HomeBusinessCryptocurrencyCracking Crypto: 4 of the Best Cryptocurrencies To Invest In

Cracking Crypto: 4 of the Best Cryptocurrencies To Invest In

As of March 2022, there are over 18,000 cryptocurrencies in existence. New currencies appear every day and though the majority of them do not make an impact on the market, there are enough viable cryptocurrency options to make investing in one a complex process.

Although Bitcoin remains the most popular choice despite the slump it has been experiencing, there are other excellent choices when searching for cryptocurrencies to invest in. Read on for some of these options.

1. Cryptocurrencies To Invest In: Cardano (ADA)

Engineers, mathematicians, and cryptography experts created this cryptocurrency option. One of the project’s co-founders was Charles Hoskinson, who was one of the original founding members of Ethereum.

The backbone of Cardano is research. The team that created it has written over 120 papers on blockchain technology and this research has enabled them to create a crypto option that stands out from the rest of its PoS peers.

In March of 2022, Cardano had the eighth-largest market capitalization, coming in at $26.9 billion.

2. ANKR

ANKR began in 2017 when two former UC Berkeley students, Chandler Song and Ryan Fang (along with Stanley Wu) created it.

The ANKR platform uses blockchain and trusted hardware to form a Distributed Cloud Computing (DCC) network. This network allows developers to create blockchain nodes and DeFi at more affordable rates.

ANKR crypto works as a medium of exchange on the ANKR network, allowing users to pay for the fees of running nodes or accessing the API service on the same network. Buy ANKR to gain access to the network.

3. Stellar Lumens (XML)

Stellar is an open blockchain network made to connect financial institutions to achieve large transactions. Substantial transactions between banks and investment firms no longer have to take days and rack up costs. With Stellar, these transactions are immediate, require no intermediaries, and cost very little.

The currency Stellar uses Lumens and users must have that crypto to make transactions on the network. Stellar Lumens have a market capitalization of $4.4 billion as of March 2022.

4. Solana (SOL)

Solana began just last year with 0.01 percent of the market and immediately caused a stir as it rose to the top ten currency options by market cap.

It is a fast option with a highly scalable network. It is also an option that can easily be used to create decentralized apps that run on a blockchain and that can do so at much higher speeds.

It has a $32 billion market cap and its network fees are some of the lowest you will see when buying crypto.

Invest in Quality Crypto

There are thousands of cryptocurrencies to invest in and so you want to be selective in the options you consider. Crypto is going to become even more popular as time passes, so investing in these promising options is the way to go.

If you want to know more about crypto, check out our Cryptocurrency page under our Business tab!

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