2021 has largely been the year of crypto. The industry has generally experienced exceptional growth. But despite this, some projects or coins just blew everyone out of the water. Here are some highlights:
Overall cryptocurrency returns topped other asset classes by huge margins
While it may seem like it’s too late to buy these high-growth coins, it really isn’t.
More growth could still come from the crypto space in 2022 and beyond.
Well, here are our selections of parts that have performed exemplary this year but still offer enough benefits for further growth.
Solana (SOL) has often been dubbed the Ethereum killer. The project is designed to offer developers an alternative to Ethereum and has grown. New projects are launched on Solana, and the network promises users low fees, better speeds, and overall blockchain efficiency.
Data source: Tradingview.com
Solana (SOL) was the best performer in 2021, gaining more than 12,000%. But there is so much to come of this token in the years to come. In fact, some experts believe SOL will hit $ 1,000 by 2027. At the time of writing, the coin was selling for $ 175.
Cardano (ADA) was also one of the main performers of the year. The coin currently ranks among the top ten cryptos in the world by market cap. At the time of this writing, it is trading at around $ 1.37. ADA has actually lost some of its momentum as we move towards the end of the year.
After an explosive start in 2021, the coin was well on its way to gains of over 1,500%. But the correction in the crypto market that we saw in November and December eroded those gains. As a result, ADA will return approximately 675%. It’s still a decent comeback, but more so, it means the coin could rise further in the future.