Cardano, Solana, Litecoin, Bitgert, Centcex & Avalanche – What’s Next For These Cryptocurrencies In 2022?
Read some of the best cryptocurrencies to consider in 2022 along with their potential offerings.
The start of every year means a lot for the crypto community. It is usually the time to take stock of the previous year and look for the next big investment. Below are some of the best cryptocurrencies to consider in 2022 since they have impressive growth signs. But what are they offering in 2022? Read more below:
1. Cardano (ADA)
Cardano (ADA) is the first blockchain to successfully implement the proof-of-stake consensus protocol. The protocol made it more secure, faster than Ethereum and Bitcoin networks. Over the years, the team has been improving the network, and 2022 is another great year for Cardano users.
The biggest development, according to the Cardano2022 roadmap, is the launch of the Hydra protocol. The new protocol was developed in 2021to make the Cardano blockchain more efficient. The upgrade is expected to make the blockchain cheaper to transact by reducing the gas fee.
Hydra is a layer-2 scalability solution that will facilitate more financial transactions and make the network cheaper, more secure, and user-friendlier. The team is also bringing moredAppson Cardanomainnetthis year, with some like SundaeSwap already confirming their launch. So the project is getting more utility in 2022.
2. Solana (SOL)
Solana (SOL) blockchain is still the fastest blockchain in the market today. The team has built an impressive blockchain using more advanced technology like PoHto achieve a mind-blowing tps. In 2021, Solana posted 50,000 transactions per second performance, making it the fastest.
The team is working hard in 2022 to improve this tps and accommodate its current demand of 400,000 transactions per second. From the 2022 SOL roadmap, it is clear that the team is preparing for another unimaginable accomplishment in network scalability.
The Solana team is improving the mainnet to make the network more efficient. The upgrade will also address the current flaws on the network, including making the network faster, secure and user-friendly. The development team has also promised more utility by adding more products to the Solana ecosystem.
3. Litecoin (LTC)
Litecoin (LTC) is a digital payment system that has gained popularity in the market since 2013. The cryptocurrency has an outstanding performance in 2021, and 2022 might be the same. But a lot is going behind the scenes to make this cryptocurrency bigger this year.
The Litecoin team is working to make the payment system more aggressive in the market. According to the team, the aim is to increase the adoption of LTC globally and make Litecoin the best digital currency payment system. The main areas the team will be working on are making the network more affordable, fast, and secure.
There is also more utility to be added to the Litecoin platform to attract more investors. The team is also likely to collaborate with major financial institutions to make LTC more visible in 2022. So a lot is coming up.
4. Bitgert (BRISE)
Those who followedBitgert in 2021 know how much the team is committed to developing this project. The DeFi protocol is coming up fast with major products, including the wallet, and Swap, staking already launched in the first 120 days.
The major upcoming Bitgert products are the Brise exchange and the widely anticipated zero gas fee blockchain. The exchange is coming in Q1, and the team has confirmed that the Beta version will be released at the end of Feb.
The zero gas fee blockchain is in the development stage, and the team could be announcing its release anytime. The Bitgert team has also doxxed, and the registration of the project as a legal entity is ongoing. Read more on what’s coming up on the Bitgert website.
Centcex (CENX) is one of the blockchain projects to watch in 2022. The project is designed to enable the development of highly secure and user-friendly dApps. The project launched mid-November 2021, and there are several products already being developed.
The much anticipatedCentcex exchange might be launching soon. The powerful cryptocurrency offers amazing features, including a PoS consensus mechanism, a better user experience, and a no-KYC exchange. These are features that will make it popular with crypto investors.
The Centcex staking is also worth watching, especially the 100% APY staking reward system. The Centcex lab will be churning out unlimited products for the ecosystem, which means more revenue for the staked CENX. Therefore, a lot of utility is expected.
6. Avalanche (AVAX)
Avalanche is said to be the fastest smart contract in the market in the industry. This is when measured by time-to-finality. But it is providing fast, low-cost, and eco-friendly platforms for the dApp developer. This is why it has become popular with dApp development.
The Avalanche team has great plans for 2022 that will make this platform even better for decentralized application development. The improvement on the recently launched mainnet to make it faster, more secure, and cheaper are key in the AVAX 2022 road.
Avalanche might also add more projects to the ecosystem with the upcoming development in 2022. So there is a lot to expect from this project, including more token utility.
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