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3 reasons why 2022 could be the best year for Cardano



 The year 2021 was an extremely successful one for Cardano. However, the new year 2022 could be even more successful for the network. Some indicators suggest that Cardano could make great strides in the coming year and that ADA price could hit new all-time highs.

Cardano in 2022 - 1st forecast: massive increase in addresses and transactions 

Cardano has been criticized many times in the past for being too academic and for neglecting the usefulness of the platform and the ability of mass adoption. However, data from the last few weeks show that the number of addresses and transactions is increasing massively.

In 2021 Cardano did very good groundwork by establishing secure and efficient smart contract functions. Many investors estimate that there could be more than 250 decentralized applications on Cardano by the end of 2022. At the same time, this should cause the number of transactions and addresses to explode again in 2022.

2. Stronger partnerships with large corporations and government agencies

Cardano is very popular with large companies and also with sectors with tight government agreements due to its high energy efficiency. The “green footprint” is a powerful advertising medium. In contrast to Ethereum, the network stands out due to its very energy-saving and therefore environmentally friendly functionality.

Through these new partnerships, Cardano could take an important step in mass adoption. The scientific approach advocated by the Foundation could become a major advantage over other smart contract platforms such as Solana and Avalanche in the medium and long term. Large companies in particular are currently very concerned about long-term benefits and sustainability.

Cardano in 2022 – 3. dApps Explosion

In the first point, the extremely positive forecast for the increasing number of decentralized applications (dApps) on the Cardano blockchain was addressed. The development can already be guessed from the fact that the developer platform GitHub Cardano has the most “commits” among the crypto projects. Commits are suggestions of project changes by contributors on the platform.

The focus of the dApps is on Decentralize Finance (DeFi), an enormous growth market. According to CEO Charles Hoskinson, Cardano plans to work on an ADA-ready DeFi verse in the next 9 months. An explosion in the DeFi area could have a massively positive effect on the price of the ADA token in 2022.

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