Top 10 Best Cryptocurrencies With Most Potential To Buy And Invest In 2022

Each of these cryptocurrencies can outperform the broader market in 2022

Last Updated January 24th 2022
18 Min Read

The number of cryptocurrencies in the market is growing by the day. This only makes it harder for investors to choose investable cryptocurrencies at any given time.

You don't have to worry, though, as we have compiled a list of the top cryptocurrencies with the most potential to buy and invest in 2022.

A Quick Look At Our Top Picks Of The Ten Best Cryptocurrencies

  1. Cosmos (ATOM)
  2. Fantom (FTM)
  3. Cardano (ADA)
  4. Polygon (MATIC)
  5. Chainlink (LINK)
  6. Avalanche (AVAX)
  7. Axie Infinity (AXS)
  8. Decentraland (MANA)
  9. Sandbox (SAND)
  10. Ethereum (ETH)

What Are The Best Cryptocurrencies To Invest In Right Now

If you have a little background in cryptocurrencies, you can use eToro to invest in the best crypto assets like Cardano, Polygon, Axie Infinity, and other top cryptocurrencies.

What To Look For When Choosing The Best Cryptocurrencies To Buy

There are many platforms that help investors choose the best cryptocurrencies to buy at any given time. Others like eToro social trading help investors make informed trading decisions.

However, if you want to make an independent decision without involving a third party, here are some factors to consider when investing in cryptocurrencies.

1. Consider its history

Cryptocurrencies are often volatile, but you can make an informed decision if you look at their performance over time. While there are no guarantees, it is best to go for one that has shown consistent results over time.  The odds of success are higher.

2. Consider your liquidity

It's important to know the liquidity of a cryptocurrency. That's because it determines how easy you can sell your assets if you need to. If there aren't many people or businesses using or trading a crypto, it would be best to look elsewhere.

3. Look at the market cap

When investing in cryptocurrencies, the market cap is as good a metric as any other. In most cases, high market cap cryptocurrencies tend to be more stable and carry lower risks.

4. Make sure the tech is sound

The tech behind cryptocurrencies is one of the most critical metrics to long-term growth. Cryptocurrencies with strong tech, and use cases tend to perform well long-term.

10 Best Cryptocurrencies To Buy And Invest In

Now that you know how to choose the best cryptocurrencies, here is a list of the top 10 cryptocurrencies with the most potential to buy and invest in 2022.

1. Cosmos (ATOM)

The Cosmos project aims to create an Internet of blockchains, a network where each chain can communicate with others in the same way that HTTP does today. They do this through their proof-of-stake system which allows for faster transactions and better scalability prospects than many other coins today.

This use case is so strong that it pretty much guarantees Cosmos value growth. The best part is that Cosmos is also working on securing other blockchains as well, a factor that could help drive up the value of ATOM going into the future.

Besides its strong core fundamentals, a couple of upcoming updates make ATOM one of the top 10 cryptocurrencies with the most potential to buy and invest in 2022.

For starters, it is the introduction of a liquidity staking module on Cosmos. This is a big deal because it will allow Cosmos to issue a staking derivative while not unbinding/redelegating.

Liquidity Staking will give the network even more functionality. This means that holders of ATOM can earn more while creating more growth potential for the Cosmos blockchain. Once introduced, the liquidity staking module could trigger FOMO around ATOM and drive up the price.

The best part is that ATOM is just getting started, even from a purely price perspective. Despite its strong fundamentals, Cosmos didn't gain by much when most top cryptos rallied by thousands of percentages.

However, it started 2022 with a bang, and while most cryptocurrencies were in the red, Cosmos was in the green all through January. This means compared to other cryptos that are trading at massive highs at the moment; ATOM has a lot of room for growth.

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

2. Fantom (FTM)

Fantom is a high-performance, smart contract platform that is optimized for efficiency. It has been specifically designed to meet industry needs and will be an excellent fit for any dApp or digital asset project needing scalability with ease-of-use features such as multichain technology.  

