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With an uptick in the cryptocurrency market beginning this week, it seems like the people are back to buying tokens such as Cronos (CRO), FTX Token (FTT) and could soon be purchasing Acrana (ACR).

Leading cryptocurrency exchanges such as Binance, FTX and Crypto.com all possess native tokens that have exploded and are considered to have huge potential to do great things in the digital asset space.

FTX Token (FTT)
 
FTX is a leading cryptocurrency derivatives exchange founded by MIT graduates Sam Bankman-Fried and Gary Wang.

Founded in 2019, the exchange averages $10 billion worth of daily trading volume and includes over one million users.

While their initial motives were the cryptocurrency industry, the fast rate of success the exchange has experienced has sky-rocketed them to an $18 billion valuation in July 2021, which led the exchange to begin to offer stock trading to its US customers.

Its native FTT coin is the exchange token of the FTX ecosystem and serves as collateral for a series of benefits that FTX users can enjoy, including the likes of getting discounts on trading fees and receiving OTC (over the counter) rebates.

The FTT token is currently up 3.7% in the past 24 hours, trading at $40.99 at this time of writing.

The token hit an all-time high of $84.18 in September 2021 and currently ranks as the 27th biggest cryptocurrency in the world, according to CoinMarketCap.

Cronos (CRO)
 
Leading cryptocurrency exchange, Crypto.com recently re-branded its native token from the “Crypto.org Coin” to the Cronos token (CRO), which is now the utility coin of both the Crypto.org and Cronos EVM Chain.