Top 10 Cryptocurrencies that are Expected to Grow in 2022

Check out the top 10 cryptocurrencies with immense growth potential that are attracting the eyes of crypto investors

The rise in cryptocurrencies is inevitable in the cryptocurrency market. Several catalysts helped spark the downturn, not least of which was the emergence of the omicron variant and the Federal Reserve’s open willingness to raise interest rates earlier than previously thought to help combat inflation. There are now thousands of cryptocurrencies, and many of these have a promising future within the market. Some crypto coins are stable like Tether and USD coin, but some show great results like Terra, Shiba Inu, Bitcoin, and many more. Cryptocurrencies in 2022 have immense potential to thrive even more than 2021. Crypto investors are highly interested in the existing cryptocurrencies as well as the newly emerging ones to invest in their digital wallets also known as blockchain wallets. This article features the top 10 cryptocurrencies expected to grow in 2022.

 

Bitcoin

Bitcoin is an obligatory holding for any investor looking to dip their toes in the cryptocurrency market. It has shown a major sign of rebounding after experiencing a massive drop from the all-time high of US$68K. Even after the recent pullback, BTC accounts for roughly 40% of the overall market capitalization, a metric known as a given coin’s “dominance.” The exposure to Bitcoin has instigated crypto investors to realize that Bitcoin is one of the best cryptocurrencies expected to grow in 2022.

 

Ethereum

If you are interested in cryptocurrency, you have heard of Ethereum. Behind Bitcoin, it is currently the most popular and valuable coin on the market. And, things are continuing to get better for ETH, with its price increasing drastically by almost 800% in 2021 alone. Crypto investors are expecting Ethereum to take over Bitcoin in the future in the cryptocurrency market.

 

Binance Coin

Binance Coin is one of the largest cryptocurrency exchanges and altcoin crypto exchanges in the world by volume. As with many of the top cryptocurrencies to invest in, BNB is the native coin for an increasingly popular blockchain, the Binance Smart Chain. Binance is compatible with any smart device and lets crypto investors start trading safely. It is one of the best cryptocurrencies expected to grow in 2022.

 

Polkadot

The Polkadot protocol connects public and private chains, permissionless networks, oracles, and future technologies, allowing these independent blockchains to restlessly share information and transactions through the Polkadot relay chain.

 

Solana

Solana is a public blockchain platform that achieves consensus using the proof of stake mechanism. Its internal cryptocurrency is SOL. Solana has been a top performer in 2021, rising through the ranks of altcoins to become the fifth-most-valuable cryptocurrency in the world.

 

Cardano

Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators, and visionaries” to bring about positive global change. Cardano is gaining popularity among the community of crypto investors for its flexible network and reduced energy level. It is one of the best cryptocurrencies with immense growth potential in 2022.

 

Tether

Tether is a cryptocurrency that is hosted on the Ethereum blockchain with tokens issued by Tether Limited, which in turn is controlled by the owners of Bitfinex. Originally launched in July 2014 as Realcoin, a second-layer cryptocurrency token built on top of Bitcoin’s blockchain through the use of the Omni platform, it was later renamed to USTether, and then, finally, to USDT.

 

USD Coin

Investors who want to explore the crypto space without taking on excessive risk would prefer a stable cryptocurrency such as USD Coin. USDC is a great option for traditional investors looking for a low-beta investment that can generate returns better than CDs. This cryptocurrency does have immense growth potential in 2022.

 

Shiba Inu

Shiba Inu token is a decentralized cryptocurrency created in August 2020 by an anonymous person or group known as “Ryoshi”. Crypto investors are highly interested in Shiba Inu with a contribution from tweets of Elon Musk. It has successfully managed to take over Dogecoin for a few days. Half of the crypto coins are locked in a liquidity pool on Uniswap with an initiative in the NFT leading to the price surge in 2021.

 

Avalanche

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

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