You are probably wondering, aren't there a ton of such cryptocurrency projects in the market already? They are there, but a good chunk of them are centralized. This makes them highly insecure, and a couple of them have in the past year experienced network outages. That's something that should never be possible with a truly decentralized network.

Fantom is one of those platform blockchains that are able to deliver high throughput, and low transaction costs in a highly decentralized environment. With Fantom, anyone can be a node on the blockchain and contribute to verifying transaction data. It's like being part of an international network for establishing trust with no central control.

With network security and decentralization increasingly becoming a major key factor for both investors and Dapps developers, there is no doubt that Fantom is among the top 10 cryptocurrencies with the most potential to buy and invest in 2022.

The best part is that Fantom allows investors to earn a pretty high APY when staking FTM. For long-term staking commitments (up to a year, the APY can be as high as 13%. This is a factor that is likely to keep drawing investors towards FTM in 2022, making it one of the best cryptocurrency investments for the year.

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 one of the better-known layer-1 platform blockchains in the cryptocurrency market. For most of 2021, Cardano recorded a relatively lackluster performance compared to the other layer-1's most of which recorded growth of over 2000%.

So, why does Cardano make it to the list of top 10 cryptocurrencies with the most potential to buy and invest in 2022, after its not-so-impressive performance?

Well, this has a lot to do with broader market factors and Cardano's internal fundamentals. Starting with the external factors, there is a growing awareness of the risks that centralized blockchains pose to the market. Even institutional investors are taking note of it.

This presents a massive opportunity for Cardano since it happens to be one of the most decentralized layer-1 platform blockchains in the market. While many of its competitors took a rushed approach to try and beat Ethereum, Cardano took a slower but scientifically proven approach to development. The result was the development of Ouroboros, a Proof-of-Stake algorithm that is decentralized, scalable, and secure.

These are factors that could see Cardano gain in adoption this year. Adoption is already happening, and it has started reflecting in Cardano's price in 2022. For instance, a Metaverse project called Pavio recently launched on Cardano, and it has helped push up the price.

As more Dapps turn to Cardano due to its core advantages, ADA could outperform most layer-1 platform blockchains in gains this year.

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

4. Polygon (MATIC)

Polygon is an innovative protocol that is revolutionizing the way we think about blockchain networks. It brings together scaling solutions on Ethereum, allowing for multichain support and growth for the Ethereum network.

Polygon's growing dominance as one of the best Ethereum scaling solutions so it gives investors amazing results in 2021. After MATIC closed the year higher by gains of over 6000%.

Polygon's value as an Ethereum layer-2 solution will become even bigger in 2022. That's because the transition to Ethereum 2.0 is almost complete and will see Ethereum rely heavily on layer-2 solutions to decongest the main chain. The adoption of Polygon on this front is already gaining traction. On January 18, 2022, the Ethereum London fork of August 2021, also known as EIP 1559, went live on Polygon. This comes with several advantages, including burning MATIC tokens.

With EIP-1559, Polygon's team has created a new and improved system for fee calculation. The first step of this process is burning base fees every time there's congestion on their network, which will result in lower prices when maximizing efficiency by getting rid of it altogether.

Of all the other factors likely to drive up Polygon's, it is EIP-1559 that could make Polygon one of the top 10 cryptocurrencies with the most potential to buy and invest in 2022.

However, it is not just the coin burn that makes Polygon a top cryptocurrency to invest in 2022.

Now that Ethereum is almost done with the shift to Eth 2.0, there will likely be a surge in demand for layer-2s. The result is that demand for Polygon could rocket, and could easily see MATIC beat the gains it recorded in 2022.

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

5. Chainlink (LINK)

Chainlink is one of the cryptocurrencies that have revolutionized the cryptocurrency market so far. The Chainlink's network allows you to securely transfer data from off-chain sources such as externally owned databases or third-party APIs into Ethereum smart contracts, eliminating any possible vulnerabilities in doing so. That's because all information travels through a secure vessel called 'The Decentralized Blockchain Oracle.'

