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The year 2021 was very newsworthy for the crypto sector. The monetary units saw frequent ups and downs before the pandemic hit. However, the capitalization reached a whopping 3 trillion shattering all previous records amid COVID-19.

The hype around crypto is increasing at a rapid pace. It’s projected that the gains will continue to be irse this year, while popular crypto trends are also expected to reach new heights. New developments like the popularity of NFTs (Non-fungible tokens), Web 3.0, and liquidity can be expected to impact trends positively.

Following are some trends to keep you abreast of how 2022 will shape up for cryptocurrency enthusiasts.

An Evolved Web 3.0

Web 3.0 is expected to become far more functional, open, and connected in the coming days. It would provide more control to people and minimize reliance on third-party servers. The broadening of Web 3.0 can open doors for a block-chain based version of the internet. An evolved internet that would help reduce the risks of sharing information online and sporadic crashes, allowing people to trade safe and securely through different algorithms.

Expansion of NFT Landscape

The market for non-fungible tokens is expected to grow exponentially this year. The NFT trend will allow people and artists to put the labors of their love on display and get good value for money by selling them to interested buyers. Expansion of NFT based marketplaces is also expected with prominent marketplaces taking the lead, and more exchanges likely to get on board.

Grow in Crypto Investment

Just like 2021, the cryptocurrency market is expected to see massive investments from corporate giants this year. With an initial investment of $30 billion, more companies are predicted to try their luck in the crypto ecosystem.

Furthermore, banks are also taking immense interest in the growing crypto landscape. Many banks have introduced easy loan policies against crypto assets, opening new doors for investment. Even popular clothing brands have also shown a massive interest in digital currency. Global companies that we could never anticipate are likely to invest in the booming digital market, and you should be too.

New Crypto Currencies

The crypto landscape has been growing at a staggering pace. One of the reasons behind it is the frequent introduction of new cryptocurrencies. While Bitcoin maintains the lead, many currencies have shown immense promise. Some of the coins that we should look forward to in 2022 include SafeMoon, Cake, XEDAICS, and LuckyBlock. However, XEDAICS, out of the ones mentioned, is the most interesting crypto venture. The digital currency is inspired by a crime thriller novel of the same name by Cole Blackstar. The vision behind the currency is to educate people about the future of crypto, making use of the novel’s popularity.

Conclusion

There’s no doubt in the fact that crypto holds a bright future. With new developments every day, crypto still has a long future ahead of it. Although, there’s still much more needed from the consumer’s end to make the currency mainstream, crypto giants are making conscious efforts to educate people about the use of cryptocurrency. It’s likely that with crypto becoming a norm, digital platforms will become even more enticing and accessible to the average individual.