Top 10 Cryptos With The Most Upside Potential In 2022

Last Updated September 30th 2022
15 Min Read

A vicious bear run continues to ravage the crypto market. Over the past 10 months, it has had the crypto industry on a nose dive and even helped it shed more than two-thirds of its market cap – from close to $3 Trillion in November 2021 to less than $1 Trillion today. But if history is anything to go by, the crypto market has repeatedly proven its resilience and is expected to pull through this one.

This belief in the market has most analysts and the crypto community convinced that though digital currencies are selling at massively discounted prices, they will eventually rebound.

In this guide, we help you prepare for the eventual crypto market recovery. We introduce you to the top 10 cryptos with the most upside potential. And our analysis indicates they have the potential to bounce back fast and rally to a new all-time high.

Read on to learn about cryptocurrencies with the highest upside potential and where to buy them.

10 Best Cryptos With The Highest Upside Potential In 2022

Here is the outline of what our analysts, and the larger crypto community, believe to be the top 10 cryptocurrencies with the most upside potential.

  • Ethereum (ETH) -  Overall Best Crypto With The Highest Upside Potential
  • Bitcoin (BTC) -  Most Reliable Crypto Asset To Buy At A Massive Discount
  • Shiba Inu (SHIB) -  Most Potent Meme Currency To Buy Before The Next Bull Market
  • ApeCoin (APE) -  Newest Crypto With Most Upside Potential
  • Solana (SOL) -  Most Promising Smart Contract Platform To Buy Today
  • Polygon (MATIC) -  Layer-2 Scaling Solution With A Hugely Promising Future
  • Ripple (XRP) -  Cheap Crypto With The Most Promising Future
  • Cardano (ADA) -  Most Undervalued Coin With Massive Upside Potential
  • The Sandbox (SAND) -  Promising Metaverse Token To Buy At The Current Dip
  • Uniswap (UNI) -  Undervalued Decentralized Exchange With High Upside Potential

 

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

Below, we go over these massively popular crypto assets in detail. We look at how they performed in the past, their fundamentals, and what makes their future promising.

A Closer Look At Cryptocurrencies With The Most Upside Potential

This list captures large-cap established cryptos, massively undervalued digital assets, and even relatively new tokens. And in compiling it, we looked at more than the extent to which they have lost value in the current market dip.

We examined their past price action, their fundamentals and technicals, their expected future price performance, and the relevance of their underlying blockchain technology.

Here is a more detailed review of the top 10 cryptos with the most upside potential:

1. Ethereum (ETH) – Overall Best Crypto with the Highest Upside Potential

Through 'The Merge' – the shift from PoW to PoS consensus mechanism - on September 15, Ethereum made a bold stride towards increasing its scalability. Such a huge milestone was expected to help catapult ETH prices to new heights for the largest and most valuable smart contract platform. However, the bear market proved strong, and ETH is yet to price in this development.

But as soon as the market signals recovery, ETH token prices are expected to correct upwards and rally to new highs. This is one of the primary reasons why we include Ethereum among cryptos with the most upside potential.

Others include its unmatched resilience. This isn't the first time ETH prices have tanked and lost more than 70% of their peak value. And just like during the previous crypto meltdowns, we expect it to post an even stronger rebound and rally to new heights.

We must also observe that even under the PoW mechanism, Ethereum was already the largest smart contract platform. It is also wildly popular with developers. With increased scalability and less energy consumption, we expect it to attract an even higher number of developers.

The Merge will improve on and probably help introduce more popular emerging crypto technologies. This has the effect of drawing in more network users and increasing ETH's use cases. And all these have the net effect of catapulting ETH token prices to new heights.

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2. Bitcoin (BTC) – Most Reliable Crypto Asset to Buy at a Massive Discount

Bitcoin is the most valuable and most popular crypto asset in the world. And three key factors help make it to our list of cryptos with the most upside potential.

First is its resilience. Looking back on BTC's past price action, you will realize that it has been involved in several volatile dips. You will also note that it is not uncommon for the pioneer crypto to lose more than 80% of its peak value when the market crashes. And that on all these occasions, it has bounced back and rallied to newer heights - as it happened in 2013, 2017, and 2021. Today, analysts expect the coin to mirror these past trends when escaping the current dip.