Chainlink is one of the most prominent players in the decentralized data market and accounts for over 60% of the market. Despite its strong fundamentals, Chainlink's price underperformed other major cryptocurrencies in 2021. In 2021, Chainlink delivered gains of under 50% in 2021, quite a poor performance when compared to other major cryptos whose gains were 1000% plus in 2021.

While this may seem like a bad thing, it is the reason why Chainlink is one of the top 10 cryptocurrencies with the most potential to buy and invest in 2022. That's because compared to cryptocurrencies that are already up by thousands of percentages, the potential upside is higher. Simply put, it is easier for a cryptocurrency that is yet to break out to rally compared to one that is currently up by over 1000%. It's simply applying the age-old investing mantra of buying low and selling high if you want to maximize profits.

Besides, Chainlink is not just another random, speculative cryptocurrency. Its fundamentals are pretty solid, and that adds to its potential to emerge a winner.

buy chainlink

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

6. Avalanche (AVAX)

Avalanche has emerged as one of the best platform blockchains in the market today. It can deliver transaction speeds of up to 4500 transactions per second. You probably think this has been done already with a huge compromise on decentralization and security, right?

Well, no! Avalanche is one of the platform blockchains that are offering a high throughput while at the same time remaining true to the ideals of blockchain technology, and that's decentralization.

Avalanche achieves decentralization by operating as three separate networks: X-chain, the C-Chain, and the P-Chain. The X-Chain uses the Avalanche consensus protocol for managing assets. The C-Chain creates smart contracts while P-chain coordinates validators to maintain stability in both blockchains' operations using Snowman's latest development, which provides an improved version of the PoS (proof Of Stakes) algorithm.

For its ability to offer high throughput in a decentralized environment, it means that Avalanche is likely to keep drawing in developers of highly sensitive Dapps that need a high throughput for them to function effectively. This gives AVAX the potential to rally and outperform the market not just in 2022 but for years to come.

Besides its strong fundamentals, AVAX makes it to the list of the top 10 cryptocurrencies with the most potential to buy and invest in 2022 for its price action in 2021. Unlike other platform blockchains that went parabolic and delivered gains in the thousands of percentages, AVAX only recorded gains of 500% in 2021.

That's pretty high; when you factor in the fact that other platform blockchains recorded gains of up to 10,000%, then it's nothing. However, that is where the advantage is for AVAX in that it has a lot of upside potential as more people get to learn about it. Simply put, AVAX has a higher potential of making you rich compared to a cryptocurrency that is already up by 10,000% in a year.

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

7. Axie Infinity (AXS)

The Metaverse is on an exponential growth trajectory. For this reason, AXS can't miss among the top 10 cryptocurrencies with the most potential to buy and invest in 2022. However, it is not just about AXS being a player in a market that investors are piling into. There is also the fact that Axie Infinity has a lot of positive developments happening within its ecosystem.

For instance, in 2021, the company behind Axie Infinity raised $150 million from venture capital and raised Axie Infinity's value to $3 billion at the time. Besides the initial FOMO that followed that round of venture capital, the move injected into the Axie Infinity ecosystem, and the results are already being felt.  

For instance, in October 2021, the Axie Infinity developer team released Axie Infinity version 2, which came with many perks for gamers and investors. For instance, Axie Infinity version 2 introduced lands on Axie Infinity, putting the Axie Infinity Metaverse at par with the likes of Decentraland.

Many more developments are ongoing within the Axie Infinity ecosystem, developments that could see AXS make new highs in 2022. For instance, the team is also introducing new upgrades to Battle (Version 2) Origin and making it even more profitable for gamers looking to make money off NFTs.

With such upgrades coming up and interest on Metaverse cryptocurrencies on the rise, Axie Infinity is undoubtedly one of the best cryptocurrencies to invest in 2022.

