aptos, Expanding Bitcoin’s Utility to dApps and DeFi

Explore our article to find out what’s the Cipher Code for today’s Hamster Kombat’s Daily Cipher Code.

, where managing your crypto exchange meets the intellectual challenge of daily Morse code puzzles. Released each day at 7PM UTC, these puzzles do more than just test your mental agility; they offer significant rewards that can enhance your strategic influence in the game.

, challenging you to decipher a Morse code each day. Successfully solving these puzzles not only boosts your coin reserves, but also sharpens your critical thinking skills, enhancing both your gameplay and strategic planning.

Today’s Hamster Kombat Daily Cipher: Sep 18, 2024

 Daily Cipher for Sep 18, 2024, is as follows:

 —•••   ••   —•   •—   —•   —•—•   • 

Ensure each Morse code sequence is entered with precision and slight pauses between letters to confirm correct execution and secure your reward.

Gain an early advantage by trading HMSTR tokens through Bybit’s Pre-Market Trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Today's Daily Cipher and the interactive gaming activities available within 

 provide ample opportunities to boost your coin balance and deepen your engagement with the game. Each puzzle you solve not only contributes to your financial growth, but also refines your analytical skills, making every gaming session both rewarding and intellectually stimulating.

Stay tuned for daily updates and expert strategies to maintain your competitive edge in the thrilling world of 

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A Guide to Hamster Kombat's Daily Cipher Code (Sep 18, 2024)

Bybit Learn

Crypto

Staking

Want the best returns when staking your coins and tokens? Give these best staking coins a shot to maximize your rate of passive income.

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Interested in investing in cryptocurrencies? There are a myriad of factors to take into account. When you invest in coins based on a 

 blockchain network you can engage in staking, which helps PoS networks operate more securely and efficiently. The only requirement for staking is that you keep coins in your cryptocurrency wallet over an extended period of time, which allows you to earn staking rewards. Staked coins are similar to interest-bearing savings accounts, since with both options you earn interest on your initial investment. Keen on giving this 

 a go? Read on as we cover some of the best staking coins you can invest in if you want to earn passive income while taking advantage of high yield.

 is a process that involves placing funds into a digital wallet and keeping them there to support validating transactions for PoS blockchains. By participating in transaction validation, participants earn extra cryptocurrency.

The main benefits associated with staking crypto include the following:

There are some notable differences between mining and staking. In general, while mining only occurs with 

 systems, you’re able to get a return on both PoW and PoS coins on staking platforms.

 are able to confirm blockchain transactions without needing a third party, such as a bank or other financial institution. The main difference between the two mechanisms is in their energy consumption. If you’d like to get started with the staking process, you first need to obtain PoS coins. Once you’ve selected the coins you want to use, you’ll decide how much of your top staking coins you’d like to stake. This process can be done on any major cryptocurrency exchange.

Keep in mind that it’s also possible to earn additional income through

. Although somewhat more complicated than staking, yield farming involves earning coins by lending your current crypto assets to various 

 (DeFi) platforms. With yield farming, you can contribute crypto assets for anywhere from a couple of days to several months. Higher lending amounts invariably lead to higher rewards.

Despite the benefits of crypto staking for earning passive income, there are several risks to be aware of. The primary ones are as follows:

The following is a comprehensive look at 20 of the best staking coins you can purchase in order to start obtaining staking rewards. The tokens’ symbols are listed after each crypto platform.

If you’re looking for the highest APY crypto staking token that won’t depreciate in value, 

 (USDT) is a good choice. As the world’s leading 

 of $114.34 billion (as of Jul 23, 2024). Since 2014, USDT has provided crypto users with a cushion against the volatility of cryptocurrency markets.

Instead of holding fiat currency in traditional financial systems (such as banks), you can stake USDT, which will provide you with an attractive passive income and help you hedge against inflation, especially during these uncertain economic times. 

USDT reserves are backed 100% by the U,S, dollar (Tether’s platform provides a transparency page where you can verify this). Better yet, USDT has a huge trading volume and deep liquidity, allowing you to easily swap your tokens for digital assets. 

Ready to hold crypto without the risk of losing value due to volatility? Then try Bybit Savings, where you’ll earn an APR of 9.27% from staking USDT for a flexible period. Staking for a flexible time means that you can unstake your tokens at any time, as the yields are paid out daily. Bybit is also holding an 

, during which staking USDT earns you 300% interest for both fixed and flexible terms — making it the highest-APY crypto staking offer around.

Popularly known as “digital silver,” Ethereum is ranked second among cryptocurrencies after Bitcoin. The blockchain has been improving its network through various 

Ethereum’s ecosystem remains one of the busiest in the crypto space, as people leverage its security and 

. A considerable number of well-performing 

 (OP), have also helped scale Ethereum by providing low-cost, high-speed transactions.

ETH is one of the best crypto staking coins, with numerous ways to earn passive income from it. You can stake it with Bybit Savings 

 has become popular. It allows you to access your staked ETH in the form of 

 (LSD) tokens and use them for DeFi activities, such as lending and providing liquidity. 

You can stake your ETH with Bybit to receive stETH, or on the 

 liquid staking platform to enjoy 2.89% interest while earning passive income from 

 and receive mETH with an APR of 1.1%. Bybit provides multiple ways to 

. It was created by fintech giant Circle, and has strong partnerships through the Circle Alliance Group, which includes notable names such as Visa, Mastercard and BlackRock. Over the years, USDC has risen to become an in-demand crypto, especially for those looking for a stablecoin to stake.

USDC is designed to facilitate fast and cheap cross-border payments, and to provide crypto users with a transparent and safe cryptocurrency for transactions. Circle has increasingly expanded its reach across the globe, driving USDC up the crypto rankings to become the second-most popular stablecoin after USDT.

ing USDC, lock it with Bybit Savings for flexible staking. You’ll enjoy an APR of 7.32%, and can withdraw your assets instantly and convert them into your preferred currency without much hassle. The process is fast, straightforward and transparent.

The Open Network (TON) was founded by Telegram in 2018 to provide scalable and affordable cross-chain interoperability. 

 (TON), the native token powering the project, has been pumping hard in 2024, shattering its all-time high with a price of $8.01 on Jun 14, 2024. 

TON's surge was fueled by Telegram's announcement in April 2024, stating that channel owners could now pay for in-platform ads for their channels using the token. TON has also been attracting major partners, such as Pantera Capital.

Ready to earn passive income from one of the best crypto staking coins? Stake TON with Bybit Savings to earn an interest of 8.36% for a flexible term. 

You can also stake your TON tokens to become a validator and secure the TON blockchain, where you'll earn an APR of 2.99%. With the popularity of Telegram-related projects, such as 

, the TON blockchain is thriving. Hence, HODLing and staking TON can be a smart investment decision.

Bitcoin remains the top crypto in terms of market capitalization. So far, 2024 has been a good year for BTC, which hit a new all-time high of $73,737 on Mar 14, 2024, following the 

 event that was completed in April has made it harder to mine BTC, reducing the amount of coins in the circulating supply. Based on these factors, it’s ideal to hold and stake Bitcoin, since its value will continue to soar over time. 

Having been around since 2011, and with various developments on the network designed to increase its value, Bitcoin remains one of the best crypto staking coins around. With Bybit Savings, you can enjoy a yield of 2.5% when staking Bitcoin for a flexible period. 

, a modular L2 Ethereum scaling solution that combines data availability, superior performance and security by using 

-compatible, allowing developers to leverage smart contracts and other tools to easily build DApps. Compared to other 

, Mantle has an extensive network of partners tied together by the MNT token, making its blockchain a rapidly growing haven for app developers.

MNT is also one of the best crypto staking coins on Bybit, with a rate of 20.35% for its flexible plan.

 blockchain has been making a comeback in 2024 following a catastrophic phase during the bear market, especially with the collapse of FTX. There’s been growing demand for SOL, especially around 

, which have been performing remarkably well in 2024.

