Let’s take a look at the 2022 outlook of 11 major altcoin projects from analyst Emma Newbery’s list. In the list, you can find the analyst’s expectations regarding the roadmaps of the projects…
First-tier altcoin projects
- Ethereum completes ETH 2.0 upgrade to make it more scalable and more sustainable , is not yet free from all glitches. Either way, investors need to beware. If the upgrade goes well, positive or bad for the entire market, it could have a knock-on effect on many altcoin projects.
- Solana was one of the superstars of 2022. Its speed and cheap transactions are attracting developers, and Ethereum may continue to lead its competitors. However, the technical difficulties it faces at every network density make it unclear whether it can maintain its momentum, according to the analyst.
- Elrond is an interesting smart contract platform that has seen remarkable growth, but has not yet reached the highs of Solana and may still have room to grow. According to the analyst, it is worth watching the development of the Maiar decentralized exchange and the number of projects its ecosystem can attract.
- Cardano is a project to follow by 2022, after several real-world projects already and the launch of smart contract capability in 2021.
Layer two altcoin projects
- Polkadot is one of the few popular Blockchains currently communicating with each other . Interoperability will become important as developers start using a set of layer 1 blockchains.
- Polygon aggregates Ethereum layer 2 solutions. Until the ETH 2.0 upgrade is complete, it can help existing projects lower their finances and solve network congestion issues.
You can access the metaverse guides we have prepared as Cryptokoin.com here (section-1, section-2).
Metaverse coin projects
- In games and the metaverse, NFTs give people more control over their in-game assets. Enjin is one of the industry’s successful projects that makes it easy to create and manage NFTs, especially for gamers.
- Wilder World calls itself “an immersive 5D metaverse.” Although not listed on most major exchanges, it could be on the 2022 radar with a few play-to-win games and an interesting community-based approach to metaverses on its platform.
DeFi altcoin projects
- Terra was one of the top performing cryptocurrencies in 2021, but The stablecoin-based financial ecosystem continues to grow. It has several different stablecoins pegged to different currencies, all backed by LUNA.
- Ripple (XRP) had an intense fight in 2021 due to an ongoing lawsuit with the SEC. The SEC accuses the Ripple team of operating as an unregistered security. If the SEC wins, it could destabilize the entire industry as it could take action against a number of other crypto projects.
- Tether (USDT) is the fourth largest cryptocurrency by market cap. If the barriers collapse, shock waves could shake the market.
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