The rise of the Ethereum competitors
Ethereum greatly outpaced bitcoin in 2021, returning 399.2% as the popularity boom of NFTs and creation of DeFi 2.0 protocols like Olympus (OHM) expanded possible use-cases. But with the rise of network activity, a 50% increase in transfers in 2021, Ethereum gas fees surged.
The next cryptocurrency to consider buying in 2022 is PancakeSwap. In its most basic form, PancakeSwap is a decentralized exchange that was launched in late 2020. The exchange allows users to buy and sell digital tokens without going through a third party.
The platform rates Tron as a good investment that can be expected to grow in both the short and long term. DigitalCoinPrice also predicts a bright future for the TRX crypto. Its model sees the coin rising as high as 10 cents in 2022 and 11 cents in 2023. ... By the end of 2023, it expects to see its prices reach 12 cents.
Next Cryptos to Explode: Solana (SOL-USD)
Solana is already one of the biggest clear-cut winners of 2021. The SOL coin has boomed; those that bought in in early January at $1.40 are resting on a 13,000% gain at its current price of $183.10.
The third cryptocurrency that can soar 300%, or perhaps much more, by 2025 is smart contract-based blockchain network Avalanche (CRYPTO:AVAX).
Ethereum's growth has led more bullish crypto market analysts to estimate that the cryptocurrency could reach $5,000 in value by the end of 2021, while other price predictions see the currency stabilise at its current value of roughly $4,500 until 2022.
Ethereum's price has fallen dramatically since its November highs, in part due to wider economic factors. Buying Ethereum now may be a good move -- if you understand risks involved and make sure it's right for your financial situation.
For the longer term, it projects the price will average $0.274 in 2029. The TRON coin price prediction from Coin Price Forecast projects that the price will end 2022 at $0.089, rising to $0.13 at the end of 2023, but then growth will continue to 2026 to reach $0.18.
Conclusion: Future is uncertain
Neither Ripple nor Tron is anywhere close to the popularity of Bitcoin or Ethereum. Therefore, it's rather difficult to make any kind of prediction about Tron at the moment as all options are possible.
Ethereum would need to rise significantly
As of the afternoon of Jan. 18, Bitcoin's market cap was $789 billion, while Ethereum's was $371 billion. This means that the latter would need to soar 113% in value in the next 11 months to claim the top spot (assuming that the former's value would stay flat).
Both currencies remain must-own tokens for new crypto investors, but the more dynamic ETH comes away victorious in the head-to-head comparison for longer-term investors.
“Crypto can be classified into different categories, like DeFi, NFT, utility tokens, store of value tokens like bitcoin and litecoin, and yield farming tokens like Aave,” says Sidharth Sogani, CEO of Crebaco, a crypto research firm.
Altcoins with little or no purpose sell out quickly.
Just sell them while you've got a chance. Likewise, they sell underdeveloped and overpriced coins. The real number of people who get cryptocurrency isn't that high at all. ... Overvalued coins, unless they're at the top of the coin, they're not the ones to invest in.
Ethereum has long retained the top spot, and about one in every four new crypto developers who entered the industry over the last year chose to build on Ethereum.