We've seen increased liquidity on Solana, and the SOL token has returned to the top five in crypto rankings. The heightened activity on Solana — which could continue during a full-blown bull market — suggests that investing in SOL could be a good move.

Since you hold your SOL tokens, you can stake them flexibly with Bybit Savings to earn an APR of 1.2%. In addition, you can help secure the Solana network by staking your SOL tokens on its PoS platform at a yield of 6.97%.

USDe, a creation of Ethena Labs, provides an efficient and scalable stablecoin (

) that enables crypto users to explore and invest in the crypto space without worrying about volatility. Besides trading USDe as a Spot pair, 

 also allows you to use it as collateral to trade perpetual contracts. 

You can also earn passive income by staking USDe on Bybit Savings to earn a high interest of 30% for either a flexible or fixed term — a rate that makes USDe one of the highest APY crypto staking tokens currently available on the platform.

 stablecoin was created by MakerDAO to provide crypto users with volatility-free financial freedom. An 

, it's powered by smart contracts, and can easily be integrated into DApps. 

With Dai integrated into over 400 apps and services, its utility has grown over time, making it a worthy contender in the stablecoin niche. As such, DAI is among the best coins for staking, since it can easily be converted into other assets. Its popularity is also due to increased demand for a decentralized stablecoin. To earn passive income, you can flexibly lock your DAI tokens on Bybit Savings at an interest rate of 6.24%.

The explosion of artificial intelligence (AI) technology has led to many crypto projects merging AI with blockchain technology, pushing the limits of technology even further. 

 (APTR) is one of the leading DeFi projects to create an innovative intention-based protocol powered by a chatbox, allowing users to achieve their goals easily by using natural language prompts. The requests are then efficiently processed by a decentralized network of solvers, with the solver integrity maintained via 

 for the right to governance and voting, as well as to earn staking rewards. APTR staking is split into three different durations: Staking APTR for 30 days yields an APR of 10% APTR and 23% USDC; a 60-day period gives you 15% APTR and 35% USDC; and staking for 90 days earns you 20% APTR and 47% USDC. APTR is currently among the best cryptocurrencies to stake on Bybit Savings, where you can earn an attractive rate of 50% for a fixed period. 

Referred to as the “internet of blockchains,” 

 is a Layer 0 blockchain that enables the c

reation of customizable application-specific chains through Cosmos SDK. These independent blockchains can then 

communicate effectively with each other via Cosmos’s 

Inter-Blockchain Communication (IBC) Protocol. 

Its native ATOM token powers Cosmos’s PoS consensus system by incentivizing holders to stake their ATOM tokens to a validator that helps secure the network. 

By staking your ATOM tokens on Cosmos, you’ll receive rewards at a rate of 17.18%, making ATOM one of the highest APY crypto staking coins. You can also lock your ATOM tokens flexibly on Bybit Savings, where you’ll receive passive returns at a rate of 1%.

 (VPR) launched in 2023 and went on to become one of the biggest 

s on Bybit, with over 40,000 investors participating. Its gas-free 

 is supported by Visa and lets you enjoy a seamless experience when transacting your digital assets, without the complexities of 

VPR is used to incentivize users to buy mutual funds on VaporWallet. You can also stake VPR and other cryptocurrencies in the wallet to earn rewards.

Furthermore, VPR is among the highest APY crypto staking coins on Bybit, with a yield of 60% on your staked assets. Combined with the versatility and convenience of VaporWallet, this high APY makes VPR one of the best staking coins to hold for passive income.

 ecosystem, is one of the best staking coins to hold, due to its utility in facilitating the 

 and security of the Polkadot blockchain. Created by Ethereum's co-founder, Gavin Wood, Polkadot has remained a popular multichain network, designed to enhance interoperability and communication across different chains.

DOT is used for bonding, staking and governance on Polkadot. 

There are two ways to stake on Polkadot: by holding 

 to become an active nominator (the minimum amount changes every 24 hours), or by staking a minimum of 1 DOT in the nomination pools. Rewards are paid out every 24 hours at a current rate of 11.4%, making it one of the highest 

 crypto staking tokens in the DeFi space. 

