5 Crypto Trends To Expect In 2022

It is undeniable that Crypto has become mainstream this year. From NFTs to Metaverse, we’ve seen that these technologies are being discussed in almost every corner of the world. The rapid growth of Cryptocurrency has offered investment opportunities to everyone. which not only offers opportunities for retail investors but also large institutional investors

The Growing Growth of Digital Assets Possibly as a result of technical advancements, countries around the world are trying to use decentralized technology as an alternative to their payments. However, you need to know first what the trend of cryptocurrencies will be in the coming year. Because it allows you to see more clearly the opportunity to profit from this market.

1. NFT not going anywhere

This year, Non-Fungible Tokens (NFTs) have become the hottest topic in the blockchain world, artist’s The First 5000 Days artwork. Beeple It sparked the idea of ​​NFT and has since become a public sentiment. It is also recognized in the music industry. Kings of Leon, Shawn Mendes and Grimes recently released their new album, All NFTs.

Metaverse became mainstream in the fourth quarter of this year with the arrival of the global big-tech company. Facebook , Microsoft, Baidu , Huawei that has helped to create the hype for this area And as you know, Metaverse is based on NFT, which allows people to own assets in a virtual world that overlaps with the real world. Therefore, many speculate that the trend of NFT will remain unchanged in the coming years.

2. Play to earn games will become in demand.

Axie Infinity , Splinterland , Decentralands and The Sandbox It’s an example of a Play to earn game that increases the reach of the ecosystem. DeFi and NFT

According to Coinlist, the interface between DeFi and games will gain more momentum in 2022. Game-focused platforms like Flow and Immutable X will be more important. Young gamers will be able to own assets within the game and trade them on the secondary market via the blockchain network. All of these ecosystems are expected to see significant growth in the coming years and will be appreciated widely.

3. Smart contract implementation is expected to be the focus.

From NFT ownership to smart contracts Ethereum They are all applied in a wide variety of applications. Meanwhile, projects running on Ethereum have seen a significant increase in network transactions this year. And it is expected that smart contract networks such as Ethereum and Solana will continue to grow to drive scalability and increase the value of future transactions.

4. Price Growth Bitcoin and Altcoins

Today price predictions are becoming more and more challenging. Especially when it comes to Bitcoin and other digital assets.

The most controversial issue is inevitably the Bitcoin price target of $100,000, and many believe the target will be years away. Considering the current price fluctuations

However, with severe economic problems and rising inflation It is still possible that we will see a bright future for Bitcoin and crypto coins in 2022.

5. Crypto Regulations

If 2021 is the year of cryptocurrency regulation, 2022 will be the year of regulation. Because this year, many cryptocurrencies have shown that they are not going away. And this is what makes regulators begin to understand and accept them.

While some countries may maintain a strict stance on cryptocurrencies. Critics believe the overall trend will lead to more crypto adoption next year. Even if it means adopting some precautionary measures.

source: newsbtc