Cardano, Solana, Binance Coin, Avalanche, Ethereum – Will These Cryptocurrencies Outgrow In 2022?
The best rewarding cryptocurrencies of 2022 are those with the potential to explode and possibly break their previous ATH. The good news for crypto investors is that there are cryptocurrencies that might break out in 2022. Here are some of the cryptocurrencies worth watching in 2022.
Cardano has been around since 2017 when the coin launched, and it has a proven reliable crypto coin to invest in. It is currently among the top 10 largest by market cap. The developments coming up are the reason why Cardano might explode in 2022.
As one of the fastest and secure blockchains, the Cardano team is working to make the network even better. From the recently revealed 2022 roadmap, the widely anticipated protocol upgrade is coming up with the launch of the Hydra. Hydra is a layer-2 scalability solution that will increase the Cardano tps to facilitate more transactions.
The other reason why Cardano might explode in 22 is the increasing number of dApps coming live on Cardano mainnet this year. This means more $ADA utility, and that’s another way the cryptocurrency might grow larger this year.
Solana (SOL) is another good crypto project of 2022. The coin is still doing well in the market, ranking top 5 largest cryptocurrencies at the time of this writing. Being the fastest blockchain is the key factor selling Solana.
With the blockchain supporting over 50,000 transactions per second, more developers and users might join Solana in 2022. The team has also promised to address the 400,000 transactions demand by making improving the mainnet for better scalability.
Solana token utility might be even better this year with the expected increase in projects joining the blockchain. All these factors, plus the impressive 2022 roadmap, combined might make Solana explode this year.
The explosion of the Binance Coin might be inevitable in 2022. The token price grew from less than $40 to over $670 in just a number of months in 2021. The Binance coin still can explode because of a number of factors, with demand for BNB coin leading.
There has been a huge demand for the BNB on the market for the last few years. This is as the Binance blockchain and exchange became popular in the industry. The fast and cheaper transaction have made Binance Smart Chain and Binance exchange very popular.
The trend is not like to change as developers will be opting for the BSC, while the exchange will grow larger. The continued improvement on the Binance blockchain and the contract will Binance network better. These are factors that might make the Binance coin explode in 2022.
The Bitgert DeFi project is still the talk in the crypto industry, mainly because of the huge expectation the crypto community has on it. The Bitgert team has proven it will deliver the payment system and a complete DeFi ecosystem as promised in the roadmap.
The team released major products in the first five months, with the Bitgert staking launching ear Dec 2021. But the products coming in 2022 are going might make this coin explode. The Brise exchange and the Bitgert zero gas fee are the product that will distinguish this project.
With no other free gas blockchain in the market, Bitgert might be the most disruptive project in the market. The team has also doxxed in January. Read more on the Bitgert Website.
The issue of token utility is key when investing in cryptocurrency, and Centcex is offering the market one of the high utility projects. This is a blockchain project that is facilitating the development of highly secure dApps with unmatched user experience.
The Centcex team is already in the process of developing a decentralized crypto exchange, which is no-KYC. The exchange will solve all the major challenges with current exchanges, including poor scaling, security, and costly gas fee.
The attractive Centcex staking and the unlimited product development is another reason why the project might explode. The 100% APY Centcex staking reward is attracting many. Every 3% of the transaction goes to fund Centcex lab to develop unlimited projects. Read more on Centcex website.
Avalanche comes into 2022 as one of the fastest smart contracts in the industry. The platform offers a fast, low-cost, and eco-friendly network where developers can develop and dApp. Avalanche addresses the limitations in most blockchain, which is why it is one of the fastest-growing cryptocurrencies of 2021.
2022 is also expected to be a good year for the Avalanche coin as the recently launched mainnet will now be in full swing to make the platform even faster, more secure, and cheaper. This will make the Avalanche contract more efficient, and projects might be launched on it.
These are developments that are expected to make Avalanche grow and possibly explode in 2022. Avalanche is one of the cryptocurrencies to watch.
Putting money in Ethereum, especially now the market is coming out of the dip, may be the best decision. The most widely anticipated development at Ethereum is the completion of the ongoing Ethereum 2.0 protocol upgrades. This is an upgrade that is expected to address the current challenges on the Ethereum blockchain.
The blockchain is moving from PoW to a faster, secure, and more sustainable PoS. The protocol upgrade is also bringing the shard chains technology to improve Ethereum’s scalability. The team also expects to launch more products on the network to increase project utility.
Many developments happening at these cryptocurrencies might make them some of the biggest cryptocurrencies in 2022. However, extensive research is recommended before investing in a crypto project.
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