Must-have Coins For 2022: Solana (SOL), Tron (TRX), And Fantom (FTM)

By
Last Updated July 13th 2022
6 Min Read

Upgrade your crypto investments with these three must-have coins for 2022.

The recent downturn of the crypto market has left some mark on investors, making space for newer coins to emerge. Speaking of which, we have three coins on our radar that investors should consider.

First on the list is Solana (SOL), a crypto that somewhat lost its footing due to blockchain-related issues. But, with further upgrades to fix the problem, this coin has the potential to gain a solid foundation again in 2022.

Next on the list is TRON (TRX), with its new project developments like stablecoin that have sparked renewed interest among investors following the Terra debacle.

Last on the list is Fantom (FTM). It has created a strong position despite recent market fluctuations and has turned the heads of many crypto investors for the remaining half of 2022.

Let's get down to more details about these three must-have coins for 2022.

Solana (SOL) 

Solana is quite popular in its own right, with unique advantages over Ethereum and Bitcoin. Although it has recently experienced some fallout, it is now regenerating into a strong platform. 

Unlike other blockchains operating on POW (Proof-of-Work) or POS (Proof-of-Stake) algorithms, Solana was one of the first to introduce the POH (Proof-of-History) algorithm, which enables blockchains to operate faster while remaining secure and decentralized. 

Its ecosystem covers numerous lending protocols, NFT marketplaces, decentralized exchanges, Web3 apps, and DeFi projects. Additionally, the platform has Phantom, an NFT and DeFi-based wallet created, along with the music-sharing platform Audius. 

The native token SOL runs on the ERC-20 standard and is utilized to pay transaction fees or make any purchases within the Solana ecosystem, along with staking. 

Last year, SOL proved to be an extremely sought-after coin in the crypto market, with institutional flows serving as an integral part of its run. Although the coin has since fallen, its core project remains the same. As of now, Solana's acceptance of OpenSea for non-fungible token (NFT) hosting can help boost the future of SOL when NFTs rebound. 

This must-have coin for 2022 also boasts a quick response time when releasing a blockchain update to fix bug issues. If the upgrade can fix the outages that drive away investors, Solana has the power to stabilize its projects and manage a price revival. 

buy solana

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

Tron (TRX) 

Since it entered the crypto market in 2017, TRON (TRX) has had a very vocal following in the market. This must-have coin of 2022 leveraged community support and unique technical aspects into becoming one of the top cryptocurrencies globally regarding market cap. 

TRON helps users usher into the decentralized internet as a decentralized virtual machine. Like Ethereum, TRON also enables Dapp developers to develop and utilize complex protocols through contracts on TRON’s native blockchain. 

The platform is now known for its quick transaction speed. To be precise TRON can facilitate 2000 transactions within a second. This speedy performance puts the platform on the same level as major payment processors like PayPal. Furthermore, TRON has zero transaction fees. Therefore, users can send millions in TRX in seconds without the additional expense of transaction fees. 

TRON issues its native utility token TRX as the medium currency for every TRC-based token. The tokens reside in the Mainnet and help facilitate easy transactions throughout the blockchain. 

TRON (TRX) was increased by inflows to their stablecoin following the Terra UST de-pegging. However, the coin is still facing a similar issue. For stablecoins, confidence is the issue; therefore, once confidence strikes back in the crypto market, it carries great potential to observe a significant return. 

Despite the issues, TRON has a great scalable blockchain along with the SUN sidechain for additional Dapps and is currently considered one of the fast-growing chains. Within the market. So, with enough patience, TRON has excellent potential to serve as one of the top-rated must-have coins for 2022.

buy tron

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

Fantom (FTM) 

Fantom is a scalable and secure smart-contract platform that aims to develop DeFi (decentralized finance) applications. The platform is designed to conquer the limits of transaction speeds affecting older blockchain platforms that run on smart contracts. 

Launched in 2018, the development of this open-source platform is headed by the Fantom Foundation. Its mainnet, Opera, was subsequently established in 2019. The foundation is led by a strong team of scientists, designers, and engineers with significant experience in full-stack blockchain development. 

Fantom utilizes a new consensus mechanism called Lachesis to operate the smart contracts. It is an aBFT (Asynchronous Byzantine Fault Tolerance) condensed protocol, which claims to be cheaper and faster than older technologies without compromising security standards. It’s taken as the blockchains consensus layer and can be connected via any distributed ledger.

Fantom currently has three forms of coins: the Binance-based BEP-2 FTM token that facilitates transactions on Binance’s DEX, the Opera FTM token operating on the Fantom mainnet, and the Ethereum blockchain-based ERC-20 FTM token. 

FTM has enjoyed considerable gains over the past year to become a must-have coin of 2022 by relying on a solid network adoption. However, once the crypto market became quite volatile, so did the stake of the platform. Although FTM prices have been dropping the platform has shown signs of improvement. This displays an eagerness for the medium to bounce back and take over the crypto market in the remaining half of 2022.

Fantom has already overtaken the Binance Smart Chain, becoming one of the largest DeFi (decentralized finance) ecosystems by total locked value. Despite the struggle, experts claim that FTM has performed better than most crypto assets in recent times. Therefore, Fantom is worth considering as one of the must-have coins for 2022.

buy fantom

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

Read More:

Where To Buy Solana (SOL)

How To Buy TRON (TRX)

The Best Altcoins To Buy

What Are The Best NFTs To Buy?

Best Long-Term Crypto Investments

Best 10 New Cryptocurrencies To Invest In

Best Cryptocurrencies To Buy For The Upturn

15 Most Promising Cryptocurrencies To Invest In

Top 10 Best Long-Term Cryptocurrencies To Buy And Hold