A big part of the world today have their eyes on the crypto market, but before you put your money into the coins, you should have first-hand knowledge of the cryptos you will be buying. We’ll take you through some promising cryptos of 2022 and why you should keep them on your watchlist.
SOLANA (SOL)
Solana is a highly operational blockchain built to provide a DeFi solution. It is undoubtedly the fastest growing blockchain and one of the fastest-growing ecosystems in the crypto market, with over 400 projects in DeFi, Web3, and NFTs, and many more projects. It supports builders in creating scalable and user-friendly DApps around the world. Solana ensures an assemblage between tasks on the ecosystem by keeping a single global state as the network grows.
The NFT sales on the Solana blockchain recently surpassed $1B in all-time volume. Solana-based NFTs have gained recognition lately as the transaction fees on the ETH blockchain are high. All Solana transactions stay less than $0.01 for all users and app developers. With a speed of 400milliseconds block times, the network gets faster as the hardware gets faster.
EVER GROW (EGC)
$EGC, a deflationary token, is the first token with a unique reward system that rewards its holders in Binance pegged USD ($BUSD). EverGrow has paid nearly $33 million dollars in passive income to its 130K holders within 16 weeks of launch. Holders of $EGC are rewarded 8% from every Buy/Sell/Transfer Transaction in $BUSD. While 2% from every Transaction is collected and converted to BNB for buyback and burn.
Ever Grow (EGC) will be launching more utilities in the coming months. EGC ecosystem includes NFT Marketplace, which will enable users to Buy, Sell, and Mint NFTs on their platform. We also have the NFT lending, the first Decentralized Marketplace to provide liquidity in NFT DeFi. This is built on the Binance Smart Chain BSC; it’ll allow NFT owners to earn from their NFTs.
The project roadmap for 2022 also includes staking pools, Oracle-based NFT games, Wallet, and Tokenomics-based Exchange. With its soon-to-be-launched content subscription platform “Crator” EGC also plans to step into the metaverse.
CARDANO (ADA)
Cardano is a decentralized blockchain platform, initially released in 2017 by the Cardano Foundation. It uses a Proof-of-Stake (PoS) blockchain platform named ‘Ouroboros’ and is the first platform established on peer-reviewed research. It helps to ease peer-to-peer transactions. It is the biggest cryptocurrency to employ PoS blockchain, which is more environmentally sustainable in contrast to the previous Proof-of-Work (PoW) Protocol. Cardano will be one of the top cryptos to explode in 2022.
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