Top 3 Cryptos to Buy for the Long Haul

Focus on Polkadot, Solana, and Seesaw Protocol to hit profit in the long run in 2022

The cryptocurrency market remained volatile in February but appears to be regaining its footing, as most major cryptos bounced this week despite Russia’s ongoing war with Ukraine.

With millions of dollars in aid being sent using cryptocurrencies to support Ukraine from around the world, users have demonstrated once again the practical application of crypto by enabling fast and frictionless transfers in a time of crisis.

Considering the events that are unfolding right now it would seem that cryptocurrencies that are capable of processing transactions quickly and providing a high level of utility will have the best chance of exponential growth in the future.

Some of the most promising cryptos on the market that offer this kind of real-world usage and utility are Polkadot (DOT), Solana (SOL) and Seesaw Protocol (SSW).

 

Polkadot (DOT)

Polkadot is a highly scalable smart contract platform built on an ecosystem of interoperable blockchains that aims to outperform Ethereum.

Polkadot is a consensus-based Proof of Stake (PoS) blockchain. Numerous programmable blockchains, dubbed parachains, are connected to the relay chain, each of which supports decentralised applications (dApps) and decentralised financial services (DeFi). Certain parachains, for example, Ethereum, can communicate with other blockchains.

Polkadot began auctioning parachain slots to developers in November. While the process is far from complete – as of February 2022, only five parachains were connected to the relay chain – Polkadot intends to support 100 parachains in the near future.

The network’s throughput may then exceed one million transactions per second (TPS), with each transaction taking less than 60 seconds to complete. By comparison, Ethereum currently supports 14 transactions per second and frequently takes up to six minutes to complete.

Polkadot has seen steady growth since December, when the first parachains were added. With over $17 Billion invested in the platform, it is already the twelfth most popular DeFi ecosystem.

As more parachains are integrated and Polkadot’s ecosystem continues to grow, more people should adopt platform-based products. As a result, demand for the DOT token – Polkadot’s native cryptocurrency – will grow, resulting in a price increase. And, at a 60% discount to its all-time high, DOT could be on the verge of a bull run in 2022.

 

Solana (SOL)

The Solana blockchain, which supports smart contracts, is attracting developers – and with reason. On Solana, transactions are extremely affordable and take only a few seconds to complete. In comparison to Ethereum, the largest blockchain for smart contracts in the world, Ethereum transactions can cost up to $100 and take several minutes to complete. Developers can create disruptive products due to the low development costs.

Solana Pay was announced recently, allowing customers to pay merchants on the Solana blockchain with either Solana or a stablecoin such as USDC — which is pegged to the US dollar. The fees are extremely low, posing a threat to more expensive financial networks such as Visa and Mastercard, which charge between 2% and 3% on each transaction.

On Solana, non-fungible tokens (NFT) are also thriving, allowing developers to fund projects in a variety of ways, including through games and decentralised finance products.

 

Seesaw Protocol (SSW)

Seesaw Protocol is a cryptocurrency that acts as a link between multiple ecosystems, enabling holders to exchange value. By facilitating transactions between Binance (BNB), Polygon (MATIC), and Ethereum, SSW outperforms other cryptocurrencies (ETH).

This means Seesaw Protocol can offer faster and cheaper transactions to holders by using the best blockchain at the optimal time (based on congestion).

Seesaw Protocol’s (SSW) presale is still in its early stages, offering buyers an excellent opportunity to get in early. However, a benefit of the presale is that buyers are aware that the price cannot be reduced until SSW launches in April. This could be the ideal hedge as presales tend to be unaffected by world events that could throw the rest of the cryptocurrency scene into disarray.

According to www.seesawprotocol.io

Seesaw Protocol’s presale price has already increased from $0.005 to more than $0.119. Given that the presale is only at its halfway point and assuming current rates continue, early buyers may see a 20x return prior to launch.

 

For More on Seesaw Protocol:

Presale: https://presale.seesawprotocol.io/register

Website: https://seesawprotocol.io/

Telegram: https://t.me/SEESAWPROTOCOL

Twitter: https://twitter.com/SEESAWPROTOCOL

Instagram: https://www.instagram.com/seesaw.protocol

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