The crypto market looks vibrant despite the recent plunge, which is normal in any market. There is a huge number of cryptocurrencies in the market, and a number of them are showing signs of exploding in 2022. Here are 6 cryptocurrencies that crypto investors should watch in 2022:
1. Cardano (ADA)
Cardano (ADA) blockchain gained huge growth when it successfully launched a proof-of-stake consensus protocol. Unlike PoW protocol, PoS solved most of the problems, including security, speed, and cost of transactions.
Over the years, the Cardano team has delivered a lot by making the blockchain more efficient. This year, the team is launching most of the biggest network developments. The launch of the Hydra protocol upgrade is one of the factors that might make Cardano explode in 2022.
Hydra is a layer-2 scalability solution that will facilitate more financial transactions on the Cardano network. The upgrade will make the network cheaper, more secure, and user-friendlier. More dApps, like SundaeSwap, are coming live on the mainnet this year. These developments are likely to make Cardano explode.
2. Solana (SOL)
Blockchain users, both traders and developers, will be looking for faster and cheaper platforms. That’s what Solana (SOL) blockchain is offering. The blockchain now supports 50,000 transactions per second, which is an incredible performance. Being the fastest blockchain in the industry is one reason that could make Solana explode in 2022.
But the team is pushing the limits to make the network faster to accommodate a chunk of the 400,000 transactions per second, which is the current demand. From the Solana 2022 roadmap, the team is working hard to make the network even more scalable, secure, and cheaper by improving the mainnet.
In addition to that, Solana is working to accommodate more DeFi and Metaverse projects in 20220. These developments will make the $SOL popular and increase its value. So Solana might be one of the exploding coins in 2022.
3. Litecoin (LTC)
Litecoin (LTC) is a DeFi project supporting digital payments. The platform has enabled users to send money globally since its launch in 2013. The DeFi industry is expanding fast as more and more people adopt crypto for the payment of goods and services.
Litecoin has one of the most robust decentralized payment systems that has been built over the years. The team is already working on improving the network to make it fast, secure, and cheaper to transact. The Litecoin team aims at the global adoption of the coin to boost growth.
Litecoin coin is also getting accepted by more organizations as a form of payment. The recent Partnership with Hedge is making this a reality. With more partnership and the adoption of Litecoin as the currency of payment, LTC is positioned to explode in 2022.
Crypto investors need to pay close attention to Bitgert because it is one of the cryptocurrencies that might explode in 2022. The DeFi project is building a powerful payment system that will eventually run on a complete DeFi ecosystem. Therefore, the Bitgert team is planning to launch a blockchain and a crypto exchange.
The project is barely 6 months, but a lot has been accomplished the building the project. The dApp wallet, Swap, and the Bitgert staking process are already launched in the first 120 days. The Brise exchange is coming in Q1 2022 and will be centralized. The exchange beta version will be released at the end of February.
But it is the Bitgert blockchain that might make the coin explode in 2022. It is a free gas blockchain. There is no other gasless blockchain in the industry, and thus Bitgert will be a game-changer and the likely cause of explosion in 2022. Read more on the Bitgert website, including the recent team doxxing.
5. Centcex (CENX)
Centcex platform is already grabbing the crypto community’s attention because of the incredible features it is offering. This might be one of the tokens with the biggest utility in the market. The Centcex platform is designed to enable the development of decentralized applications that are more secure and user-friendly.
The project already has a number of projects developing. The Centcex exchange will be the next big thing in DeFi. It will be addressing all the major problems bedeviling the current cryptocurrency exchange, including data privacy. Centcex exchange will be more secure, fast, intuitive, and a no-KYC protocol.
The Centcex staking and the lab are two other projects that might make this cryptocurrency explode. The 100% APY staking reward and the unlimited development of products by the Centcex lab will attract many. This is definitely one of the cryptocurrencies to watch in 2022. Read more about the project on its website.
6. Terra (LUNA)
The market volatility and price fluctuations are some of the biggest problems for crypto traders. That’s why Terra (LUNA) stands at the right place that might trigger its explosion in 2022. Terra is a blockchain platform that is solving the problem of price fluctuations in the market. Therefore, it will be one of the widely sought-after cryptocurrencies in the market.
Terra cryptocurrency is pegged to stablecoins to help to stabilize crypto investment. Terra users will be able to keep their digital assets in a safe place free of volatility and price fluctuation. The change in price is minimal, which is attracting many investors.
Among the developments happening at Terra is a push to increase the adoption of its stablecoins. The effect will automatically increase LUNA demand. The market value of the Terra coin will grow large, and the ground for explosion will be set.
These six cryptocurrencies have what it takes to explode in 2022. They have incredible products coming up and upgrades, which might make them attractive. Thorough research is recommended when investing in crypto projects.