5 Cryptocurrencies That Are Expected to Soar in 2022

 

Introduction:

In the world of cryptocurrencies, the big players that everyone has heard of are well known, such as Bitcoin and Ethereum. These coins have increased in value dramatically over the past few years, with Bitcoin having reached its peak valuation at almost $20,000 per coin in late 2017. But there are many other cryptocurrencies (or altcoins) that are currently being used or developed that may not be as well known to the general public but will increase in value just as much or more in 2022 than they have over the past few years. The following are five cryptocurrencies that are expected to be huge winners in 2022 and beyond.

1) Bitcoin

Bitcoin is the world’s first and most well-known cryptocurrency. Since its launch in 2009, Bitcoin has become a household name and its price has soared. Bitcoin is expected to continue its upward trend in 2022, with some experts predicting that it could reach $100,000 per coin. If you’re thinking of investing in Bitcoin, now is the time!

2) XRP

Ripple's XRP is one of the most popular cryptocurrencies and is expected to rise significantly in value in 2022. Here's why we think that it will be worth $10 in four years: first, it can handle a higher volume of transactions than Bitcoin and Ethereum which are both considered slower; second, its transaction fees are lower than those for Bitcoin or Ethereum; third, its consensus process is faster and more efficient than other blockchains. As such, it's highly likely that many companies will use XRP as their preferred cryptocurrency for settling cross-border payments by 2022.

3) Ethereum

Ethereum is expected to rise significantly in 2022 thanks to a number of factors. First, the ongoing development of Ethereum 2.0 should lead to increased interest and adoption of the platform. Second, Defi (decentralized finance) applications are expected to continue growing rapidly on Ethereum, bringing more users and transaction volume to the network. Third, as a leading smart contract platform, Ethereum is well-positioned to benefit from the growing popularity of NFTs (non-fungible tokens). Fourth, with many enterprises and institutions now exploring blockchain technology, Ethereum is likely to see increased enterprise adoption. Fifth, Ether (ETH), the native cryptocurrency of Ethereum, is currently undervalued compared to other major cryptocurrencies.

4) Stellar Lumens

As more and more people become interested in cryptocurrencies, they are also becoming more aware of the different options available. While Bitcoin is the most well-known cryptocurrency, there are others that are expected to rise in popularity in the coming years. Here are five cryptocurrencies that are expected to soar in 2022 Stellar Lumens (XLM), Cardano (ADA), Ethereum Classic (ETC), Dash (DASH), and NEO (NEO).

5) EOS

EOS is a cryptocurrency that's expected to rise sharply in value in 2022. The reason for this is that EOS has a number of features that make it attractive to investors. First, EOS is highly scalable, meaning it can handle a large number of transactions per second. Second, EOS has low transaction fees. And third, EOS offers users a high degree of flexibility when it comes to creating decentralized applications. All of these factors are expected to drive up demand for EOS in the coming year.