Alternatively, you can choose a simple staking solution on Bybit Savings with an APR of 1% on your staked DOT assets.

LFT makes our list of the best staking coins since it's the native token for 

, a platform that lets you create a realistically human-like avatar to use as your digital identity across the web3 space. You can stake your LFT tokens on Lifeform to earn rewards from minting 

. LFT is among the highest APY crypto staking tokens available on Bybit, with an interest of 40% on Bybit Savings.

 blockchain, a smart contract platform designed to help developers create fast, efficiently and cheaply. Individuals and enterprises can access affordable, low-code tooling on Avalanche to launch their apps. AVAX is used to pay gas fees on the Avalanche blockchain and secure the network through validators.

You can stake your AVAX tokens to become a validator, and earn staking rewards at an annual rate of 7.97% — which makes AVAX one of the highest APY crypto staking tokens in the DeFi space. You can also stake your AVAX on Bybit Savings, where you’ll earn a return of 1% and can conveniently withdraw your assets at any time.

Spectral is another crypto project that has incorporated AI into its blockchain technology. It offers two core products — a decentralized oracle, Spectral Nova, comprising a network of AI and ML models that provide verifiable inferences and insights to blockchain smart contracts and apps, and Spectral Syntax, a generative AI tool to help you build your own on-chain AI Agents through easy smart-contract programming code via textual prompts.

Its governance token, SPEC, also offers incentives to holders who stake the token on its two platforms. On Spectral Nova, validators have to stake SPEC as collateral, which incentivizes them to act with integrity, and on Spectral Syntax, users can stake SPEC for elevated agent creation and monetization rights. SPEC is also one of the highest APY crypto staking tokens on Bybit Savings, with a rate of 30% for both flexible and fixed periods.

 provides users with faster transactions by using the Ouroboros PoS consensus mechanism. ADA is the native token powering Cardano that facilitates payments within its ecosystem. Staking pools help run the Ouroboros PoS protocol 24/7. ADA holders can delegate tokens into staking pools to enjoy staking rewards at a rate of 2.86% while being able to spend their delegated ADA at any time.

You can stake your ADA tokens on Cardano using the blockchain’s official wallet, 

, a secure desktop wallet that allows you to set up a bundled Cardano node with a single click. However, its complexity of use has led users to seek alternatives, such as Yoroi and AdaLite. If you wish to reap simple yields without the challenges of staking on a PoS platform, you can flexibly stake ADA Bybit Savings at a rate of 1%.

 is one of the best crypto staking coins, due to its pivotal role in the cryptocurrency space, especially as it powers Binance, one of the world’s largest cryptocurrency exchanges. The coin’s versatility and critical role in BNB Smart Chain (BSC), coupled with solid tokenomics, make it one of the best cryptocurrencies to stake. BNB is used to pay fees on the Binance exchange and BSC, to pay merchants, and for staking to receive passive rewards.

Since BNB's use cases are rapidly continuing to expand, you can stake your BNB with Bybit Savings for a flexible period to earn rewards at a rateof 1%. You can also become a validator and contribute to the security of BSC by staking your BNB to receive daily staking rewards. Otherwise, you can contribute as a delegator by staking your BNB to validators via supported wallets, such as BNB Chain Wallet, 

BNB is one of the top staking coins you can hold, since it can also be liquid staked on various platforms. You can then receive LSD tokens to use for other DeFi activities while your BNB yield continues to generate. For instance, by liquid staking BNB with 

, you'll earn your reward at a rate of 1.08%.

 offers 2.24% APR for its liquid staking service. 

, a Layer 1 modular blockchain platform built to provide security, bridging and liquidity to RollApps, which are Layer 2 application-specific rollups created for a single DApp use. Similar to Layer 1 blockchains built with Cosmos SDK, each RollApp is equipped with on-chain governance, the ability to mint native tokens and 

IBC bridging to over 100 external chains in the IBC ecosystem, including major chains like Tether, USDC and Ethereum. 

20 Best High APY Crypto Staking Coins for Maximum Passive Income (2024)

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards