The trend is your friend, but while you can ride for so long, it’s usually safe to know when to get off the surfboard and ride another wave. The highest-earning cryptocurrencies of 2021 may not make the best investments in 2022. That’s why we bring you the top 10 cryptocurrencies to watch for in 2022 to avoid capsizing under the backflows of a cryptocurrency (solanaCompetitiveness: Solid framework and structure (faster transactions and minimum fees)
Solana is one of the altcoins that has continued to grow steadily over the years after its launch in April 2009. Initially, the main focus of the project was to take advantage of the permissionless nature of bitcoin to provide smart contracts, payment processing, peer-to-peer DeFi solutions. peer credit and stable coins. Solana’s framework allows up to 710,000 operations per second on a 1 GB network without data partitioning. Proof of scale also provides users with high levels of scalability and economies of scale with very high speed and very low transaction cost.
What does this mean for the investor? What does it mean to you? First, solidly built Cryptocurrencies have more use and functionality among users, therefore, its market capitalization will continue to grow as more investors turn to Solana. A growing market cap and steady increase in usage and adaptation means more value for the network and a price increase based on functionality rather than random ripple increases.
Solana may not be the one to do a spectacular bull run right now, but it’s definitely a cryptocurrency that you should keep your eyes peeled for in 2022. Competitiveness: The most popular prophecy on the market
Chainlink is an Ethereum token that powers the Chainlink decentralized oracle network. Unlike Ethereum and Bitcoin, which run entirely on blockchain technology, Chainlink adopts oracles to help connect the blockchain to external data sources, APIs, and payment systems, so that they gain access to different types of data that are not available on the blockchain.
Application developers use Chainlink to make sure that their applications work well. This only means that the demand for Chainlink will continue to grow over the years as well as LINK tokens. There is a bright future for Chainlink because more companies will continue to adapt Chainlink in their operations. Good news for investors as well. Since Chainlink has major industrial applications, it means that the growth of this cryptocurrency will be more organic and sustainable than the rest of the more volatile cryptocurrencies. Competitiveness: Strong despite the crisis
You may not want to buy Ripple right now, but it’s definitely a product to watch. Ripple has recently lost its place as the third most valuable cryptocurrency, but this is only because of the situation with the SEC.Regardless of the lawsuit that dragged on throughout 2021, Ripple still continued to gain 346% over the course of the year.
If the coin can still provide such huge returns despite an ongoing lawsuit, imagine how fair it would be when the case was over?
Ripple Labs believes the case will be resolved in 2022, so keep your eyes peeled when that ends. Binance Coin (BNB)Competitiveness: The coin of the largest exchange platform
Binance is by far the world’s largest crypto exchange platform, and its native currency, BNB, is a currency that every investor should keep on the short list.
Binance users with BNB enjoy access to discounted transaction fees and fast transactions. As Binance continues to grow, BNB will continue to gain more popularity and increase in market value.
In 2021 alone, the Binance cryptocurrency BNB provided investors with a return of more than 1300%. There has been a lot of talk surrounding the fact that Binance could go public in the next year or two. Imagine how positively this will affect BNB.
If you don’t already own BNB, it could be the perfect time to consider adding it to your crypto investment portfolio. Competitiveness: Celebrity Bull Run and Weak Dog of the Year
When it comes to cryptocurrency bubbles in a long line, Dogecoin can be labeled as one of the most successful cryptocurrencies in the world. We all know how it started. Dogecoin was a meme money that would provide more than 4050% return for believing investors.
Its rise began when influential celebrities like Elon Musk confirmed the presence on social media. Other celebrities who have influenced the price include Snoop Dogg and Miley Cyrus. But can the mem coin stay in vibration and cruising forever?
Rumor has it that DOGE is about to make a more drastic change in its use case. Yes, many investors currently use it for payment, while others invest only because of its reputation for exceptional growth potential. But one thing is certain: as payments and their application in companies increase, so will their value and returns as an investor. Bitcoin (BTC)Competitiveness: The first and most valuable cryptocurrency
It goes without saying too much about Bitcoin.Its fame comes before it. The first of its kind. King by value and market cap, in 2022 you definitely want to put your eyes on the charts. Yes, there may be some dips and dips in these declines, but smart investors know that these declines provide great potential for even bigger rewards. Competitiveness: Use Case and 2.0 Upgrade
When it comes to value, Ethereum arguably ranks first. The smart contract use case makes it an indispensable asset among serious business-oriented investors.
The Ethereum blockchain is currently in the midst of a major upgrade that, if successful, will make it faster and cheaper to use. Ultimately, this means that more investors will be attracted to Ethereum and the value will increase. Competitive Advantage: Integrating Ethereum Systems
Like Ethereum, Polygon tries to deal with many technical issues with Ethereum. By connecting Ethereum-compatible blockchain networks, the platform attempts to build Ethereum’s blockchain network while offering DeFi solutions. Definitely, someone to watch in 2022. Hedera (HBAR)Competitive Advantage: Applying with the Best Arms Institutions
Hedera is famous for its fast operation and low cost. Powering the decentralized economy is the most widely used institutional-level public network. Hedera’s owners are some of the largest institutions in the world. This includes Alphabet (GOOGL), LG, Deutsche Telekom (DTEGY) and TATA Communications. If these huge institutions can find applications for Hedera, it shows that it is here to stay, and that over time many more organizations will adopt HBAR. Competitiveness: Pioneering Ouroboros Consensus Algorithm
Cardano allows users to process transactions and manage the Cardano blockchain network. Investors always greatly appreciate participation. With Cardano’s ledger and smart contract use cases, you can expect that investor flows will continue to grow over the years, hence the value of ADA.