Next Cryptocurrency To Explode In 2022-2023

Last Updated February 2nd 2023
6 Min Read

The real fact about cryptocurrency investments is that when they explode, they grow significantly in value. Last year we saw +100% gains in a matter of days. In 2022, however, the crypto market started in red. In essence, such dips are a perfect time to buy growth cryptocurrencies that could explode again in value this year and beyond. 

But in a market that has more than 20,000 cryptocurrencies, finding good growth cryptocurrencies is no mean feat. Luckily, by following fundamentals instead of prices, you can increase the odds of choosing winners. Any cryptocurrency can moon, but those with solid fundamentals are always the safest. 

What will be the next cryptocurrency to explode? There are thousands of cryptos that may explode in value at anytime, but the most popular cryptocurrencies like Ethereum, Bitcoin or Solana will probably be the safest digital assets when it comes to investment potential.

Below are some of the top growth cryptocurrencies that could explode in value in 2022-2023.

  • Ethereum (ETH)
  • Vechain (VET)
  • Cardano (ADA)
  • Hedera (HBAR)
  • Decentraland (MANA)
  • Binance coin (BNB)
  • Solana (SOL)
  • Axie Infinity (AXS)
  • Shiba Inu (SHIB)
  • Stellar (XLM)

If you are looking for the next big cryptocurrency to skyrocket in value, then the coins on this list could be perfect for you!

Next Cryptocurrencies To Explode In 2022 And 2023

It's hard to know for sure which coin to explode in prices. However we can select some potential candidates that are mainly focusing on current trends including decentralized finance (DeFi), and Metaverse. Here are the cryptocurrencies that could be due for a significant growth this year and beyond:

1. Ethereum (ETH)

Ethereum is in the process of completing the shift to Ethereum 2.0. This has got many crypto investors excited, as was evident in its price action after the London fork of August 2021. Ethereum rallied, and by November 2021, made new highs of $4800.

While the market turned bearish in December, and the selloff extended in January, Ethereum’s core fundamentals remain rock.

In essence, once the broader market settles, Ethereum could make new highs in 2022. One factor that could trigger a new hype cycle for Ethereum is the upcoming Devconnect event in April. Devconnect will offer a clearer outlook on the progress of Eth 2.0, and that’s a big deal.

Nothing is guaranteed in crypto, but Ethereum is likely the next cryptocurrency to rise in value in 2022 or 2023. The buzz around Eth2.0 pretty much guarantees it. 

Check Out Our Ethereum Price Predictions.

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

2. Vechain (VET)

Vechain is one of the cryptocurrencies that have a large and growing use case. One of its use cases that is likely to drive up its value is in supply chain management.

Vechain's ability to bring transparency in supply chains is likely to become even more critical in 2022 now that COVID-19 has messed up global supply chains. So far, it has been adopted in the fashion industry, and the numbers are growing.

As adoption grows, so will the value of VET. While nothing is guaranteed, VET could be the next big cryptocurrency to explode.

Check Out Our VeChain Price Predictions.

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

3. Cardano (ADA)

Cardano is a decentralized platform blockchain that has been under development since 2017. It has made tremendous progress since that time, and in 2021, implemented smart contracts.

Cardano stands out for its Ouroboros Proof-of-Stake algorithm that has got it right on the blockchain trilemma of security, decentralization, and scalability.

With its technical capabilities getting better, Cardano is likely to see adoption grow as a Launchpad for Dapps. This makes ADA a high potential crypto asset likely to explode in value in 2022-2023.

Don't Miss Our Cardano Price Predictions.

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

4. Hedera (HBAR)

Hedera is a public network for launching decentralized applications (Dapps). It was designed to solve some issues old crypto like Bitcoin or Ethereum face, such as slow speeds, instability, and high costs.

Besides its strong functionality, Hedera is governed by some of the biggest corporations in the world, which adds to its credibility as an investment. These are likely to driver adoption, making HBAR potentially the next cryptocurrency to explode and increase in 2022 and 2023.

Read Also Our Hedera Price Predictions.

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

5. Decentraland (MANA)

Decentraland is a Metaverse project that allows users to create and monetize content in form of NFTs. Adoption has grown quite strongly, and recently, a piece of virtual real estate worth more than $2.4 million was sold on Decentraland.

With the Metaverse on an exponential growth path at the moment, Decentraland is likely to record growth this year. Since Decentraland is one of the market's better-known Metaverse projects, MANA has a high potential to rise in the next few years.

Check Out Our Decentraland (MANA) Price Predictions.

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

6. Binance coin (BNB)

Binance Coin powers Binance, one of crypto's most popular exchanges. It is known for its security thanks to its use of the Tendermint byzantine-fault-tolerant (BFT) consensus mechanism.

Besides powering the world's largest exchange, Binance coin is highly deflationary, and coins are burned every quarter. This quarterly drop in supply will positively impact on BNB over time. 

Don't Miss Our Binance Coin Price Predictions.

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

7. Solana (SOL)

Solana is a revolutionary blockchain that will change the internet as we know it. With speeds of up to 50k transactions per second and an ever-growing ecosystem of projects, Solana's growth prospects are pretty much guaranteed.

In 2021, Solana outperformed most cryptocurrencies and recorded gains of over 10,000%. With more projects launching on Solana, 2022 could be equally big.

As long as the market remains bullish in 2022, Solana is set to explode. Prices above $1000 could be within reach for SOL.

Check Out Our Solana Price Predictions.

