Metaverse
Dapp Academy 1 year ago

Top Cryptocurrencies That Can Explode In 2022

The Russia-Ukraine conflict, the Freedom Convoy protests in Canada, and the United States interest rate hikes played a significant role in championing cryptocurrency adoption in 2022. There are more than 18,000 cryptos in existence today, according to CoinMarketCap. Unfortunately, not every crypto deserves a space in your portfolio. To make it to the list, it must be among the top cryptocurrencies that can explode in 2022.

Factors to Consider When Searching for the Next Big Crypto Project in 2022


1.   Market capitalization – This shows the number of investors invested in the project. While a higher market cap indicates a strong crypto, it may also mean the price is less likely to record exceptional moves.

2.   Price – A lower price may mean higher gains.

3.   Liquidity – This is indicated by an asset’s 24-hour trading volume.

4.   Volatility – How much the price fluctuates determines a coin’s stability.


Ethereum (ETH)

ETH is the second-largest cryptocurrency by market cap after Bitcoin (BTC). The network powers decentralized finance (DeFi), non-fungible tokens (NFTs), and leading metaverse-focused projects, among other aspects of the crypto space. As these spaces gain more traction in 2022, the price of ETH rises.

Also, Ethereum is shifting from a proof-of-work (PoW) system to a proof-of-stake mechanism that has less impact on the environment, making it appeal to more developers and investors.

ETH/USDT Chart

Avalanche (AVAX)

Avalanche has a clear purpose. It has smart contract capability and powers a host of top DeFi projects. Its higher transaction speed compared to Ethereum appeals to more DeFi developers. A look at AVAX’s last six month’s price movement confirms it’s among the top cryptocurrencies that can explode in 2022.

AVAX/USDT Chart

AVAX has almost doubled in price, skyrocketing from $37 to $71 between September 6 and March 6. It still shows enough steam to climb higher this year. In 2022, AVAX is gaining popularity as the metaverse crypto token, adding to its upward trajectory.


Binance Coin (BNB)

Binance rebranded its Binance Smart Chain (BSC) into BNB chain, helping bring BNB closer to the spotlight leading to increased investor involvement. Another reason why BNB is the next big crypto in 2022 is that it’s supported by the leading cryptocurrency exchange by trading volume, Binance.

BNB/USDT Chart

Also, the crypto undergoes period “burns” meant to remove millions of coins from its supply. Less supply leads to higher demand hence a higher price. Its one-year price chart shows a promising 2022.


Cardano (ADA)

Recently, Cardano has undergone notable upgrades and feature improvement, helping it compete with Ethereum. Last year, the platform welcomed smart contract capabilities allowing developers to build on the platform. Also, it has a clear roadmap and a dedicated team led by Charles Hoskinson. Since the project sticks to its clearly-defined roadmap and developers are flocking to the network, its native token, ADA, looks promising for serious crypto investors in 2022.

ADA/USDT Chart

Final Words

The above list of top cryptocurrencies that can explode in 2022 isn’t exhaustive. To simplify the search, look for projects with a solid team, road map, and those focusing on DeFi, metaverse, and NFTs.

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