Analysis

10 Safest Cryptocurrencies to Invest in 2022

Cryptocurrencies have gotten standard amongst each retail and institutional traders. There are actually 1000’s of cash which can be valued at over $2 trillion. On this article, we are going to have a look at ten of the most secure cryptocurrencies to purchase. The concept is to have a look at those who have endurance within the coming years to find out the most secure crypto to spend money on!

1. Chainlink (LINK)

Chainlink is a number one blockchain venture that helps different builders to combine off-chain information with the on-chain ecosystem. For instance, a decentralized finance (DeFi) developer can convey information on cryptocurrencies to their platforms. It is usually potential to convey information on climate and sports activities within the trade.

Right this moment, Chainlink is broadly utilized by most builders like AAVE, Anchor Protocol, and Uniswap. In keeping with DeFi Llama, it has a complete worth secured (TVS) of over $60 billion. LINK, its native coin has a market cap of over $7.6 billion. 

Chainlink is a secure cryptocurrency due to its particular function within the trade and its substantial market share within the sector.

Discover ways to purchase Chainlink with our in-depth information or make investments with our really useful platform beneath.

2. Ethereum (ETH)

Ethereum is among the most secure cryptocurrencies to spend money on. It’s a layer 1 community that has created a platform the place builders can construct and optimize their networks. Whereas Ethereum is going through plenty of competitors, its market share in all sub-sectors like gaming, non-fungible tokens (NFT), and DeFi have been sturdy.

Ethereum is anticipated to realize extra market share within the coming years because it completes its transition to a proof-of-stake community. The builders are additionally implementing sharding know-how that can make it quicker and decrease its transaction prices. All these make Ethereum cryptocurrency to spend money on.

Discover ways to purchase Ethereum with our in-depth information or make investments with our really useful platform beneath.

3. Terra (LUNA)

Terra is a huge within the blockchain trade. Terra is one other platform that permits builders to construct dApps. A few of the largest apps constructed within the ecosystem are Anchor Protocol, Lido, and Astroport. In keeping with DeFi Llama, all DeFi apps built-in Terra have a complete worth locked (TVL) of over $25 billion.

Terra can be identified for its algorithmic stablecoins reminiscent of Terra USD, which has a market cap of over $16.7 billion. Lido, which is built-in Terra additionally has Lido Staked Ether, which is valued at over $10 billion. Subsequently, there’s a probability that LUNA costs will maintain rising within the coming years.

Discover ways to purchase Terra with our in-depth information or make investments with our really useful platform beneath.

4. Cosmos Hub (ATOM)

Cosmos is one other standard secure cryptocurrency. It’s a main platform that helps to enhance the communication of varied digital currencies. It achieves this by Inter-Blockchain Communication (IBC) protocol. In keeping with its web site, it now has over 262 cryptocurrencies with over $170 billion in belongings. 

Cosmos additionally has an SDK that hosts a number of the hottest platforms like Terra, ThorChain, and Osmosis, Subsequently, because the ecosystem grows, there’s a probability that the ATOM token will maintain rising.

5. The Graph (GRT)

The Graph is a blockchain venture that gives builders with APIs that assist them index their networks. Builders can submit these subgraphs at any time. Because of this, The Graph is commonly seen by Google within the trade. It has been embraced by most builders reminiscent of Audius, UMA, LivePeer, Synthetix, and Curve Finance, amongst others.

The Graph is a secure cryptocurrency due to how broadly used it’s and the truth that it has minimal competitors within the trade. GRT, its native token, is valued at over $2.8 billion.

6. Avalanche (AVAX)

Avalanche is a brilliant contract platform that provides a greater growth platform than Ethereum. It’s well-known for its blazingly quick transaction speeds and low prices. In a brief time period, Avalanche has attracted lots of of builders from world wide. 

A few of the initiatives constructed on the platform are AAVE, Dealer Joe, BENQI, and Stargate. In complete, it has a complete worth locked (TVL) of over $10 billion. This makes it the fourth-biggest platform within the trade after Ethereum, Terra, and BNB. Subsequently, there’s a risk that Avalanche worth will maintain rising within the coming years. 

7. Cronos (CRO)

Cronos is among the most secure cryptocurrencies to spend money on. It was previously referred to as Crypto.com Coin. Because the title suggests, Cronos was began by Crypto.com, one of many largest exchanges on the planet. 

Cronos’ mainnet was launched in 2022 and has seen a robust efficiency. Its DeFi ecosystem has a TVL of over $4 billion, making it the ninth largest platform within the trade. A few of the high apps constructed utilizing Cronos are MM Finance, VVS Finance, MM Optimizer, and Tectonic amongst others. 

Subsequently, due to its sturdy adoption, there’s a probability that the CRO worth will proceed doing effectively within the coming years. 

8. Fundamental Consideration Token (BAT)

Fundamental Consideration Token (BAT) is the native token for Courageous browser, a number one net 3.0 platform. The token is used to pay Courageous customers for interacting with its adverts. These customers may resolve to contribute their earnings to publishers they love. A few of the high publishers within the ecosystem are corporations like New York Occasions and TechCrunch. Courageous has over 50 million customers globally. 

BAT is a secure cryptocurrency to spend money on due to the rising reputation of Courageous and the truth that the corporate will maintain attracting new advertisers because the variety of customers enhance.

9. Sandbox (SAND)

Sandbox is a number one metaverse platform within the blockchain. The platform has quite a few helpful options. For instance, customers should buy digital plots within the ecosystem. They will additionally purchase different types of non-fungible tokens (NFT) on the platform. 

Additional, Sandbox often hosts occasions the place customers are rewarded utilizing the BAT token. Subsequently, as a result of it’s in a pole place, there’s a risk that the SAND token will maintain rising within the coming years.

10. Solana (SOL)

Solana is one other Ethereum-killer that hopes to dominate the trade. It’s a well-funded platform that has quicker speeds and decrease prices. Because of this, it has been embraced by many builders. A few of the initiatives in its ecosystem are Serum, Marinade Finance, Solend, and Raydium. In complete, these apps have a complete worth locked of over $7.6 billion. Solana is a secure cryptocurrency due to its rising ecosystem.

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