Cryptocurrencies today are considered one of the most profitable investment tools, although the riskiest ones. Some coins increase in their rate several times in a matter of days or hours, while others grow slowly but surely. Today we will consider the most profitable cryptocurrencies in 2022 based on analysts’ opinions, the price behavior of coins on the market, the fundamental principles of projects, the interest of institutional investors, and other factors. Let’s get started!
#1 Bitcoin (BTC)
-
- Market cap: $390,656,403,809
-
- Creation date: 2009
-
- Current/Max Supply: 19,087,337.00/21,000,000 BTC
-
- All-Time High (ATH): $68,789.63
-
- Bitcoin ROI: 15,014.61%
Bitcoin enjoys all the advantages of a pioneer: it is the most famous and sought-after coin, and no one has been able to surpass its popularity yet, even though its technological flaws. Many experts are convinced that in the coming years, the bitcoin rate will rise to $100,000 despite the current bear market.
#2 Ethereum (ETH)
-
- Market cap: $143,618,118,430
-
- Creation date: 2015
-
- Current/Max Supply: 121,447,157.44/unlimited ETH
-
- All-Time High (ATH): $4,891.70
-
- Ethereum ROI: 41,585.14%
Ethereum was launched as a platform for creating smart contracts and deploying decentralized applications. This turned out to be such a good idea that an entire DeFi infrastructure has since grown on Ethereum. Accordingly, the value of ETH, which serves to pay for all transactions on the network, is also growing. At the moment, Ethereum is in the transition phase to Eth 2.0, which attracts investors further.
#3 Binance Coin (BNB)
-
- Market cap: $38,713,183,176
-
- Creation date: 2017
-
- Current/Max Supply: 163,276,974.63/165,116,760 BNB
-
- All-Time High (ATH): $690.93
-
- Binance Coin ROI: 205,542.63%
BNB is demanded for several reasons: firstly, the artificially created scarcity and the quarterly burning of some coins positively affect the price. Secondly, this is a coin that developers are giving more and more utility to every day. A lot of the functionality of Binance exchange is firmly tied to this asset.
#4 Cardano (ADA)
-
- Market cap: $15,783,213,620
-
- Creation date: 2015
-
- Current/Max Supply: 33.93B/45B ADA
-
- All-Time High (ATH): $3.10
-
- Cardano ROI: 2,040.39%
ADA is considered one of the safest investments because its growth shows stability and confidence. The science-based blockchain, which at the same time is quite feasible from a commercial point of view, attracted the public. A flexible staking mechanism makes it easy for even beginners to join the network. Finally, at the project’s helm is IOHK, a pioneer in developing distributed computing systems and decentralized technical solutions.
#5 Internet Computer (ICP)
-
- Market cap: $1,392,337,658
-
- Creation date: 2021
-
- Current/Max Supply: 241,881,333/unlimited ICP
-
- All-Time High (ATH): $750.73
The Dfinity Foundation created the Internet Computer Token. The new system allows users to create applications, websites, and other services. The premise is that it can be used to recreate the internet in a more decentralized form. The project’s founder believes that ICP is able to challenge Internet giants such as Google, Facebook, and Amazon.
#6 Stacks (STX)
-
- Market cap: $522,504,356
-
- Creation date: 2020
-
- Current/Max Supply: 1.32B/1.81B STX
-
- All-Time High (ATH): $3.61
-
- Stacks ROI: 228.85%
Stacks is a distributed platform that uses the security of Bitcoin to create smart contracts and decentralized applications. To connect to the network, it is not necessary to recreate a PoW mechanism. The project consists of several layers: applications, protocol, Stacks blockchain, and Bitcoin system. The STX token powers all activities on the native platform — transactions, smart contracts, and the use of a BNS naming service.
#7 NEAR Protocol (NEAR)
-
- Market cap: $2,554,288,675
-
- Creation date: 2020
-
- Current/Max Supply: 728,542,396/1,000,000,000 NEAR
-
- All-Time High (ATH): $20.42
-
- NEAR Protocol ROI: 190.83%
The Near Protocol project is a secure decentralized computing platform aiming to create an infrastructure that supports dApps and aims for mass adoption. The protocol is seen as a very promising project that can solve the existing problems of scalability and centralization of other cryptocurrencies.
#8 Chia Network (XCH)
-
- Market cap: $194,764,942
-
- Creation date: 2021
-
- Current/Max Supply: 4,445,869.00/unlimited XCH
-
- All-Time High (ATH): $1,934.51
Chia cryptocurrency is very similar to bitcoin in terms of its technical features, but there is a difference in the way of mining. Here it is called pharming and is carried out using hard drives. You can use unused free space to mine cryptocurrency. Of course, in the very first weeks, the difficulty increased so much that a user of a regular home PC is unlikely to be able to earn anything without a pool. Thus, the more valuable a new coin becomes.
#9 Polkadot (DOT)
-
- Market cap: $6,895,769,761
-
- Creation date: 2020
-
- Current/Max Supply: 987,579,314.96/unlimited DOT
-
- All-Time High (ATH): $55.00
-
- Polkadot ROI: 150.42%
Ethereum’s rival, the Polkadot network, aims to create and support dApps but differs in that it allows developers to create and connect their own blockchains. Thus, developers reserve the right to provide the functionality they need while enjoying the benefits and security of the main Polkadot network. The DOT token is the main tool that allows blockchains to be connected to the main network.
#10 Polygon (MATIC)
-
- Market cap: $4,221,269,717
-
- Creation date: 2020
-
- Current/Max Supply: 8.01B/10B MATIC
-
- All-Time High (ATH): $0.003012
-
- Polygon ROI: 11,561.67%
Polygon (formerly Matic Network) is a layer-2 scaling solution with an off-chain computing engine that secures assets using a Plasma framework and a network of Proof-of-Stake (PoS) validators. It aims to conduct scalable and instant blockchain transactions. MATIC serves as the currency of settlements between users. In the future, this token will be converted to a POLYGON token.
#11 VeChain (VET)
-
- Market cap: $1,695,160,445
-
- Creation date: 2018
-
- Current/Max Supply: 72.51B/86.71B VET
-
- All-Time High (ATH): $0.2782
-
- VeChain ROI: 55.43%
The VeChain network is focused on working with supply chains, namely, with their transfer to a blockchain. It is actively used in business applications and logistics, facilitating traceability, quality control, inventory management, and more. Almost every month, the project enters into new partnerships, or one infrastructure or another implements its technology. All this promises a great future for the native VET token.
#12 Dogecoin (DOGE)
-
- Market cap: $9,187,745,515
-
- Creation date: 2013
-
- Current/Max Supply: 132.67B/unlimited DOGE
-
- All-Time High (ATH): $0.7376
-
- Dogecoin ROI: 12,293.88%
The growth of Dogecoin over the past year has amounted to more than 16,000% — the reason for this is Elon Musk’s tweets and the activity of Reddit users. But in addition to the rate’s growth, this also had other positive consequences for the coin: in particular, some well-known companies began to accept DOGE for payment. However, due to an unlimited issue, the coin’s growth even to $1 will definitely not be fast.
#13 Shiba Inu (SHIB)
-
- Market cap: $5,782,150,358
-
- Creation date: 2021
-
- Current/Max Supply: 549 063 278 876 302/unlimited SHIB
-
- All-Time High (ATH): $0.00008845
-
- Shiba Inu ROI: 652,815.3%
SHIB is one of the many parody tokens on Dogecoin. The developers sent a large number of initially issued tokens to Vitalik Buterin, who subsequently transferred them to charity. SHIB expects to overtake Dogecoin and is taking the following steps to do this: limiting the supply and adding a decentralized exchange.
#14 Solana (SOL)
-
- Market cap: $12,671,232,712
-
- Creation date: 2017
-
- Current/Max Supply: 343,776,154.30/unlimited SOL
-
- All-Time High (ATH): $260.06
-
- Solana ROI: 16654.07%
Solana has attracted a lot of cryptocurrency supporters by dealing with one of the biggest problems with existing blockchains — poor scalability. This problem hinders the mass adoption of cryptocurrencies. With a low threshold, a cryptocurrency cannot compete with payment systems like Visa. For this reason, Solana was developed, which is capable of processing over 50,000 transactions per second.
Conclusion
Although Bitcoin is most often in the news, it is far from the only coin that deserves attention. We talked about the most profitable cryptocurrencies in 2022, but it is not possible to cover absolutely all worthy coins. Moreover, new and promising projects appear regularly. When choosing a cryptocurrency for investment, you need to make a choice — quick earnings on a coin that everyone is talking about or long-term prospects with projects that offer a really valuable idea. Better yet, combine these options in your investment portfolio.
Disclaimer
This information is provided for informational purposes only. Such information is not intended as and may not be relied upon as trading advice. Before deciding to trade cryptocurrencies, you should carefully consider your objectives, level of experience, and risk appetite. Please do your own research and due diligence on the services provided by online cryptocurrency trading platforms.
Leave a Reply