You might not want to buy Ripple right now, but it's definitely one to watch. Ripple (XRP) Competitive Edge: Strong despite the crisis Since Chainlink has major industrial applications, it means that the growth of this cryptocurrency will be more organic and sustained than the rest of the more volatile cryptocurrencies.
There is a bright future for Chainlink because more companies will continue to adapt Chainlink in their operation. This only means that demand for Chainlink will continue to increase through the years as well as its LINK tokens. Unlike Ethereum and Bitcoin that runs completely on blockchain technology, Chainlink adopts oracles to help connect blockchain to external data sources, APIs, and payment systems, hence they gain access to different types of data that aren't available on the blockchain.Īpp developers use Chainlink to make sure their apps work well. Chainlink Competitive Edge: Most popular oracle on the marketĬhainlink is an Ethereum token that powers the Chainlink decentralized oracle network. Solana may not be one to make a spectacular bull-run right now, but it's definitely a cryptocurrency to keep your eyes on in 2022. A growing market cap and steady rise in usage and adaptation mean more value to the network, and an appreciation in price based on functionality rather than random volatility spikes. What does this mean for the investor? What does it mean for you? For one, Cryptocurrencies with solid builds have more usage and functionality among users, as such, the market cap will continue to grow as more investors turn to Solana. The proof-of-scale also allows users a high level of scalability and economies of scale with very high speed and very low transactional cost. Solana's framework allows up to 710,000 transactions per second on a 1GB network without data partitioning. At inception, the project's main focus was to leverage bitcoin's permissionless nature to provide DeFi solutions like smart contracts, payment processing, peer-to-peer lending, and stable coins. Solana is one of those altcoins that has continued to grow steadily through the years after its launch in April 2009. Solana Competitive Edge: Solid framework and build (faster transactions and minimal fees) And so, to avoid capsizing under the reverse currents of a cryptocurrency, we bring you the top 10 cryptocurrencies to watch in 2022. 2021's top rewarding cryptocurrencies might not make the best investments in 2022.
The trend is your friend, but while you can ride it for so long, it's often safe to know when to climb off the surfboard and get on another wave.