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Cardano, Solana, Avalanche, Pancakeswap, Matic – Top Cryptocurrencies Interesting Facts About 2022

Written By : Market Trends

Cardano, Solana, Avalanche, Pancakeswap, Matic—interesting facts for crypto investors

For those looking to venture into the crypto market, these cryptocurrencies are among the best options to pick from. They are some of the crypto projects with impressive 2022 roadmaps that will make them better and more aggressive in the industry. This guide has some interesting 2022 facts about these cryptocurrencies you should know. 

1. Bitgert

Bitgert cryptocurrency launched on 28th July last year, making it one of the DeFi projects of 2021 that are doing very well in 2022. Bitgert is barely 6 months and is already running a staking program, and its cryptocurrency exchange will be launching in Q1 2022. Already Brise exchange images are out, and the beta version is coming up at the end of February. 

The other interesting fact about Bitgert in 2022 is the upcoming zero gas fee blockchain. This is the hottest topic about Bitgert because this will be the first gasless blockchain in the industry. In 2022, the Bitgert team doxxed and the project registered as a legal entity. For more info, visit the Bitgert website.

2. Centcex

Centcex cryptocurrency is mooning when other coins, including Bitcoin and other large cryptocurrencies, are dropping. The first week of January 2022 had been impressive for the Centcex investors as the coin was growing fast. This project is designed for incredible token utility with the launch of multiple products in the ecosystem.

The team has Centcex lab as one of the major products. The lab is funded by 3% of every transaction to develop an unlimited number of products. This is plus the Centcex staking, which offers 100% APY of revenue generated by the products, is what's attract most crypto investors. The team is currently working on the Centcex Exchange, which will be a superior cryptocurrency exchange. Visit the Centcex website for more info.

3. Cardano

One of the interesting facts about the Cardano is the upcoming Hydra launch. The protocol upgrade is slotted for 2022 and will make the network superior. Hydra is a layer-scaling protocol that is expected to increase the Cardano transaction per second to 1 million. This will be an impressive tps that will make Solana almost irrelevant.

The Hydra upgrade will also increase the security, safety, and user-experience features of the Cardano network. With this upgrade, Cardano will be the most sought-after blockchain, and this means more projects on the network and higher demand for Cardano $ADA.

4. Solana

Solana is currently the fastest blockchain. This is a fact proven by the data provided by Solana and other reliable audit organizations. The latest study has shown that the Solana network is processing about 65,000 transactions per second. This makes it the leading blockchain in terms of speed of processing transactions.

But the Solana is not stopping from pushing the limits and will soon be improving the mainnet to make the blockchain is better to address its current 400,000 tps demand. Therefore, there is a lot from Solana coming up in 2022. In fact, $SOL is one of the cryptocurrencies expected to do very well in the market in 2022.

5. Avalanche

Avalanche has, for some time now, been one of the fastest smart contracts in the industry. The demand for faster and cheaper blockchain platforms has made the cryptocurrency grow large from September 2020. Over the years, there have been over 400 projects on the Avalanche network.

Avalanche has also burned millions of dollars worth of  AVAX since the launch, which has continued to increase the scarcity of the token. This is another major reason that has enabled Avalanche to grow fast. The Avalanche team will improve the contract to make it even better in 2022.

6. PancakeSwap

When looking to invest in a coin that just launched, the best place you can find it is at PancakeSwap. PancakeSwap is a decentralized exchange, which is still anonymous, inspired by UniSwap and was launched in late 2020. But it is PancakeSwap's flexibility and ability to accommodate new cryptocurrencies that are making it popular in the industry. 

PancakeSwap is increasingly growing from just being an exchange to a more utility crypto project. The team has brought more products to the ecosystem, including a lottery and NFTs for the $CAKE holders. PancakeSwap users can buy tickets for the lottery using $CAKE, and the wins include $CAKE or NFT tokens that can be traded for CAKE or be added to the wallet. Therefore more PancakeSwap token utility might be coming up in 2022.

7. Matic

Matic is the native currency that is used on the Polygon smart contract platform. This is a blockchain-based platform built on the Ethereum blockchain to provide developers with a platform to develop decentralized applications. Polygon (MATIC)  has transformed the Ethereum network into a multi-chain system to improve its scalability.

Polygon (MATIC) only supports Ethereum built projects. Project in the Ethereum network can easily migrate to Polygon (MATIC), where they enjoy a higher transaction speed and a lower gas fee. This is the reason why MATIC has been growing fast, as the number of projects joining this smart contract has been increasing every day.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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