These Are the Altcoins that Are Bound to Have a Sizzling 2022

Something seems to be brewing in the crypto markets and experts are closely monitoring.

After the price increase of multiple cryptocurrencies last year, the dust has settled, and now it is worth considering what the roadmap for digital tokens 2022 is and what’s cooking.

Finding the so-called “gems” is what every investor in this field has been doing in the last couple of years. Amid increasing volatility, experts believe that there are digital tokens prepared to do better from now on.

Different experts in the cryptocurrency market try to find out which assets in this sector are best positioned to have an absolutely sweet 2022.

Ethereum

The transition to Ethereum 2.0 could position ether as one of the most interesting cryptocurrencies to consider next year. The change will mean a safer, more sustainable, and undoubtedly more scalable asset —improvements that make it one of the most attractive cryptocurrencies for 2022.

Already in 2021 and despite its second spot on the capitalization ranking, Ethereum has surpassed Bitcoin in terms of performance amid volatility galore.

Solana

Solana had a skyrocketing growth of 10,970% in 2021, way more than Bitcoin’s 57.6% increase. This crypto is believed to be an absolutely top performer, given its ability to offer low-cost transactions at high speed, turning it into a utility coin.

Solana’s growth is rooted in an overarching trend: When Bitcoin hogged 32% of total trading volume in Q3 2020, the metric dropped to 19% in the same quarter a year later. and while Ethereum reached a 22% market share, Solana and others increased their trading volume to 59%. 

Cardano

The once touted as the “Ethereum killer,” Cardano had a twisty 2021. Besides sitting at seven in the list of the world’s biggest cryptos in market capitalization terms, it did not show price momentum in the final passage of last year.

However, ADA-USD —the native asset on Cardano— went up almost 611% year-to-date and has offered returns of 690% in the last year. The blockchain recently scored a home run when it surpassed the 20 million transaction mark with no downtime in over 1,500 days of operation.

Decentraland

After Meta Platforms Inc (NASDAQ:FB) revealed its plans in the summer of 2021 to build a metaverse, interest in related projects has skyrocketed. A clear example of this is Decentraland, the largest project within the blockchain, whose ‘MANA’ token does not stop accumulating increases.

“Decentraland Mana did have one of the best years in 2021. The Metaverse coin saw its value attaining the All-Time High of $5.41 in November 2021, however, since then Mana has crashed over 40% and is currently trading just over $3,” according to Crowd Wisdom.

Atom

The fantastic gains made by Atom have made it one of the hottest cryptocurrencies for this year —led by the technological innovations of the asset. Its proof-of-work has played an essential role in the coin’s popularity and gives it the ability to connect several blockchains through interoperability.

Atom is predicted to grow at a faster rate than Bitcoin and it does not need a layer 2 to improve performance since they are designed to be cheaper and faster.

Luna

Terra has become a key player in the DeFi industry, and Luna is a worthy investment in the long run as it seeks to create stability.

Since its introduction in 2019, Luna has performed incredibly well growing 8,876.76% year-to-date and hitting $102.90 in December. As tightening regulations are still expected to clamp on crypto-assets this year, LUNA’s current price of $71 is an absolute bargain for investors.

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(Featured Image by Ivan Radic CC BY 2.0 via Flickr)

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