5 Top Crypto To Buy For Long-Term Returns - May 2022

By
Last Updated April 21st 2022
6 Min Read

Invest in these top cryptocurrencies to generate long-term returns. 

Cryptocurrencies have had a paradigm shift today and have disrupted the traditional financial system. However, volatility makes investing in cryptocurrency a bit risky, so it is necessary to understand what you are getting into before buying it. Most cryptocurrencies experts plan for the long-term rather than the short-term profits.

Let’s see which are the top crypto to buy for long-term returns. 

1. Avalanche (AVAX)

Avalanche is the hottest cryptocurrency to buy now for long-term returns.

The AVAX crypto continues to post impressive gains, establishing its position in the list of top cryptos to buy for long-term returns. The network offers a viable solution to interoperability, scalability, and functionality. Avalanche addresses these issues with a unique infrastructure of three separate chains. The X-Chain uses Avalanche’s consensus protocol to manage assets. The C-Chain creates smart contracts and the P-Chain coordinates validators. 

Avalanche is the best cryptocurrency to buy now, as it introduces some impressive benefits for corporate and individual users. It also supports smart contracts, facilitating the creation of decentralized applications. In addition, the network allows businesses to effortlessly create new blockchains and deliver a scalable solution with low costs and high security. The Avalanche network is directly competing with the Ethereum network and has set its target of surpassing Ethereum on that front. 

buy avalanche

2. Cardano (ADA)

Cardano has long-term potential and long-term performance, making ADA the top crypto to buy now.

Given the increase in its fundamental and technical aspects and features, it is worth adding ADA to your investment portfolio, especially for long-term investors. In addition, Cardano is one of the most actively-developed projects in the blockchain space today, with over 100 and 150 developers actively working on the project and pushing out around 700 commits per week. 

Yet another reason why Cardano is the best cryptocurrency to buy now is its early adoption of the Proof-of-Stake consensus protocol. As a result, ADA coin’s low-energy usage approach is getting a lot of traction, and the token is expected to enter the institutional adoption circle in the near future.

Moreover, with the release of smart contracts on the Cardano network, investors are hoping to see an ecosystem be built-out soon. The crypto has several plans in the pipeline for the future. Developers stated that an array of updates are coming to the blockchain shortly. This includes the deployment of a light wallet, a decentralized app store, development tools, new APIs, and sidechains.

This is indeed good news for the coin as increased capabilities will likely lead to wider use and adoption, pushing ADA’s price to new highs. 

buy Cardano

3. Solana (SOL)

Solana is the top crypto to buy now for generating huge returns in the long run. 

Today investors have started to see massive potential in Solana, increasing its demand and value. The network is an open-source project that holds on to blockchain technology’s permissionless nature to deliver decentralized finance alternatives.

Transactions are extremely affordable and take only a few seconds to complete on the Solana network. Yet another catalyst that fueled the price of SOL recently is the launch of Solana Pay, a platform that allows customers to pay merchants on the Solana blockchain using SOL or a stable coin like USDC. 

Additionally, non-fungible tokens are also thriving on Solana, encouraging developers to fund projects through a variety of means, like games and decentralized finance products. With GameFi taking center stage in their plan, the SOL crypto is all set to mature into a fully-fledged ecosystem. Thanks to its low transaction costs and fast transaction speed, developers have endless possibilities to build new applications on top of the Solana blockchain. 

buy solana

4. Polkadot (DOT)

Polkadot is one of the best pioneering projects based on a multi-chain framework, making it the top crypto to buy for long-term returns. 

Polkadot is a flagship project by Web3 Foundation and aims to bring to its users the functionalities of decentralized finance and, at the same time, offer them a user-friendly interface. As a result, DOT has garnered massive attention and has taken center stage for investments with new partnerships and network expansions. 

Polkadot stands out in the crypto sphere with its parachain. These parallel chains, run alongside one another and speed up transactions in the network. With its multiple use cases, Polkadot has emerged as the best performing shared network in the market. 

5. Shiba Inu (SHIB)

The rapid growth of the Shiba Inu ecosystem has positioned SHIB as the best cryptocurrency to invest in now. 

Shiba Inu is the next addition to our list of top crypto to buy now for long-term returns. Since its inception, SHIB has been nipping at the heels of its competitor with its tremendous price rally. In addition, it is more than just meme crypto since it is built on top of Ethereum. This means it can take advantage of smart contracts to create much more advanced applications, like DEXs and NFTs.

Regardless of the popular belief that a meme coin like SHIB is solely driven by hype and sentiment, the Shiba Inu ecosystem supports several useful utilities, including NFTs and a DeFi platform in ShibaSwap. ShibaSwap was launched to incentivize new users to buy SHIB tokens and stake them in liquidity pools, accelerating the adoption of the DEX. 

buy Shiba Inu

The Bottomline 

Cryptocurrencies that are efficient enough to manage both opportunities and challenges will be the most successful in the long run. This is why these are the best cryptos for long-term returns. A bit of patience and faith in the long-term potential of a token can help investors in a massive turnaround. 

Read More:

How To Buy Cardano (ADA)

How To Buy Solana (SOL)

The 5 Best Ways To Buy Avalanche (AVAX)

Should You Buy Avalanche (AVAX)? 4 Pros, 4 Cons

Should You Buy Polkadot?

Top 10 Best Penny Altcoins To Buy And Hold