While investors question the valuation of cryptocurrencies, which are seen as risky assets, there are many thoughts about which projects will gain momentum in 2022. Travis Hoium, whose article was published on Nasdaq, talked about the 3 altcoins, saying that he thinks altcoin projects that focus on real benefit will ultimately be the most valuable. cryptocoin.com We are giving the details as…
The expert drew attention to these 3 altcoin projects
According to the expert, Solana (SOL) was one of the top performing cryptocurrencies in 2021 and this rise will continue in 2022. Solana is of the opinion that it gained momentum not from speculation that values would rise, but from the creation of a public service ecosystem. According to the expert, who thinks that Solana’s two biggest advantages are high speed and low transaction fees, this will lead to great innovations in 2022. Also, drawing attention to the progress of DeFi and NFT projects on the network, Hoium also points to a $ 250 million venture fund.
Secondly, talking about the largest smart contract, Ethereum (ETH), the expert emphasizes the upcoming Ethereum 2.0 update, noting that the slowing network that offers high transaction fees may change. Ethereum has a huge advantage over its competitors in building the crypto ecosystem. NFT marketplaces have set up tools and well-known digital wallets to create websites that NFTs access. It is where the most valuable NFTs change hands daily.
The last network that the expert thought would gain momentum was Polkadot (DOT). The project uses structures called parachain, which allow developers to create Blockchain more flexibly than other networks. According to the expert, Polkadot’s technology allows various Blockchains to communicate with each other to create private yet accessible data.
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