After Bitcoin took the world by surprise, the second-largest cryptocurrency by market capitalization, Ethereum has started to gain a lot of traction. Numerous Dapps, DeFi projects as well as NFT projects backed by the ethereum network have started to enjoy mainstream attention. These projects run on ERC20 standards. To stay updated with these blockchain technologies it is important to understand what the ERC20 standard is and the top ERC20 tokens that are gaining momentum.