Top 5 Fastest-Growing Cryptocurrencies To Explode In 2022

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Last Updated October 11th 2022
5 Min Read

Top 5 Fastest-Growing Cryptocurrencies To Explode In 2022 - Our Picks 

We have scoured the market, and these are our top picks for the fastest-growing cryptocurrencies to explode in 2022. Continue reading to find the detailed review of each project in the coming section. 

TechPay Coin - One of the top crypto with high-end scalability

Fantom - The fastest-growing blockchain network within the DeFi sphere 

PLC Ultima - One of the top crypto with a rapidly growing ecosystem

Near Protocol - One of the best crypto that has the potential to explode in 2022 

Avalanche - The top fastest-growing crypto with a strong focus on interoperability 

 

A Closer Look At The Top 5 Fastest-Growing Cryptocurrencies To Explode In 2022

The emergence of cryptocurrency and blockchain technology has resulted in one of the best digital breakthroughs. Bitcoin dominated the crypto sphere a few years ago, gulping up almost 70% of its market value. But thanks to advancements in blockchain technology, numerous cryptocurrencies are flourishing in the global financial market today. 

However, investors have a single interest in understanding the market and finding the fastest-growing cryptos to explode in 2022 to increase their returns. So let's have a detailed look at the top 5 tokens. 

 

TechPay Coin (TPC)

The proposed goal of creating TechPay, the EVM Compatible blockchain, was to address and resolve the blockchain trilemma. By supporting every one of the three valuable characteristics: scalability, decentralization, and security, TPC emerges as one of the best cryptos in the market. Boasting a record of over 300,000 transactions per second, TechPay Coin has positioned its place as one of the fastest blockchains in the industry. 

Reports suggest that its Mainnet System has created over 495,000+ blocks confirming 2.5 million+ payments without a complete transaction error or reversion. This number demonstrates the network’s massive validity and safety. The crypto employs a unique Directed Cyclic Graph (DAG) method as its data structure to efficiently work with unidirectional data movement by decreasing block intervals. 

Since it is one of the fastest-growing cryptos that could explode in 2022, it is best to invest in TPC now before the adoption of its unparalleled performant blockchain starts to kick in.

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

Fantom (FTM)

Fantom has marked its place in crypto as one of the fastest and most scalable platforms for decentralized applications (dApps). Thanks to its unique consensus mechanism known as Lachesis, the platform offers unparalleled speed and tools that make it easy to integrate within existing dApps.

Fantom has attained great success in DeFi and quickly garnered investors’ and developers’ attention. There are also an increasing number of DeFi projects being built on the platform. It offers the first DeFi stack built on an aBFT consensus, which is much faster, cheaper, and more reliable and secure than its rivals. 

Also, the launch of LlamaPay, a decentralized payment application on Fantom, was a key catalyst in bolstering the value of the FTM token. With this Web3 improvement, employers can seamlessly pay wages on the blockchain.

buy fantom

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

PLC Ultima (PLCU)

PLC Ultima is certainly one of the fastest-growing cryptocurrencies for mass usage. This massive infrastructure project blends innovative blockchain technology and the resilience of carefully time-tested business models. The project also follows a novel growth strategy that leverages Litecoin’s blockchain technology.

PLCU has a rapidly growing ecosystem with its own set of products. The ecosystem hosts over 10 products, including the Platin Hero crowdfunding platform, the PlatinDeal marketplace, the PlatinSale private classifieds platform, the Ultima wallet, and the Ultima Farm app. The crypto employs an innovative and advanced encryption protocol called CryptoNight.

The major aim of PLC Ultima is to widen access to financial services. Numerous people in developing countries and regions still lack sufficient access to financial and investment services. PLCU coins can be used even by people who don’t have access to the traditional financial system, and its greener and easier minting technology makes it widely accessible. The technology allows people to mine coins directly from their smartphones and turn them into profit sources.

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

Near Protocol (NEAR)

One of the top L1 protocols that have seen a significant boost in its token price, rising to a new all-time high of $20.42 this year, is NEAR. It is a community-run cloud computing platform strongly focused on interoperability and lightning-quick transaction speed. Thanks to multiple developments in its ecosystem, Near Protocol is one of the fastest-growing cryptos that will explode in 2022. 

The price spike of January was followed by the team’s announcement of successfully closing its latest funding round, raising $150 million from several investors like Dragonfly Capital, a16z, Alameda, and Circle Ventures. The funding would be used to bolster the adoption of Web 3.0, raise brand awareness, and provide sufficient support for the projects built on the protocol. The increasing growth of its developer community is also a key catalyst that would boost the value of NEAR in the coming years. 

buy near protocol

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

Avalanche (AVAX)

AVAX has been on consistent growth since its inception, which sparked investors’ attention. Avalanche focuses on high transaction speed, low transaction charges, and environmental friendliness. The crypto has three separate blockchains, each with its own distinct purpose, enhancing network scalability.

This fastest-growing cryptocurrency has numerous partnerships with major global businesses. Top U.S.-based accounting firms like Deloitte have already partnered with Avalanche and leveraged the blockchain to help local governments manage FEMA (Federal Emergency Management Fund) during natural calamities. These coalitions are among many reasons that bolster the Avalanche’s ecosystem and AVAX token's value.

Buy avalanche

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

The Bottomline 

With the right financial moves and investment strategy, investors can secure massive returns from this lucrative sector. To help you out, these are the top 5 fastest-growing cryptos that will explode in 2022.

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