The crypto market's decline from $3 trillion to $2 trillion, as measured by CoinMarketCap, comes after a period of huge growth for cryptocurrency prices that saw the market swell from just $200 billion two years ago. Bitcoin was down almost 10% to just over $41,800. Ethereum, meanwhile, fell 13% to around $3,197 this week. The sudden fall in prices of currencies like Bitcoin, Ethereum, Dogecoin, Shiba Inu, Solana & Matic started after the Federal Reserve meeting in which officials discussed the possibility of increasing interest rate hikes. 

Ethereum (ETH): Ethereum's shift to proof of stake and the broader shift of users from layer 1 to layer 2 is now underway. By the end of 2022, Ethereum itself will primarily be a blockchain that is used for other blockchains. The future looks bright for the settlement layer of the internet and one can look at it in the first quarter of 2022. Although according to some analysts, Ethereum 's inability to surpass US$4,000 resistance since the beginning of 2022 indicates a bearish trend for the crypto. 

EverGrow (EGC): EGC is a relatively new crypto, that is up over 120% in the last week. EGC recently beat past the mark of 125K holders and $31 million BUSD rewards in just 14 weeks of launch. EverGrow contracts distribute 8% of every transaction among the holders by converting it to BUSD, while 2% is used for constant Buyback and burn. EverGrow recently announced $31 million in rewards distribution and launch of their utilities that includes Play-to-Earn Game, NFT lending ecosystem, and Content subscription platform. 

Solana (SOL): Solana's cryptocurrency is still up roughly 6,780% over the past year of trading. The SOL token has skyrocketed thanks to speculative momentum and surging interest in the Solana blockchain ecosystem. Solana can process up to 50,000 transactions per second, While Ethereum's blockchain network is currently capable of handling roughly 13 transactions. The recent weeks have been a tough week for Solana users and the network performance has slowed down massively. The rise in high compute transactions led to a reduction of network capacity to "several thousand transactions per second."

Polygon (MATIC): MATIC is the native crypto of Polygon. Polygon is a Layer 2 scaling solution for Ethereum. It also functions as a platform for building and connecting Ethereum compatible blockchains networks. Polygon's scalability focus is what makes it very attractive for decentralized applications that run on the Ethereum blockchain. Uniswap, the biggest Ethereum Dex by Volume, announced that they had deployed Uniswap V3 on Polygon on December 22nd, 2021. The popular web browser Opera also announced that it was integrating with Polygon to enable Ethereum layer 2 capabilities and Dapp access in its browser. It will be interesting to see how things unfold for Matic in 2022.

Shiba Inu (SHIBA): Shiba Inu probably was the most talked-about meme token of 2021 and most viewed crypto according to Coinmarketcap. This hot cryptocurrency posted a whopping 44,000,000% gain for the full year. Shiba Inu is built on the Ethereum blockchain and the current utility of Shiba Inu is limited to only buying/selling tokens, staking them for passive income, or using them at certain merchants as a payment method. SHIB developers want to drop the 'memecoin' tag with the launch of its own Blockchain called Shibarium. Shibarium is expected to provide SHIB users with new functionalities such as reduced gas fees