Underdog Coins To Eye In 2022

Here are some underdog coins that could stay a bit under the radar until next year as the DeFi and NFT markets are in the spotlight this year. There are several noteworthy projects in these areas expected to gain traction in 2022, so it’s worth following them. We can also expect several new projects to emerge on the scene and shake things up. Here are some coins to watch headed into 2022. The 3 Altcoins Ready For 2022 Solana (SOL) One of the strongest altcoins in 2021 that went silent recently but can be expected to have steady growth in 2022 is Solana. It is built on a proof-of-history (PoH) consensus mechanism which allows the network to be more energy-efficient relative to many competitors. While many standard blockchains rely on a sequential production of blocks that require confirmation across the network, PoH allows validators to compute the state of the network from the ledger itself. The Solana protocol can depend on its own internal clock and sustain a throughput of more than 50,000 transactions per second. An under the radar coin that has started gain attention this year, this coin has seen an astronomical rise in the past few months. This could come from the several prominent dApps operating on the Solana network in the fields of DeFi, e-commerce, non-fungible tokens (NFTs), and gaming. Solana has a market cap of $65 billion with average volumes of over $1 billion every 24 hours. It is in the top 10 currencies...