The world of cryptocurrency is an ever–evolving space, with new projects launching and existing ones gaining traction. In the last few years, we keep seen a massive increase in the number of cryptocurrencies available, each boasting different features and functions.
As such, it can be difficult to keep up with the best–performing cryptocurrencies of the moment. With that in mind, this article will look at the 10 best–performing cryptocurrencies in 2022. These cryptos are selected based on their current market performance, upcoming developments, and overall potential. As such, they are expected to be among the top performers in 2022.
Bitcoin (BTC)
This is the original cryptocurrency, created back in 2009 and still the largest by market capitalization. Bitcoin is a decentralized digital currency, meaning it is not subject to any government or authority. It is powered by blockchain technology, giving it a secure and reliable platform. Bitcoin is also highly liquid, making it one of the most popular cryptos for trading and investing.
Ethereum (ETH)
Ethereum is the second–largest cryptocurrency by market cap and is the foundation for smart contracts and decentralized applications (dApps). It is the most popular platform for developers, and its blockchain technology allows for the creation of a wide range of applications. Ethereum is also used in the Defi space, which has seen tremendous growth in the last few years.
Ripple (XRP)
Ripple is a payment protocol designed to make international transactions faster, easier, and cheaper. It is also a blockchain–based platform, allowing users to make secure payments. Ripple is popular among banks and financial institutions, making it one of the most trusted cryptos in the industry.
Binance Coin (BNB)
Binance Coin One of the biggest cryptocurrency exchanges in the world, Binance has its own native cryptocurrency. It is used to pay for trading fees on the exchange, and it can also be used to purchase a variety of assets. BNB also has its own blockchain, providing users with a secure and reliable platform.
Cardano (ADA)
Cardano is a blockchain–based platform designed to enable the development of smart contracts and dApps. It is one of the most advanced blockchain networks, and its native cryptocurrency ADA is used to pay for transactions, allowing users to take advantage of the network’s features. Cardano is also used in the Defi space, providing users with a variety of options.
Litecoin (LTC)
Litecoin is a peer–to–peer cryptocurrency designed to be a faster and cheaper alternative to Bitcoin. It is a decentralized digital currency and is powered by blockchain technology. Litecoin is also highly liquid, making it popular among traders and investors.
Chainlink (LINK)
Chainlink is a decentralized forecaster network designed to bridge the gap between blockchain and real–world data. It is used in the Defi space and is becoming increasingly popular as more applications are built on its platform.
Polkadot (DOT)
Polkadot is a blockchain–based platform designed to enable the creation of multi–chain applications. It is highly scalable and interoperable, allowing users to create a variety of applications.
Bitcoin Cash (BCH)
Bitcoin Cash is a hard division of Bitcoin designed to increase the block size and enable faster transactions. It is a decentralized digital currency powered by blockchain technology.
Stellar (XLM)
Stellar is a decentralized platform designed to enable fast and secure transactions. It is used by a variety of financial institutions and is becoming increasingly popular as more applications are built on its platform.
These are the 10 best–performing cryptocurrencies in 2022. Each of these cryptos has its own unique features and potential, and they are expected to be among the top performers of the year. As such, they are worth keeping an eye on.