Coins That Can Perform Well in 2022!
Cardano (ADA) is one of the first blockchains to come to fix shortcomings in the Ethereum network. ADA was the first blockchain to implement the PoS consensus, a protocol that improves the security and speed of the blockchain. The team is now working to make Cardano the fastest and most efficient blockchain.
The Cardano team has announced the launch of a new protocol called Hydra. This is a layer-2 scalability solution that will make the Cardano network faster and more secure. The team is working harder to get ahead of Solana, the fastest blockchain today.
There will also be more dApps on the Cardano (ADA) mainnet, SundaeSwap, and MuesliSwap dApps already certified. All this could make ADA the top crypto-performing coin of 2022.
Avalanche (AVAX) coin performed very well in the market last year. This performance is not just because the market is on the rise, but also because of the strength of the project. Avalanche (AVAX) is still the fastest smart contract in the crypto industry today. Despite the first week of January 2022, things are looking great for the team as Avalanche (AVAX) is still one of the cryptocurrencies that are expected to perform very well in 2022.
The Avalanche team is working on improvements to make the contract more effectively. The goal is to make the platform faster, cheaper, and user-friendly for developers. This makes Avalanche more popular.
Therefore, Avalanche (AVAX) has the potential to be one of the top-performing cryptocurrencies of 2022.
Solana (SOL) has performed very well despite being on the market for less than two years. The Solana team has managed to develop one of the fastest blockchains, reaching 50,000 tps by 2021, the fastest throughput on the market.
But the Solana team says they're not done yet. The latest announcement from the team is that they will make the Solana network better. The team is working on mainnet and PoH protocol to increase the scalability of the network. This will make Solana even more powerful and may attract more users from slow blockchains.
Increasing Solana's speed, safety, and lowering the gas price will bring more projects into the network. These are some of the reasons why Solana (SOL) is one of the top-performing coins of 2022.
Investors holding Ethereum should not be alarmed by the current drop in prices, as the coin is likely to go up in 2022 and even reach a new ATH. Several reasons make Ethereum one of the strongest cryptocurrencies in 2022. But the biggest is the Ethereum 2.0 upgrade.
The protocol upgrade will improve Ethereum speed, security, safety, and user experience. These are the improvements that will make Ethereum more powerful with more users. This is how the cryptocurrency could outperform in 2022.
Alongside the upgrade, the Ethereum team is planning more products on the network, including Defi and metaverse projects. All these improvements will allow the cryptocurrency to perform better.
Polygon (MATIC) will remain one of the best contract options for developers of the Ethereum platform. As a smart contract platform, Polygon has succeeded in improving Ethereum scaling and speed limits by transforming the network into a multi-chain system. For this, Polygon (MATIC) remains one of the high utility cryptocurrencies in the crypto market.
The team has big plans for 2022 on the Polygon roadmap. While the number of developers on the platform is expected to increase, the Polygon team is working to improve both the speed and security of the network. That's why the platform has recently added more solutions, including Hermez, Zero, Nightfall, and Miden. The development could make Polygon one of the top cryptocurrencies in 2022.