There could be a better opportunity for exponential growth in 2022 for cryptocurrencies like Polygon (MATIC), Solana (SOL), and Seesaw Protocol (SSW).
If you know about crypto, you know about Bitcoin (BTC) and Ethereum (ETH). Both giants top the market cap ranking and have a combined market dominance of around 60%.
Bitcoin is the marker of the industry and is twice as big as Ethereum. The second-largest cryptocurrency is closing the gap on BTC, thanks in no small part to its usefulness, which includes helping facilitate the vast majority of the NFT market.
However, it also has its negative aspects. The Ethereum network can sometimes become congested, reducing transaction speeds and making the notoriously high gas fees even more expensive.
As a result, many investors are turning away from BTC and ETH and looking for alternatives. Solana (SOL), Polygon (MATIC), and Seesaw Protocol (SSW.
solana
Solana (SOL) was launched in 2017 and is often referred to as the “Ethereum killer” due to its rapid growth ecosystem. A Solana developer puts it bluntly, “Solana is an open network. Anyone can start building on it.”
Its functionality allows it to provide DeFi (decentralized finance) solutions. It can compete with Ethereum and offer faster, cheaper transactions.
The future looks bright for SOL. Solana Pay will allow customers to make payments on the Solana network using a stable coin such as USDC or SOL. Another way that SOL is holding onto ETH is through NFTs.
With low fees and almost endless growth potential, Solana could become the top five crypto asset in 2022.
Polygon (MATIC)
Polygon is also focusing on tackling the issue of Ethereum congestion. As a layer two blockchain, it can help developers of decentralized applications (dApps) achieve higher gas fees.
Its native token, MATIC, is used to pay very low fees on the Polygon network. NFTs on polygon series are also becoming more and more popular over time. Transactions have increased by 7000% since the beginning of 2021, reaching 8.9 million in June.
Seesaw Protocol (SSW)
The Seesaw protocol provides a more delicate alternative to congested Ethereum (ETH) networks than Solana (SOL) and Polygon (Matic). It plans to offer cross-chain swaps from Binance Smart Chain (BSC) to both Ethereum and the Polygon network.
Holders can use SSW to bridge between blockchains and avoid any congested networks or any time high fees are required.
Phase two of the Seesaw Protocol Presale has just begun, and if it can replicate the success of Phase One, SSW is not one to miss. In the first six weeks of presale, SSW increased by 20000%.
Experts have suggested that it may come close to doing so again in the time remaining before the launch, which means that its current price could move higher from $0.113 near the $0.4-0.45 zone.
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Post Solana, Polygon, Seesaw Protocol (SSW) – three cryptos to buy in March first appeared on BeInCrypto.