As the cryptocurrency market continues to experience volatility in 2022, certain themes are emerging. One is that developers are seizing the opportunity with both hands, constructing some incredible utilities that have the potential to disrupt markets ranging from finance to event ticketing. Another issue is that blockchains face is scaling and user needs challenges, which is causing headaches in some areas.
Long term, the cryptocurrencies that are best equipped to deal with both opportunities and challenges will be the biggest winners. That is why I believe that Solana (SOL), Ethereum (ETH), and Seesaw Protocol (SSW) are the best cryptocurrencies to invest in right now.
Solana (SOL)
Developers are flocking to the Solana blockchain, which supports smart contracts – and for good reason. Transactions on Solana are extremely inexpensive and take only a few seconds to complete. This contrasts with Ethereum, the world’s largest smart-contract blockchain, where transactions can cost $100 or more and take several minutes to complete.
Low development costs enable developers to create disruptive products. Recently, Solana Pay was announced, allowing customers to pay merchants using Solana or a stablecoin like USDC — which is pegged to the US dollar — on the Solana blockchain. Fees are fractions of a penny, posing a threat to expensive financial networks such as Visa (NYSE:V) and Mastercard (NYSE:MA), which charge between 2% and 3% on each transaction.
Non-fungible tokens (NFT) are also thriving on Solana, enabling developers to fund projects through everything from games to decentralised finance products.
We have no idea what developers will build on top of the Solana blockchain, but the possibilities are virtually limitless, given the low transaction costs and fast transaction speeds, which is a reason to be bullish on Solana cryptocurrency today.
Ethereum (ETH)
Ethereum (ETH) is the market leader, but it faces a challenging year ahead. The big money in smart contracts is on Ethereum, which is where NFTs first gained traction, with companies like Opensea now processing billions of dollars in monthly NFT sales. However, Ethereum’s proof-of-work structure results in high transaction costs and a relatively slow network, which will be a hindrance if not improved quickly.
A series of upgrades is intended to transition Ethereum to a more affordable proof-of-stake protocol, dubbed Ethereum 2.0. If everything goes according to plan, this will lower the cost of Ethereum and increase transaction speed, allowing it to compete more effectively with Solana. And, given the financial investment and momentum already behind Ethereum, being close in terms of cost and speed may be sufficient to keep it atop the list of smart-contract enabled blockchains.
Seesaw Protocol (SSW)
Seesaw Protocol has seen unbelievable gains in just the first 3 weeks of its presale, surging over 1000%, meaning that if you invested just $150 a week ago you would now have $1500. However, this only the first stage of the presale and there are two more stages to come before launch, meaning there is still time to get in and make incredible gains. If SSW continues to grow at its current pace, it may go 3000-4000% before launch in April.
SSW Price according to https://seesawprotocol.io
Seesaw Protocol will act as a connector between multiple blockchains or ecosystems, enabling holders to send and receive value between them. By facilitating transactions between Binance (BNB), Polygon (MATIC), and Ethereum’s (ETH) Smart Chain, SSW enables more affordable and faster transactions to holders by utilising the most efficient blockchain at the optimal time (depending on congestion) to find the quickest and cheapest transaction.
Due to the fact that holders are not permitted to sell during the presale, the price can only increase until launch.
In a year where cryptocurrencies are advancing at a breakneck pace, investing early can result in massive profits on a relatively small initial investment. In 2022, Seesaw Protocol, Solana and Ethereum have the best chance of exponential growth.
For More on Seesaw Protocol:
Presale: https://presale.seesawprotocol.io/register
Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol