Bitcoin, Solana, Avalanche, Cardano, Binance Coin – this is why these cryptos are perhaps the best choice for 2022
by Analytics Insight
January 8, 2022
The list of cryptocurrencies that could do well in 2022 is long, but some are almost obvious that they will do well this year. This list includes some of the highly potent cryptocurrencies that could be the best choices for 2022 and why:
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Bitcoin
Bitcoin is almost a guarantee that it could do well in 2022. It is the largest cryptocurrency and has been bullish for the past 3 years. 2021 is the year Bitcoin has the highest ATH in history. The factors driving Bitcoin growth haven’t really changed, and that’s why it’s one of the cryptocurrencies to watch out for in 2022.
The increasing adoption of Bitcoin as a currency for corporate payment for goods and services will make this coin big this year. It could also be a surprise year, with more governments accepting Bitcoin as legal tender. The Republic of El Salvador already did it in 2021.
The growing number of people buying Bitcoin as a store of value could also cause BTC to grow larger. The Bitcoin blockchain taproot and other improvements aimed at improving the network could also make the coin bullish. These are reasons why Bitcoin could be the best choice for 2022.
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Solana (SOL)
Solana (SOL) grew up in 2021 after the blockchain reached incredible transaction speeds, with 50,000 tps being the peak. The high scalability and lower gas charges are some of the features that make Solana so popular. Solana’s proof-of-history (PoH) consensus mechanism has also changed.
The Solana team says they are making improvements to the mainnet to make the blockchain even more scalable. Current demand is 400,000 transactions per minute and the team is hoping to increase the tps in 2022. This will be a major milestone that will result in more investors joining 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 other DeFi and Metaverse projects, which are the two largest industries. These are some of the reasons that make Solana a great choice.
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avalanche
Being one of the fastest smart contracts like Avalanche comes with a lot of expectations. But the team behind this project did not disappoint. The Avalanche Smart Contract offers a fast, inexpensive and environmentally friendly platform for dApps developers.
The Avalanche platform came into play to address the shortcomings of major blockchains like Ethereum. With the faster and cheaper gas fee, more developers are likely to join the smart contract in 2022. There are also many new projects starting on the Avalanche contract.
With the Avalanche team pledging to improve the contract and add more utility to the project, this is one of the cryptocurrencies to watch in 2022.
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Bit device
Bitgert could be the best choice for crypto in 2022 for the following reasons. This is one of the most disruptive crypto projects in the industry in every way. From the speed of project development to the quality of the products, Bitgert is one of the projects to watch.
The Bitgert team has released key products, but the upcoming products in the 2022 roadmap could cause Bitgert to explode. The centralized breeze will be the first to hit the market in the first quarter of 2022, but the Beat version will be out in late February. But the highly anticipated Bitgert Zero Gas Fee Blockchain will be the game changer.
The high gas fee is a big problem today, and with the Bitgert blockchain offering a permanent solution, it will be the most sought after blockchain. Read More
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Centcex
Centcex cryptocurrency is gaining traction in the market, mainly due to the benefits that the project offers. This will be one of the projects that will greatly reward investors. Centcex is a blockchain platform that enables a range of dApps to be built. The platform focuses on security and ease of use.
The Centcex exchange is an exciting product that is now coming onto the market. The exchange uses the PoS consensus protocol and a No-KYC to allow anonymous transactions. The Centcex lab and the popular Centcex staking are two other products to watch for in 2022.
The team wants to develop a platform on which several products developed in the Centcex laboratory run. This means that the income from staking will continue to grow. Visit the website for more information.
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Cardano
Cardano was one of the biggest performers of 2021 when the coin hit a new ATH. But for the year 2022, Cardano is expected to be one of the highly potent cryptos. The upcoming developments in the Cardano mainnet will be critical to the growth of this coin.
The team is working to continue to make Cardano one of the fastest, most secure protocols in the industry. This is completed with the upcoming launch of Hydra, a Layer 2 scalability solution that is expected to increase the number of transactions Cardano will process in one second.
The team has also indicated that an increasing number of dApps will go live on the Cardano mainnet in 2022. This will add more benefit to the network as stakers will benefit from the growing staking revenue. These are just some of the main reasons Cardano could be Krypto 2022.
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Binance coin
Binance Coin is among those cryptocurrencies that could explode in 2022 due to a number of factors. The growth of BNB is expected to increase with the increasing demand for the Binance Smart Chain. There are more projects on the BSC than ever before. It did after BSC became one of the fastest smart contracts and introduced a lower gas fee.
The increasing popularity of the Binance exchange should also increase the demand for the Binance coin. The exchange is currently the largest in terms of tokens traded daily, and with this trend, demand for the BNB coin is expected.
The Binance team will improve the blockchain in 2022, which will make it more competitive and attract more users. These factors could make the Binance coin one of the top crypto choices of 2022.
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