According to Matt Hoogan, chief investment officer of Bitwise Asset Management, investors are starting to prioritize cryptoassets other than bitcoin.
The following article introduces 3 cryptocurrencies from 2022.
Cryptocurrency from 2022 – Solona’s forecast of three cryptocurrencies by 2022
In an interview with Emily Chang of Bloomberg Technology, Hogan was upbeat about Ethereum, Polygon, and Solana.
According to Hugan, investors are now looking for more than just Bitcoin:
“Many investors entered the market with bitcoin in 2020 and 2021 and are now discovering that cryptocurrency is not just bitcoin. Other projects could be big stories next year. Cryptocurrencies will be decentralized finance (DeFi), non-convertible tokens (NFT), cryptocurrency will be Web 3.0, cryptocurrency will be the base of the metaverse. These are the assessments of investors. ”
The CEO said that if he had to choose between Bitcoin and Ethereum, he would choose Ethereum, the second largest cryptocurrency by market capitalization:
“I think the asset of the year is Ethereum. I love all my children equally, but if I had to choose, I would choose Ethereum. This is in line with my expectations for future results. Blockchain is currently undergoing a lot of activity. ”
Ethereum’s own token, Ether, is an open source decentralized blockchain system and most decentralized smart contracts run on Ethereum.
Cryptocurrency 2022 – Ethereum
Ethereum’s vision is to be a decentralized application platform that will allow users from all over the world to create and run programs for censorship, fraud, and interruption protection.
There is the potential for an explosion of activity around Ethereum and other Layer 1 solutions, according to Matt Hoogan.
Cryptocurrency will explode in 2022 – Solona
Solana makes it easy to build decentralized applications (DApps). The introduction of a proof of stake consensus coupled with the proof of stake consensus on which the blockchain is based improves scalability.
Solana’s hybrid consensus model attracts both small and institutional traders because of its innovative characteristics.
New investors are now exploring cryptocurrencies other than bitcoins.
Cryptocurrency from 2022 – polygon
Another project that Hugan is focusing on is Polygon (formerly known as Matic Network), a platform that offers scalability as a second layer based on the Ethereum infrastructure. Polygon SDK is the core of the system, a flexible modular structure that can be used to create a wide variety of applications.
With the help of Polygon, Ethereum is effectively transformed into a multi-chain network (also known as internet blockchain). With the security, dynamic ecosystem and openness of Ethereum, this multi-chain system can be used by Polkadot, Cosmos, Avalanche, etc., including such projects.