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If you're like me, you're always looking for new investment opportunities. And if you like cryptocurrencies, you'll want to check out Nem (Xem), Avalanche (AVAX), and Solana (SOL). These are all projects that are expected to start in 2022. So without further ado, let's try each of them!
Avalanche (AVAX):
Avalanche (AVAX) will begin selling hosted decentralized applications (dApps), self-service smart contracts that provide blockchain services, in 2020. Differentiating one network from another is a process known to "burn". Avalanche (AVAX) is another strong cryptocurrency in the market. It claims to be the fastest smart contract technology in terms of time to completion. According to Avalanche (AVAX), traders don't have to wait too long for transactions. For example, Ethereum (ETH) can take up to 6 minutes to complete a transaction. In comparison, Avalanche (AVAX) takes less than 2 seconds to process a transaction. AVAX enables software developers to create decentralized applications. The platform can be used to create private and public blockchains. It is also possible for individuals to use it to create their own blockchain. Most importantly, it allows businesses to scale with as little hardware as possible.
Solana (SOL):
Solana (SOL) is a major cryptocurrency with a market cap of around $33 billion. Despite numerous cyber attacks, hacking operations and other online attacks, the protocol remains one of the most popular cryptocurrencies in the world.
It is a decentralized blockchain designed for creating decentralized applications. With its ability to process 65,000 transactions per second, Solana (SOL) has earned the nickname “Ethereum Killer”. This means you can expect lightning-fast transactions and a huge opportunity to scale smoothly.
However, Ethereum (ETH) can only handle 30 transactions per second. Solana (SOL) is another example of a cheap coin aiming for global adoption. According to CoinMarketCap, the token is currently trading at $92. During the last cryptocurrency decline, the currency managed to hold its value.
Conclusion:
While it's important to do your own research before investing in any cryptocurrency, the three above are worth keeping an eye on as they have the potential to be game-changers in the industry. Nem (Xem) is working to create a more efficient and secure payment system, Avalanche (AVAX) aims to provide faster and cheaper transactions, and Solana (SOL) is trying to solve the scalability problem that hinders the implementation of blockchain technology. its full potential. Keep these projects in mind if you continue to follow the cryptocurrency market; they will be worth more in 2022 than they are now.
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