The second has to be its soaring use cases. Today, thousands of online and physical stores across the world accept BTC as payment for goods and services. Millions of users will also gladly accept payments, gifts, wages, and salaries in BTC. It has also been widely adopted by crypto influencers and celebrities. This indicates that BTC's use cases are on a speedy uptrend, and this phenomenon is expected to fuel the legacy coin's recovery and unprecedented value jump.

Lastly, it makes it here because of its solid fundamentals. We recognize that such factors as BTC's limited supply and the halving event continue to play a critical role in shaping BTC’s price action. Moving forward, a growing number of crypto analysts, forecasters, and fintech experts continue to express their belief in BTC's future. They are convinced the coin will rally by more than 5000% and break above $1 million before the turn of the decade.

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3. Shiba Inu (SHIB) – Most Potent Meme Currency to Buy Before the next Bull Market

Shiba Inu has a history of posting some of the wildest upward swings during the market recovery. That's the primary reason why we include it in our list of top cryptos with the most promising future. During the early 2021 market rally, for instance, Shiba Inu token prices rallied by more than 5 million percent.

Of course, we do not expect it to post similar gains during the next crypto market rally. But we expect it to post incredulous gains and possibly set a new all-time high.

Some factors that we believe will play the biggest role in influencing SHIB's massive gains include its resilience. This is evidenced by the fact that Shiba Inu always rallies faster and at a higher rate than most other crypto assets.  

Additionally, there have been a lot of developments within the Shiba Inu ecosystem. These include the launch of such programs as Shibaswap DEX and the token launchpad. Its developers have also aggressively lobbied online stores to accept SHIB as a payment method. And these are expected to increase SHIB use cases, which increases its demand and pushes up the token prices.

Even more importantly, Shiba Inu has committed to increasing the burn rate for SHIB tokens. This, alongside the increased demand for meme currency tokens, is expected to inspire an unprecedented value gain.

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

4. ApeCoin (APE) – Newest Crypto with Most Upside Potential

ApeCoin is the newest digital asset on our list of cryptos with the most upside potential. It makes it here, first, because we believe it’s worth hasn't been priced in fully primarily because it launched in the mid of the contracting crypto market.

Granted, one may argue that it defied a contracting market by rallying and setting an all-time high immediately after launch. However, if the performance of other coins that launched in similar market conditions, including Solana and Shiba Inu, is anything to go by – APE will most likely explode during the next (its first) market rally.

We also list it among cryptocurrencies with the highest upside potential because it has the support of one of the largest and most vibrant crypto communities. These include crypto influencers and celebrities who are determined to keep APE token prices on an uptrend. We expect them to play the biggest role in fueling APE's price when crypto market recovery kicks in.

Further, we feature it here because it leverages three of the most popular crypto crazes at the moment. These include the NFT craze with its close association with the all-popular BAYC and MAYC NFT collections.

It also taps onto the meme coin craze since most investors consider APE to be a meme currency. And it recently took a stab at the metaverse craze with the launch of the 'Otherside' metaverse. All these are also expected to play a critical role in influencing APE's future price direction.

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5. Solana (SOL) – Most Promising Smart Contract Platform to Buy Today

Over the last nine months, Solana has shed more than 80% of its peak prices. But throughout history, Solana has proven its resilience with its ability to post quick rebounds. For example, after shedding more than 40% of its value in mid-2021, Solana rebounded quickly between September and November same year. It even rallied past the previous peak to set the current all-time high of $260.

We add it to our list of top cryptos with the highest potential in 2022 because we expect its recovery to mirror the 2021 price action. Therefore, by buying SOL tokens today, you are most likely buying the smart contract platform at an 80% discount.

Note also that Solana is positively correlated to Bitcoin and the larger crypto market. Much of its recovery will therefore be driven by such factors as the Bitcoin rally and the crypto market recovery.

We must also observe that the ecosystem for the smart contract network has been recording breakneck growth rates in the recent past. It has, for instance, onboarded virtually all the most popular emerging crypto technologies – from DeFi, dApps DEXs, metaverse, meme currencies, and even GameFi.

Such growth has a direct impact on the token's use cases. It increases SOL's demand amidst a constrained supply, triggering an unprecedented value gain and a dash towards a new all-time high.

