I was looking at some of the main Chinese cryptocurrencies in circulation and thought I’d share what I’ve noticed. If you’re interested in the Asian market, there are some really solid projects worth paying attention to.

Let’s start with NEO. It’s known as China’s Ethereum, and frankly, the comparison makes sense. The project aims to build an entire smart digital economy through smart contracts and digital identity tokens, creating a robust space for DApps. It’s currently trading around $2.94.

Then there’s Conflux, which I find interesting because it’s one of the few Chinese blockchain projects officially approved by the government. It uses a fairly innovative Tree-Graph mechanism and focuses on Web3, digital identity, and government collaborations. The price is at $0.06 with a 2.33% increase in the last 24 hours.

VeChain is another one to keep an eye on if you’re interested in the supply chain world. It connects blockchain to real-world supply chains — they use it to track products from source to consumer. Industry, fashion, automobiles, food: basically anywhere transparency is needed. It’s currently trading at $0.01, although the volume has been slightly negative (-0.53%).

Ontology focuses on digital identity and data management. It helps companies build decentralized identity verification and secure storage systems. Price is at $0.06 with a +1.95% change in the last 24 hours.

Finally, QTUM is a project that combines Bitcoin’s security with Ethereum’s programmability. It provides a balanced environment for building DApps with good performance and flexibility for businesses and developers. It’s priced at $0.93 with a +0.80%.

If you’re building a diversified portfolio or just want to monitor the most promising Chinese cryptocurrencies, these five projects are a good starting point. The Chinese market has always been a bit different, with a focus on practical applications and government approval, making them interesting to follow.