Solana (SOL), Shiba Inu (SHIB), Cardano (ADA), Avalanche (AVAX) & Polygon (MATIC) – Here’s What You Need to Know About These Cryptocurrencies
by Analytics Insight
January 10, 2022
These cryptocurrencies have surged to all-time highs, yielding maximum for investors.
Solana, Cardano, and many other large cryptocurrencies are expected to deliver more this year as the competition of the best cryptocurrency take shape in 2022. There is so much lined up by these blockchain-based projects that will make them more competitive and more so by improving user experience. Here are some of the things you can expect about the following cryptocurrencies:
1. Solana (SOL)
Solana has made a stronghold in the crypto industry by building one of the fastest blockchains in less than two years. With 50,000 tps, Solana has proven to be a force recon with. But 2022 is likely to be the best year for the $SOL investors. The Solana team is planning many developments, including mainnet upgrades to increase protocol speed.
With a 400,000 tps demand, the team plans to improve the Solana network for higher speed, cheaper transactions, and better security. The Solana team is also working on attracting more projects to the network in 2022. All these developments will have a massive effect on the $SOL and might push it to a new ETH.
2. Shiba Inu (SHIB)
Shiba Inu will always be that magical coin that investors do not want to lose. It is one of the 2021 coins that made a lot of people dollar millionaires. Though the coin price has been dropping since Q4 2021, Shiba Inu is one of the crypto coins with a huge potential to explode in 2022.
The Shiba team recently launched the Doggy DAO, a highly anticipated network upgrade. This DAO will do two major things. First, it will give the users power to vote on the projects and also the trading pairs. The second important thing is limiting whales’ influence.
The Shiba Inu team is also adding more use-case for the token with the launch of NFTs and other projects. So the coin is growing strong and might start rebounding very soon.
3. Cardano (ADA)
Cardano is working on making its blockchain better to beat the likes of Solana, especially scalability. The Cardano team has already revealed this years’ plans and, more so, the Q1 2022 roadmap. Among the major things that will be happening at Cardano is the launch of the new protocol called Hydra. The protocol was developed in 2022 with the aim of addressing low throughput, security, and user experience.
Hydra is a layer-2 scalability solution that will improve the Cardano network’s transactions speed. The Cardano team is promising more dApdd on the mainnet, and already, SundaeSwap and MuesliSwap dApps have confirmed to launch soon. So there is a lot coming up that will make Cardano a better blockchain ecosystem in 2022.
4. Bitgert (BRISE)
Bitgert is a cryptocurrency that should be given all the attention. The Bitgert project launched on 28th July 2021 and has already delivered a lot in terms of products. But it is in 2022 when key products are releasing including the centralized exchange and the zero gas fee blockchain.
Brise exchange images are already out, and the beta version will release at the end of February. The zero gas fee blockchain is in the development stages, and launch dates are expected very soon. The Bitgert team has doxxed this year, and the Bitgert project is registered in the Cayman Islands. Read more on the Bitgert Website.
5. Centcex (CENX)
When Centcex launched on 19th November 2021, it already got massive attention because of the token utility the project offers. The project is working on delivering an unlimited number of dApps that are secure and user-friendly. The team has been delivering on the project according to the roadmap.
Currently, the Centcex exchange is in development, plus the much-awaited staking program. The beta version of the exchange and staking programs will soon be released. According to the Centcex, April is the month project will be listed in various tier-2 exchanges,
The Centcex exchange will also be available for Android phones. Read more on the Centcex website for more information.
6. Avalanche (AVAX)
Being the fastest smart contract in the industry comes with a lot of work and also expectations. There are many others working hard to beat the record cut Avalanche is always ahead of the rest. The Avalanche team is already working hard to maintain the contract still as the fastest in 2022. Among the key things that the Avalanche team is doing is an improvement on the recently launched mainnet by making it faster, more secure, and cheaper.
The improvement will also enable the Avalanche network to accommodate more projects, including DeFi and Metaverse, which are some of the fastest-growing blockchain-based industries today. This means Avalanche might grow stronger in 2022 and might even hit a new ATH.
7. Polygon (MATIC)
Until when Ethereum Serenity Upgrade is complete, Polygon will still be the developer’s best choice. Polygon is a smart contract platform that has addressed Ethereum’s scalability by transforming the blockchain into a multi-chain system. Polygon has also helped to cut the gas fee, which is a big problem at Ethereum
The Polygon team has done a lot to ensure that the contract continues to attract more users by making it cheaper and more affordable. That’s why Polygon recently acquired more scaling solutions like Hermez, Nightfall, Miden, and Zero to keep the contract better than in 2022. There is a lot of development coming up that might grow MATIC larger this year.
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