Solana

Top 3 Cryptos to Buy in 2022 – Solana (SOL), Ethereum (ETH) and Seesaw Protocol (SSW)

Top 3 Cryptos to Buy in 2022 - Solana (SOL), Ethereum (ETH) and Seesaw Protocol (SSW)

Certain themes are emerging as the cryptocurrency market continues to experience volatility in 2022. One is that developers are jumping at the chance to build incredible utilities with the potential to disrupt markets ranging from finance to event ticketing. Another issue that blockchains face is scaling and user needs, which poses challenges in some areas.

In the long run, the cryptocurrencies that are best equipped to deal with both opportunities and challenges will perform the best. That’s why I think the best cryptocurrencies to invest in right now are Solana (SOL), Ethereum (ETH) and Switch Protocol (SSW).

Solana (SOL)

The Solana blockchain, which supports smart contracts, is attracting developers — and for good reason. On Solana, transactions are extremely affordable and only take a few seconds. This contrasts with Ethereum, the world’s largest blockchain for smart contracts, where transactions can cost up to $100 and take several minutes. Developers can create disruptive products due to low development costs.

Recently, Solana Pay was announced, allowing customers to pay merchants on the Solana blockchain using Solana or a stablecoin like USDC – which is pegged to the US dollar. Fees are in the penny range, posing a threat to more expensive financial networks such as Visa (NYSE: V) and Mastercard (NYSE: MA), which charge between 2% and 3% on each transaction.

Non-fungible tokens (NFTs) are also thriving on Solana, allowing developers to fund projects through a variety of means, including games and decentralized financial products.

We have no idea what developers will build on the Solana blockchain, but the possibilities are virtually limitless given the low transaction costs and fast transaction speeds, which is why I’m bullish on Solana.

Ethereum (ETH)

Although Ethereum (ETH) is the market leader, it faces a tough year ahead. Ethereum is where the big bucks are in smart contracts, as this is where NFTs have gained traction, with companies like Opensea now processing billions of dollars in monthly NFT sales. However, Ethereum’s proof-of-work structure leads to high transaction costs and a slow network, which will be a hindrance unless improved quickly.

A series of upgrades called Ethereum 2.0 are intended to transition Ethereum to a more affordable proof-of-stake protocol. If all goes well, this will reduce the cost of Ethereum and speed up transactions, allowing it to compete more effectively with Solana. Given the financial investment and momentum already behind Ethereum, being close in cost and speed may be enough to keep it at the top of the list of blockchains that support smart contracts.

Switch Protocol (SSW)

Seesaw Protocol is a cryptocurrency that acts as a connector between multiple blockchains or ecosystems, allowing holders to send and receive value between them. By facilitating transactions between Binance (BNB), Polygon (MATIC) and the Ethereum Smart Chain, SSW outperforms other cryptocurrencies (ETH).

Additionally, it allows the Seesaw protocol to offer more affordable and faster transactions to holders by using the most efficient blockchain at the optimal time (depending on congestion) to find the fastest and cheapest transaction.

Seesaw Protocol’s presale has just begun, giving shoppers a great opportunity to get in early. As demonstrated by Solana’s incredible 40,000%+ surge last year, investing in these types of cryptocurrencies early can lead to massive returns.

The presale price of Seesaw Protocol has already jumped from $0.005 to over $0.067, implying that holders have profited over 1000% in just a few weeks. Since holders are not allowed to sell during the presale, the price can only go up until launch. Given this is the first pre-sale phase and assuming the current buy rate continues, early buyers could see a 20x ROI before SSW launches in April.

In an environment where cryptocurrencies are advancing at a breakneck pace, investing early can result in massive profits on a relatively small initial investment. In 2022, Seesaw Protocol has the best chance of exponential growth.

To learn more about the Seesaw protocol:

Presale: https://presale.seesawprotocol.io/register

Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol

Warning:

The above content is non-editorial and TIL hereby disclaims all warranties, express or implied, in connection therewith. TIL does not necessarily guarantee, endorse or approve any of the above content, and is not responsible for it in any way. Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for any loss arising from such transactions. The article does not constitute investment advice. The law relating to virtual digital assets/crypto-technology is evolving. Readers must comply with all applicable laws, including, but not limited to, applicable tax laws. Please take all necessary measures to ensure that the information and content provided is correct, updated and verified. Above Content does not promote, suggest or present Crypto as a means of resolving financial difficulties/achieving financial security/acting as an alternative to employment/earnings opportunities.

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