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

8. Axie Infinity (AXS)

Axie Infinity was created in 2018 but only shot to prominence in 2021. In a short time, Axie Infinity has become one of the better-known players in the fast-expanding Metaverse space. Currently, Axie Infinity has one of the most expensive NFT collections, thanks to its strong play-to-earn gaming ecosystem. With play-to-earn becoming the next phase of growth for the gaming industry, Axie Infinity is a new cryptocurrency to keep an eye on this year.

To invest in any of these cryptocurrencies that could explode in 2022, you need a cryptocurrency exchange that is easy to use, safe, and reliable. eToro is perfect for buying APE, LUNA, and LBLOCK because it has low fees and offers you the option to buy these cryptocurrencies with a credit or debit card. eToro also has so many other cryptocurrencies that you will be spoilt for choice.

Read Also Our Axie Infinity (AXS) Price Predictions.

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

9. Shiba Inu (SHIB)

Shiba Inu is an overlooked underdog that has held on despite many experts predicting its downfall. This year, Shiba Inu is likely to keep surprising investors and analysts alike. 

Unlike when it first started as a meme coin riding on Dogecoin's success, Shiba Inu now has a growing ecosystem that includes a DEX. Adoption is on the rise too. When you factor in SHIB's deflationary nature, it's easy to see why it has the potential to explode. 

Don't Miss Our Shiba Inu Price Predictions.

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

10. Stellar (XLM)

Stellar stands to benefit from the increased regulatory concerns around cryptocurrencies. That's because it has KYC features that make it perfect for fighting money laundering.

Besides regulatory compliance,Stellar is targeted at the cross-border market, one of the largest in finance. Due to its extremely low transaction costs, Stellar has an edge in this market.

This gives it massive potential for institutional adoption, a factor that could see XLM exponentially grow in value. For this reason, XLM can become the next big cryptocurrency in 2022. 

Check Out Our Stellar Price Prediction.

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

Where To Invest In The Next Crypto That Explodes?

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Rather than trying to find out the next big cryptocurrency, it is best to focus on the fundamentals. Cryptocurrencies with solid fundamentals have a high likelihood of success over time. 

If you're looking to invest in the next big crytpocurrency to explode in value, then make sure that whatever exchange you use has them listed. Top exchanges like Binance and Coinbase always list top-performing cryptocurrencies with credible teams behind them.

If you are looking for a low-cost and friendly broker to buy cryptocurrencies with high potential, eToro is one of the best. 

Best New Cryptocurrencies With Potential To Buy In 2022

The crypto market continues to grow at an exponential rate and now easily outperforms stocks and many other conventional assets. With the market now back above $2 trillion after a drop earlier in the year, there is no doubt that cryptocurrencies present lots of investment opportunities in 2022 and for years to come.

Historically, new cryptocurrencies tend to outperform the older coins in bull markets. This has to do with their low market caps, which gives them significant room for growth as money flows in.

Any of these new cryptocurrencies could explode in 2022.

ApeCoin

ApeCoin is a new kid on the block in crypto and is drawing lots of attention. Besides being new, the attention has to do with ApeCoin's connection to the Bored Yacht NFT community. Being the governance token of the Bored Yacht Project, ApeCoin is and will continue to be on the watchlist of millions of crypto investors globally. Given how vital hype is in the cryptocurrency market, there is no doubt that ApeCoin has a lot of potential for parabolic gains in 2022. Only time will tell whether this new token is worth your money, but it is definitely worth looking out in 2022. 

Read Also Our ApeCoin Price Predictions

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

Terra

Terra was launched in 2018, but it's a pretty new project compared to some of its competitors. Besides, most people only knew of LUNA in 2021 after it pumped to a high of $100. Terra is a platform that runs algorithmic stable coins. Terra's fast growth has a lot to do with fundamentals and a strong community that has helped drive awareness. Given that the adoption of Terra algorithmic stable coins drives LUNA value, LUNA is undoubtedly a new cryptocurrency that could explode in 2022. The odds are in its favour. 

Check Out Our Terra (LUNA) Price Prediction

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

Avalanche

Avalanche entered the crypto scene in early 2020 but has grown to become one of the largest cryptocurrencies by market capitalization. Avalanche is a smart contracts platform and is known for its low fees, and speeds of up to 4500 transactions per second. The number of Dapps running on Avalanche has shot up since 2021, and as more developers appreciate the benefits of Avalanche, the ecosystem will only get bigger. This growth potential makes AVAX one of the best new cryptocurrencies worth buying in 2022. 

Don't Miss Our Avalanche (AVAX) Price Predictions

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

Polkadot (DOT)

Polkadot is a platform blockchain for launching web 3.0 Dapps that can be used cross-chain. With Web 3.0 gaining momentum, Polkadot is well-positioned for growth in 2022. That’s because it is scalable, easy to use, and Dapps built on it can run on any blockchain. 

So far, Polkadot has seen growing adoption in the launch of algorithmic stable coins and DeFi apps. These two also happen to be the hottest aspects of the cryptocurrency market going into 2022. Polkadot also allows staking, and due to the strength of its fundamentals, the number of investors staking DOT will grow in 2022, further driving up the demand. This crypto is definitely worth considering if you are looking for a new addiction to your portfolio. 

Read Also Our Polkadot (DOT) Price Predictions

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

What cryptocurrency could explode in 2022 and 2023?

Cryptocurrencies with strong fundamentals such as Ethereum or Solana are likely to perform well and explode in 2022, 2023 and beyond.

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

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