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6. Polygon (MATIC) – Layer-2 Scaling Solution with a Hugely Promising Future

Polygon is the largest and one of the most popular layer-2 scaling solution on the Ethereum blockchain. We include it among cryptocurrencies with the most upside potential because even with 'The Merge,' we expect it to continue playing a critical role in the Ethereum ecosystem. We expect brands hoping to create on the Ethereum network to continue leveraging its effectiveness.

We also feature it here because of its resilience. Like most other cryptocurrencies on this list, MATIC has survived multiple market contractions. In 2021, for instance, MATIC lost more than 70% of its May highs. The loss was, however, followed by a quick rebound that saw it set a new all-time high five months after that dip. Today, Polygon is selling 75% below this peak price, and we expect it to post a similar price jump when the market starts recovering.

We also include it among the top cryptos with most upside potential because it is grossly undervalued. For such a valuable and multi-chain scaling solution with quite solid fundamentals, our analysis indicates that MATIC is selling cheaply. But as the adoption of crypto and blockchain technology rises, we expect Polygon to roll out its scaling solution to other blockchains. And this will catapult MATIC token prices to unprecedented heights.

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

7. Ripple (XRP) – Cheap Crypto with the Most Promising Future

Despite its massive undervaluation, Ripple makes it to our list of cryptos with the highest upside potential. The decision to include it here is informed by three key factors.

First, we include it here because we believe its gross undervaluation is influenced by the contracting crypto market. This is evidenced by the fact that it has shed more than 60% off its peak 2021 price. But we consider such a loss impermanent. Therefore, we are confident that it will correct upwards and race to new heights as soon as the market starts recovering.

Secondly, we feature it among the top cryptocurrencies with the highest upside potential because of the promising outlook of the SEC vs Ripple case. We recognize that the case has played a critical role in keeping XRP prices low. This claim is evidenced by the fact that Ripple is still selling close to 90% below its early 2018 highs. Therefore, if the judge returns a positive verdict, you can expect the altcoin prices to correct upwards and possibly rally to new highs.

Lastly, we rank it here because it has proved its resilience. Despite an extended crypto winter, negative publicity, and a prolonged court case, XRP has fought hard to maintain its position among the 10 most valuable cryptos.

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8. Cardano (ADA) – Most Undervalued Coin With Massive Upside Potential

Despite its solid fundamentals, Cardano is arguably the most undervalued large-cap cryptocurrency. This notwithstanding, though, its massively promising future informs our decision to feature it among the top cryptocurrencies with the highest upside potential.

We start by observing that ADA is only undervalued because of its sluggish ecosystem growth and poor dynamicity. But starting the last quarter of 2021, Cardano developers have embarked on an aggressive ecosystem expansion spree. They started by integrating the smart contract feature and are now going after all other emerging technologies in crypto. They are targeting DeFi, dApps, meme coins, NFTs, GameFi, and even the metaverse.

Additionally, Cardano is working on several upgrades to its mainnet. And key among them is the ongoing 'Vasil' upgrade, which is dedicated to improving the platform's scalability, effectiveness, and developer-friendliness.

Both developments are aimed at drawing more users and brands to the platform. This will, in turn, increase ADA's use cases and the demand for the token. And they all have the net effect of catapulting ADA prices to new heights.

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

9. The Sandbox (SAND) – Promising Metaverse Token to Buy at the Current Dip

The Sandbox is one of the most popular and valuable metaverse projects. And like all other digital assets, it has suffered a massive value drop, having lost more than 90% of its peak price in the last 10 months. But we still rank it highly on our list of or list of Cryptos with the most upside potential in 2022.

First, we list it here because it is a resilient crypto asset. Despite suffering an equally devastating crash in early 2021, it rebounded and proceeded to set the current all-time high.

We also list it here because it is a relatively new crypto asset in a fast-growing niche. Our analysis indicates that the metaverse craze is not fully priced in and will most likely be revived during the next crypto market rally. We also include it here because we expect the blockchain game craze to catapult the SAND token's popularity and price to new and unprecedented highs.

Additionally, there is an unprecedented level of growth taking place in The Sandbox metaverse. For starters, the platform is working towards increasing the number of emerging crypto technologies integrated into the platform, especially NFTs and blockchain-based games. And by capitalizing on the NFT, GameFi, and Metaverse crazes, our analysis indicates that SAND token prices are about to explode.