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

8. Decentraland (MANA)

Decentraland is one of the oldest and most adopted Metaverse platforms out there. With the recent explosion of Metaverse cryptocurrencies, Decentraland was one of the best performers. In 2021, Decentraland made gains of over 2300%. After such a massive pump, is MANA still worth it as an investment?

Considering its strong and improving fundamentals, Decentraland easily stands out as one of the top 10 cryptocurrencies with the most potential to buy and invest in 2022. One of the reasons that MANA stands out among top cryptocurrencies to invest in 2022 is its growing adoption. Since 2021, Decentraland virtual lands have been flying off the market. Perhaps the most noteworthy was the record-making virtual land that sold for $2.4 million.

Big companies too are snapping up land on the Decentraland Metaverse. The most noteworthy of them is Samsung. In January 2022, Samsung announced opening a virtual store on Decentraland.

Such high-profile adoptions are likely to keep more investors to Decentraland relative to the other Metaverse cryptocurrencies. Decentraland is also likely to benefit from FOMO in 2020 as analysts keep pumping out positive projections for the Metaverse. One of these projections estimates that the Metaverse market could be worth $8 trillion within the next 8-years.

Such projections create a lot of excitement, and once crypto bulls take over in the broader market, MANA could be one of the top gainers without a doubt.

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

9. Sandbox (SAND)

There is no doubt that the Metaverse is on a growth trajectory. One particular aspect of it that has been growing at an exponential rate is play-to-earn gaming. This has uplifted the fortunes of Metaverse cryptocurrencies that focus on Play-to-earn gaming.

One cryptocurrency that has had a good run from this wave is Sandbox. In 2021, it emerged as one of the best performing Metaverse cryptocurrencies after it recorded gains of over 8500%.

Going into the future, there are a lot of growth prospects for Sandbox. One of the key factors that give it an edge is its fast-growing gaming ecosystem. As more games launch on the Sandbox, it means that the value of SAND will go up.

Its growing play-to-earn gaming ecosystem also threatens to disrupt the traditional gaming market, and that's a big deal. To understand how big of a deal this is, you need to understand how big of a market gaming is at the moment.

Video games are not just for children anymore. They have become an integral part of many people's lives, especially those living in developed countries. The revenue from the global PC gaming markets was estimated at almost 37 billion US dollars in 2020. Mobile gaming had an even better year and made a total of $77 billion globally in 2020. 

The best part is that this market is growing at an exponential rate. The global gaming industry is expected to grow at a Compound Annual Growth rate of 14.5% up to 2026.

The potential to disrupt such a large market makes Sandbox one of the top 10 cryptocurrencies with the most potential to buy and invest in 2022. While there are many other players in this market, the odds are in favour of Sandbox since it is one of the larger-cap Metaverse play-to-earn gaming platforms out there.

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

10. Ethereum (ETH)

Ethereum can't miss out on the top 10 cryptocurrencies with the most potential to buy and invest in 2022. There is a lot to look forward to for the number two cryptocurrency, which is also one of the most decentralized.

One of the factors that give Ethereum so much potential in 2022 is the completion of the shift to Ethereum 2.0. The process is widely expected to be completed by mid-2022, and there is every reason to be bullish on Ethereum.

That's because once the shift is complete, Ethereum will be faster, and transactions will cost cheaper. Growth in adoption will impact Ethereum's value since it is now a deflationary cryptocurrency following the London fork.

Institutional money is flowing into Ethereum at a high rate. When combined with Ethereum's improving usability, there is no doubt that Ethereum is one of the best cryptocurrencies to buy and hold in 2022.

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

What is the best site to invest in cryptocurrencies?

Crypto broker: eToro

eToro is one of the safest and easy-to-use exchanges for those who want to buy cryptocurrencies.

  Pros

  • It is easy to open an account.
  • It has a social trading feature
  • A wide range of cryptocurrencies to trade
  • eToro is regulated.

 Cons

  • Trading fees are relatively high.

eToro – The Best Platform To Buy Cryptocurrencies

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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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