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How will cryptocurrencies develop in 2022?

 


The well-known analysis platform Arcane Research has published its forecasts for the year 2022. She puts together some exciting predictions about the development of cryptocurrencies in 2022. We'll tell you what the results of the analysis are.

Forecast for cryptocurrencies 2022 - Bitcoin will grow faster than the stock market

According to the forecasts by Arcane Research, the Bitcoin price should outperform the S&P 500, the stock index of the 500 largest US companies, in terms of growth. In 2021, Bitcoin grew by 73% and the S&P 500 by 28%. This trend should continue into the new year. 

XRP and Cardano fall out of the top 10

Arcane Research is aware of the extremely strong growth rates of the Binance Coin, Solana, and Terra. Their strong growth and the hype surrounding the NFTs could ensure that more established tokens such as XRP and ADA from Cardano fall out of the top 10 cryptocurrencies by market capitalization in 2022. 

Layer One blockchain tokens are growing faster than Ethereum

Ethereum left Bitcoin well behind in 2021 with a 455% growth compared to 73% for BTC. The same effect could occur with Layer One blockchains compared to Ethereum in 2022. Cryptocurrencies like Terra Luna would increase in value more than ether. In 2021 Terra rose 14.823%, Fantom rose 13.549%.

Traditional game developers will increasingly incorporate NFTs

In 2021, NFTs and blockchain games were massive trends. Blockchain games like Splinterlands and Alien Worlds have more than 500,000 active users. According to Arcane Research, traditional game developers should soon be increasingly integrating non-fungible tokens into their game worlds.

More crypto companies are going public

In April of last year, Coinbase went public and is currently valued at $ 72 billion. Several more companies should go public in the coming year. Some of these companies could be valued at more than $ 5 billion on the subject of cryptocurrencies.

Forecast for Cryptocurrencies 2022 - Bitcoin ETFs will hold more than 1 million BTC by the end of 2022

Some Bitcoin ETFs were founded in 2021. These currently hold a total of over 846,000 Bitcoins. These ETFs will continue to accumulate in the coming year and should hold more than 1 million BTC in total by the end of 2022.

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