What awaits Cryptocurrency Markets in 2022?

Cryptocurrency world has left behind another very active year. When we look at the market in which some have failed and some have become millionaires, almost every cryptocurrency has earned. In fact, in a content we shared with you yesterday, we also mentioned which cryptocurrencies made the most in 2021. we looked together. Alright in 2022 what awaits us?

Researches on blockchain technologies Arcane Research The company named shared its predictions about the markets for 2022. Research done by experts in the field, the crypto money market will earn in the next year makes you think. It is not known whether the predictions will come true, but there are some important details in the prepared report. Let’s take a look at Arcane Research’s 2022 forecasts together.

• (As the aforementioned research consists entirely of estimations for the future, it should not be considered as an investment advice.)

“Bitcoin will outperform the top 500 companies of the USA in 2022”

Arcane Research, Bitcoin in 2021 S&P 500 announced that it outperformed the index, and that this situation would continue in 2022. The S&P 500 index consists of the 500 largest companies traded on the US stock exchanges, and the index has been since the beginning of 2021. 28 percentshowed an increase. Bitcoin, on the other hand, rose 73 percent in the same period.

Ripple and Cardano investors beware: “They will not be among the top 10 cryptocurrencies”

According to the prepared report Ripple (XRP) and cardano (ADA) investors need to be very careful in 2022. Because Arcane Research claims that both cryptocurrencies will not perform as desired in 2022. Analysts say that both XRP and ADA are on the top 10 cryptocurrencies list. will lose your place is thinking.

“Alternative blockchain technologies will continue to outperform Ethereum”

Ethereum outperformed Bitcoin in 2021. However, there were also technologies that outperformed Ethereum. According to Arcane Research, it is a competitor to Ethereum. alternative Blockchain technologies will outperform Ethereum in 2022 as they did in 2021. In the chart above, you see the annual growth rates of established layer 1 Blockchain technologies such as Ethereum. E.g Terra Lunacloses 2021 with 14,823 percent valuation.

“NFT technology will be the favorite of video game companies”

The trend of the crypto money world shining like a star in 2021, without a doubt NFT technology it happened. NFTs, which we’ve started seeing everywhere from the works of famous artists to video games, will become even more popular in 2022, according to Arcane Research. In particular, video game companies are improving their NFT technologies. will begin to adopt is being considered.

Arcane Research’s predictions for 2022 are not just these. Researchers in 2022 that we will meet brand new cryptocurrency exchangesThey state that most of them will reach a size of more than 5 billion dollars. On the other hand; According to Arcane Research, which thinks that futures exchange-traded funds will have more than 1 million Bitcoins by 2022, Bitcoin mining hash rateswill continue to expand worldwide next year. In other words, Bitcoin mining will become widespread not only in certain countries, but all over the world.

This content is not investment advice.