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Top 3 Cryptocurrencies to Outperform Bitcoin by 2022?

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Sajjad Ahmed
Sajjad Ahmed
Photojournalist / Web Editor

Many cryptocurrencies grew faster than Bitcoin in 2021, and they may do so again in 2022. Following this last downturn, several wonderful hidden treasures are set to emerge.

Many smaller crypto projects will expand faster than Bitcoin in the next year, but the king of crypto will still have a place in every portfolio. However, smaller initiatives like Polygon, Cosmos, and Kusari are worth looking into.

Bitcoin (BTC) is the progenitor of all cryptocurrencies, and it has generated extraordinary gains of about 60,000,000% since its inception. However, as it ages, it slows down and isn’t as efficient as many other leading blockchains.

According to CoinMarketCap statistics, Bitcoin has gained roughly 60% in the last year. Despite its volatility, it is becoming more widely seen as a form of digital gold or a store of wealth. Something that will not lose its worth over time is referred to be a store of value.
Bitcoin is safer than other investments, despite the fact that all crypto-currencies have dangers. It has been around the longest and has made the most headway in terms of adoption. Smaller initiatives, on the other hand, will not provide the same percentage increases.

As we examine these three alternative cryptos, we can see that they all have the potential to expand faster than Bitcoin by 2022.
But don’t forget about Bitcoin (BTC): it still has a place in your wallet!

1. Polygonal (MATIC)

Polygon is a layer 2 solution aggregator for Ethereum. Layer 2 solutions are built on top of the original blockchain and are designed to increase performance. In the case of Ethereum, this can lower gas costs while also speeding up transaction processing. Polygon addresses a significant issue that many Ethereum developers and traders face.
Even once the Eth2 upgrade is complete, Vitalik Buterin, the inventor of Ethereum, believes that tiers 2 will continue to play an important role in terms of scalability and interoperability. Polygon will also be a valuable thing to carry in your wallet.

2. Cosmos (ATOM)

Layer 1 networks are another cryptocurrency that might outperform Bitcoin this year. These networks have gone back to the drawing board and created new cryptographic smart contract ecosystems that are faster and less expensive to construct. Layers 2 aren’t required to boost their performance.

Solana (SOL) is the one that has made headlines this year after a price spike of more than 11,000 percent last year, but there are other others, including Cosmos, that are vying for attention this year.

Cosmos is intriguing because it is a programmable blockchain that also prioritizes interoperability, or the ability of networks to connect with one another.
Cosmos is a smart cryptocurrency to invest in since interoperability is going to become more difficult in 2022. Cosmos is a solid cryptocurrency to keep an eye on.

3. Kusari (KSI)

Kusari (Chain in Japanese) is a newcomer to the blockchain with a low market value and a limited quantity of only 1.7 million coins. The blockchain uses the consensus NPoS algorithm, making it completely decentralized.

Built on the Substrate foundation, it makes the chain more flexible for future forkless updates with web3.0 technologies, allowing it to scale up with apparently ever-changing ecosystems and avoid the problem of network upgrades that most blockchains now face.

Kusari, like Kusama on the Polkadot network, is a live test network that serves as a proving ground for cross-chain decentralized projects that will eventually become part of the SwapDEX Chain and ecosystem, which will include bridges, wrapping functions, encrypted OTCs, and is designed for fast, secure, and trust-less decentralized DApps run by the entire community, making it one of the top picks for 2022.

Diversification is the key.

In reality, if the cryptocurrency industry continues to grow at its current rate, many projects will grow faster than the king of crypto, BTC, and smaller market cap blockchains simply have more percentage growth potential, especially new up and coming blockchains, so diversify into new up and coming coins and tokens.

We have no idea what will happen to cryptocurrency in 2022. Prices may decrease, and the economy as a whole may collapse, taking cryptocurrencies with it, but crypto has a lot of upside potential, so picking the correct investment is critical.

Maintaining a diverse portfolio is one strategy to reduce your risk. This entails investing only a tiny portion of your entire portfolio in smaller projects and maintaining a balance of different sorts of currencies in your crypto portfolio. You could maintain Bitcoin and add a few layer 1, layer 2, metaverse, and web3 tokens to it.

It’s understandable to be enticed by bigger profits, and there are some fascinating ventures available. Finally, only you are aware of your financial objectives and risk tolerance.

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