3 Altcoins That Could Surge Once Bitcoin Flips $35K To Support

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Last Updated June 14th 2022
6 Min Read

The crypto market is slowly returning to its bull run after the crash, and here are the best 3 altcoins that could skyrocket in 2022. 

Blockchain technology and the crypto ecosystem have captured the attention of several investors, traders, and institutions worldwide. However, the beginning of 2022 was not a great start for several altcoins and tokens amid the crypto winter and consolidation. But these corrections create the best opportunity to bag some promising cryptos. Let's look at the best 3 altcoins that could surge once Bitcoin flips $35k to support. 

 

Cardano (ADA)

ADA is one of the best altcoins worth adding to your watchlist in 2022 for future returns. 

Cardano, the third-generation cryptocurrency, was designed as a flexible, sustainable, and scalable blockchain platform for running smart contracts. The blockchain-based platform targets the future market for smart contracts and dApps (decentralized applications).

Its native ADA token has had its ups and downs in recent months. But experts predict that with Bitcoin flipping to $35 K support, ADA would surge higher in 2022. One key reason for the rising interest in this crypto is its consistent upgrades. For example, the Alonzo upgrade addressed network concerns and introduced smart contract capabilities, drawing in significant investor attention. 

Currently, ADA has retaken center stage as it is approaching the next hard fork, Vasil, which is scheduled for later this year. The upgrade will improve performance, add more Plutus enhancements, and significantly push ADA prices to surge higher. The Vasil hard-fork would essentially enhance the network in terms of speed and scalability, bringing Cardano one step closer to dethroning Ethereum as the go-to blockchain for smart contracts and building dApps. 

Cardano has always reacted positively to technical developments on the platform, and the upgrade has solidified ADA’s position as the best altcoin that could surge higher this year. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Polygon (MATIC)

Polygon’s move towards a carbon-negative approach in 2022 could mean that MATIC is one of the altcoins that could surge higher this year. 

Polygon is an advanced scalability platform that allows Ethereum-supported blockchains to communicate with one another. It also facilitates the creation of new Ethereum blockchains for businesses and institutions that require a decentralized payment solution. 

With a suite of products, including Polygon PoS, Polygon Edge, and Polygon Avail, the network is already the leading scaling solution for Ethereum. In addition, several popular decentralized finance applications, like decentralized exchange SushiSwap (SUSHI), liquidity service Curve (CRV), and lending platform Aave (AAVE), have already expanded their operations on the Polygon chain.

The team’s commitment to sustainability is also very commendable. Amid the government’s attempt to restrict mining due to excessive energy for Proof-of-Work blockchains, MATIC has efficiently avoided the security and has attracted supporters as a positive example of environmental stewardship. 

The team has announced Polygon’s Green Manifesto, which is part of a broader vision for sustainable development. This includes the plan to achieve a carbon-negative status and make the chain climate positive in the future. Polygon is also partnering with KlimaDAO, a decentralized collective of environmentalists, developers, and entrepreneurs recognized as the most high-profile proponent of facilitating the nascent on-chain carbon market. The initiation of the sustainable era for the Polygon ecosystem is boosting the network’s adoption and eventually pushing the price of MATIC to surge higher. 

Additionally, Polygon is also investing in cutting-edge zero-knowledge (ZK) technology, the key to onboarding the next billion users to Web3. With the introduction of Polygon Nightfall, a blockchain solution that leverages cutting-edge Optimistic-Zero Knowledge technology, the network gives businesses an accessible blockchain network with an iron-clad privacy feature. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Stellar (XLM)

Stellar is an altcoin that could surge once Bitcoin flips $35k to support.

Stellar is one of the top altcoins that has garnered the attention of traders and investors in 2021. It is an open-source blockchain network for digital currency payment networks and trading. Although the LUMEN token experienced a setback at the beginning of 2022, it is all set to surge higher once BTC flips the 35K support. The initial goal of the network was to promote financial inclusion by helping provide financial services to the world’s unbanked users. But with time, the priority slowly shifted to LUMEN being a bridge between financial institutions with each other by leveraging blockchain technology.

The crypto works on a unique algorithm known as the Stellar Consensus Protocol (SCP) that facilitates smooth functioning and synchronization of the system. One of its use-cases is that it allows users to create a digital representation of the US dollar and send it around the world. A good example is the USD Coin, the second-biggest stablecoin, which was created using Stellar’s technology. 

The Stellar Foundation is committed to promoting the growth of the LUMEN token and the network. It has envisioned establishing the Stellar Network as a trusted and well-known blockchain ecosystem on the global level by marketing, promoting, and branding. Moreover, the foundation also aims to enhance LUMEN’s use-cases to increase awareness and drive ecosystem enlargement. 

However, if the bullish momentum returns to the cryptocurrency market, XLM could surge higher to new all-time highs. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Bottomline 

Currently, numerous altcoins in the market are growing with strong fundamentals, solidifying their position as top cryptos. As the market fluctuations are slowly settling down, here’s the list of the 3 altcoins that could surge once Bitcoin flip $35 K to support. 

Read More:

The 5 Best Ways to Buy Cardano (ADA)

How To Buy Polygon (MATIC)

How To Buy Stellar (XLM)

The Best Altcoins To Buy This Year

Top 10 Cryptocurrencies To Turn $1000 To $10000 Long-Term

Top 10 Best Long-Term Cryptocurrencies To Buy And Hold

Top 10 Promising Cryptocurrencies That You Can Buy