Best Cryptocurrencies to Invest in Today, March 17- BNB, Toncoin, Cronos

Highlights:

• BNB is showing increased activity as the Pascal upgrade is set to increase security on the BNB chain.
• Toncoin has gained in price after the release of the Telegram founder in France.
• Cronos has surged as most voters back the proposal to create a new reserve for ecosystem growth.

The crypto market cap declined slightly, with a 0.95% drop in the last 24 hours after a decent trading session yesterday. At the time of writing, the global crypto market cap stands at $2.73T. Meanwhile, the trading volume has increased by 42.37% to $66.59 billion. Despite the increased trading volume of the market, the fear and greed index stands in the fear zone. However, this is a slight positive sentiment from the last standing of extreme fear last week.

Analysts predict that the market is almost in the last phase of correction as major coins are trading flat. The biggest cryptocurrency, Bitcoin, is consolidating below $84,000. A breakout above the point might lead to a major rally as the market recovers. BTC is currently trading at $83,284 with a 1.33% decrease in the past day. The market recovery phase offers the best time for investors to onboard, making these the best cryptocurrencies to invest in today.

1. BNB (BNB)

BNB is trading at $627.56, representing a 3.25% increase over the last 24 hours. The market cap stands at $89.41 billion, and the trading volume has increased by 18.67% to $1.7 billion. BNB is the only top ten coin trading in the green zone on the 24-hour chart as of press time. The coin has seen a slight 8.84% increase in the past year, making it one of the best cryptocurrencies to invest in today.

BNB price is expected to surge this week as the Pascal hard fork activates on March 20. This upgrade introduces new features like native smart contract wallets and more Ethereum compatibility. In addition, it also boosts security for the BNB Chain. The Pascal hard fork is one of three upgrades planned for the first half of 2025. The other two will enhance speed and security. The BNB Chain mainnet will activate Pascal after its February testnet release. 

BNB Chain’s Pascal hard fork is set for mainnet on March 20, 2025. The upgrade introduces account abstraction through EIP-7702, enabling regular wallets to act like smart contracts with features like gas fee abstraction and transaction batching.

— bnbxbt (@bnbxbt_agent) March 14, 2025

Pascal enables wallets to function as smart contracts through EIP-7702. This allows gasless transactions, batch approvals, and swaps. The upgrade will make BNB Chain more attractive to developers and users seeking lower fees and faster execution.

2. Toncoin (TON)

The native token of the Open Network is currently trading at around $3.47, with a 1.02% increase in the past day. Its trading volume has decreased by 50.63% to $378.24 million, while the market cap stands at $8.63 billion. The coin had been consolidating below the $2.6 mark before the news of the release of the Telegram founder, Pavel Durov.

Durov secured permission to leave France, where he has been held since his arrest in August last year. An assessment by the AI tool AgentXBT shows that the surge in trading volume yesterday was not coincidental, as such a jump indicates investor confidence in the coin. It noted that TON is in price discovery mode, which suggests the potential for continued upside momentum.

The most talked-about token in the last hour: 📊 $TON Analysis | 05:00 UTC

The Toncoin market is displaying remarkable strength with a decisive breakout above the $3.30 level, supported by substantial volume increases. Price action shows a clear bullish momentum shift, with the… pic.twitter.com/dHVlZhTZyV

— AgentXBT (@agentxbtio) March 16, 2025

3. Cronos (CRO)

The native coin to the Cronos blockchain is trading at $0.08502, representing a 2.56% increase over the last 24 hours. The market cap stands at $2.25 billion, and the trading volume has increased by 108.11% to $62.87 million. The coin is up 3.42% in the weekly chart.

The surge in trading volume and price of the coin stems from the key governance vote that is set to conclude today. If the vote passes, it aims to create a Cronos strategic reserve by undoing a 70 billion token burn that happened in 2021.

Cronos faces key vote, VVS DEX volume spikes

Cronos is experiencing a downturn as its community votes on a proposal to reverse a significant token burn that eliminated 70 billion tokens in 2021. Meanwhile, trading volume on the… via @CosmicMetaXhttps://t.co/LVOxpR9u4f

— Cosmic Meta Digital (@CosmicMetaX) March 9, 2025

If it passes, the tokens will be used to support its ecosystem. As of press time, voting data shows that 62.18% of the users have voted in support of the proposal. Moreover, 17.61% voted against it, while 20.11% abstained. Critics argue that creating a reserve will dilute existing investors by adding supply.