Thu, November 7

Top 3 Most Promising Cryptocurrencies of 2022

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  • Cronos is down 6.00% in the last 24 hours.
  • The Velas Ecosystem comprises decentralized goods built on top of its chain.

Let’s look at the top three most promising cryptocurrencies for 2022.

Cardano (ADA)

Although Bitcoin relies on a more energy-heavy proof-of-work method, Cardano has effectively deployed a consensus mechanism that is less energy expensive. Even if Ethereum is going to be upgraded to PoS, the process is likely to be slow. However, the technology produced as part of the project has through a rigorous peer-review process, allowing even the most radical concepts to be tested and proven or disproven.

According to CMC, the Cardano price today is $0.675945 USD with a 24-hour trading volume of $3,008,144,819 USD. Cardano is down 1.78% in the last 24 hours.

Cronos (CRO)

A decentralized, open-source blockchain built by Crypto.com, Cronos (CRO) is the native cryptocurrency token of Cronos Chain. It is one of Crypto.com’s solutions for strengthening personal control over money, securing user data, and protecting users’ identities via cryptocurrencies.

According to CMC, the Cronos price today is $0.230423 USD with a 24-hour trading volume of $140,784,967 USD. Cronos is down 6.00% in the last 24 hours.

Velas (VLX)

Velas claims to be the fastest EVM Blockchain globally, allowing for up to 75 000 TPS, all while maintaining the greatest level of security possible. The Velas Ecosystem comprises decentralized goods built on top of its chain to demonstrate the ease of use of decentralized, open-source products. A novel temporal architecture and transaction processing method are implemented in Velas’ high-performance protocol, which is more efficient than existing blockchains.

According to CMC, the Velas price today is $0.135281 USD with a 24-hour trading volume of $7,001,599 USD. Velas is down 7.97% in the last 24 hours.

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.