The list of cryptocurrencies that might do well in 2022 is long, but some are almost obvious they will perform well this year. This list has some of the highly potent cryptocurrencies that might make the best choice for 2022 and why:
Bitcoin is almost a guarantee that it might do well in 2022. It is the largest cryptocurrency and has been bullish for the last 3 years. 2021 is the year Bitcoin recorded the highest ATH in history. The factors driving Bitcoin growth have not really changed, and that's why it is one of the cryptocurrencies to watch in 2022.
The increasing adoption of Bitcoin as currency for paying goods and services in business will make this coin grow big this year. It might also be a surprise year when more governments will accept Bitcoin as legal tender. The Republic of El Salvador already did it in 2021.
The growing number of people buying Bitcoin as storage for value might also make BTC grow larger. The Bitcoin blockchain taproot and other improvements aimed at making the network better might also make the coin bullish. These are reasons why Bitcoin might be the best choice for 2022.
Solana (SOL) grew large in 2021 after the blockchain hit incredible transaction speed, with 50,000 tps being the highlight. The high scalability and lower gas fee are some of the features making Solana popular. Solana's proof-of-history (PoH) consensus mechanism has also been a game-changer.
Solana's team says that it is making improvements on the mainnet to make the blockchain even more scalable. The current demand is 400,000 transactions per minute, and the team hopes to increase the tps in 2022. This will be a huge milestone that will see more investors join the token.
The improvement of the Solana mainnet is expected to increase the number of projects on the networks. The Solana team is also targeting more DeFi and Metaverse projects, which are the two biggest industries. These are some of the reasons making Solana a good choice.
Being one of the fastest smart contracts like Avalanche is comes with many expectations. But the team behind this project has not disappointed. The Avalanche smart contract offers a fast, low-cost, and eco-friendly platform for dApps developers.
Avalanche platform came in to address the shortcomings of the big blockchains such as Ethereum. With the fast and cheaper gas fee, more developers are likely to join the smart contract in 2022. There are also many new projects that will launch on the Avalanche contract.
With the Avalanche team promising to improve the contract and add more utility to the project, this is one of the cryptocurrencies to watch in 2022.
Bitgert might be the best choice of crypto in 2022 because of the following reasons. This is one of the most disruptive crypto projects in the industry in all aspects. From the project development speed to the quality of the products, Bitgert is one of the projects to watch.
The Bitgert team released major products, but the upcoming products in the 2022 roadmap might make Bitgert explode. The centralized Brise will be the first to launch in Q1 2022, but the beat version is coming out at the end of February. But the widely anticipated Bitgert zero gas fee blockchain will be the game-changer.
The high gas fee is a big problem today, and with Bitgert blockchain providing a lasting solution, it will be the most sought-after blockchain. Read more, including the newly doxxed team on the Bitgert website.
The Centcex cryptocurrency is increasingly gaining traction in the market mainly because of the utility the project is offering. This will be one of the projects that reward investors in a big way. Centcex is a blockchain platform that enables the construction of a range dApps. The platform focuses on security and user experience.
The Centcex exchange is an exciting product that is coming up now. The exchange will use PoS consensus protocol and will a no-KYC to enable anonymous transactions. The Centcex lab and popular Centcex staking are two other products to watch in 2022.
The team wants to develop a platform that will be running multiple products developed in the Centcex lab. This means staking revenues will continue growing. Visit the website for more info.
Cardano was one of the biggest performers of 2021, where the coin hit a new ATH. But for the year 2022, Cardano is expected to be one of the high potent cryptos. The upcoming developments on the Cardano mainnet will be key in the growth of this coin.
The team is working to make Cardano still one of the industry's fastest and most secure protocols. This is through with upcoming of the Hydra launch, a layer-2 scalability solution that is expected to increase the number of transactions Cardano will process in a second.
The team has also hinted at an increasing number of dApps coming live on Cardano mainnet in 2022. This will add more utility to the network, with stakers expected to gain from the growing staking revenues. These are just some of the major reasons why Cardano might be crypto 2022.
Binance Coin is among the cryptocurrencies that might explode in 2022 based on a number of factors. The growth of BNB is expected to increase with the rising demand for the Binance Smart Chain. There are more projects on the BSC than ever before. This is after BSC became one of the fastest smart contracts and charged a lower gas fee.
The increasing popularity of the Binance exchange is also expected to increase demand for the Binance coin. The exchange is currently is the biggest in terms of tokens traded every day, and with this trend, the demand for the BNB coin is expected.
The Binance team will be improving the blockchain in 2022, which will make it more competitive and attract more users. These factors might make Binance coin one of the best crypto choices of 2022.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.