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

10. Uniswap (UNI) – Undervalued Decentralized Exchange with High Upside Potential

Uniswap is the largest and most popular decentralized exchange in the world. And we include it on our list of cryptocurrencies with the most upside potential because of the rising user demand for the coin. This is evidenced in the fact that it has already processed $1.1 Trillion worth of trades, onboarded more than 3 million users, and was integrated into 300+ dapps and DeFi programs.

It even became the second most valuable DeFi program, with more than $7 Billion in total value locked. These statistics are enough proof of increased investor interest in the brand, which we believe will play the biggest role in fueling UNI's price run.

We also feature it here because there is a growing trend and need for more privacy among crypto investors/traders. As more governments voice concerns over the crypto industry and hints at possible regulations, more-and-more crypto enthusiasts seek out privacy-focused exchanges. Moving forward, we expect to see privacy-focused crypto investors and traders turn to Uniswap en masse. And this will drive up demand and price for UNI tokens.

Like all other cryptocurrencies in this list, Uniswap has also proved its resilience. In the four years, it has been around, the DEX has only survived, among others, an extended crypto winter, devastating market crashes, hacks, and a stifling hard fork. In all these cases, it bounced back and quickly rallied to newer price records. Our analysis indicates that Uniswap will most likely mirror these past trends and rally to a new peak price soon.

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

Where To Buy Cryptocurrencies With The Most Potential

Now that you know what the top cryptos with the highest upside potential are, we now need to shift focus to the best exchange to buy them.

While there currently are more than 500 crypto exchanges and trading platforms, we would recommend buying and trading these crypto assets on the all-popular eToro exchange.

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We recommend investing in the cryptos that are about to explode via eToro because it is one of the most effective and user-friendly crypto exchanges. It has a smooth and straightforward onboarding process. It has the most intuitive trading interface. And it lists all the most popular and highly potent digital currencies. But even more importantly, you only need $10 to start investing in crypto on the exchange - and it supports the widest range of deposit options.

You will also want to buy these cryptos on eToro because it is ultra-fast in transaction processing. It is a multi-platform exchange – available both as a web trader and a mobile app. And it also provides you with a free crypto wallet. These can be custodial (storing more than 90% of your private keys offline) or a non-custodial mobile wallet app.

But even more importantly, eToro integrates copy trading. This lets beginners copy winning crypto trade strategies from highly successful digital asset traders. Experts, on the other hand, make money every time a trader copies their trade strategies – up to 20% of the earned profits. And in addition to trade strategies, you get to copy crypto portfolios.

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

Conclusion – Top Cryptos With Highest Upside Potential

In this post, we have discussed what we – and the larger crypto community – believe to be the cryptocurrencies with the most upside potential. We have told you about their price action and justified why their prices are expected to blow up soon.

Going through this guide, you will realize that they all have pretty similar factors influencing their next price action. Chief among them being unshakable resilience, solid fundamentals, and gross undervaluation – especially in the current contracting market environment.

Do you want to start investing in cryptos with most upside potential? Start by creating a crypto trader account with eToro. Deposit a minimum of $10 and start buying and trading cryptocurrencies.  

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Open an account with eToro, deposit some funds with USD, and finally – buy cryptocurrencies for just $10.

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

FAQs About Cryptocurrencies With The Most Potential

Which is the most promising crypto for 2022?

Ethereum has got to be the most promising crypto in 2022 as it is yet to cash in its recent upgrade. As soon as the market enters into recovery mode, we expect to see ETH token prices explode.

Which is the best crypto of the future?

Virtually all the cryptos we have discussed hereinabove are digital assets of the future. That's because their use case is expected to rise in tandem with the uptrending adoption of crypto and blockchain technologies.

What is the cheapest crypto with the most upside potential?

From the list above, the likes of Cardano, Ripple, Solana, and The Sandbox all qualify for the label of cheap cryptocurrencies with high upside potential. They are grossly undervalued and are expected to embark on an unprecedented upward price correction soon.

Which crypto will explode next?

The ongoing market contraction and the massively volatile nature of cryptocurrencies make it impossible for analysts to tell which crypto will explode next. However, the likes of ApeCoin, Ethereum, and Cardano that have unpriced developments and upgrades seem most potent.

Is now a good time to buy cryptos?

Yes, because all the cryptocurrencies are currently selling at their lowest. They are all selling at massively discounted prices. Both Bitcoin and Ethereum, for instance, are selling more than 70% below their peak price.

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