Which layer-one protocols will outperform in 2022? | Tune in now to The Market Report

In this week’s show, Cointelegraph resident experts decide which layer-one protocol is more likely to rise above the rest in 2022. 

Join Cointelegraph host and analyst Benton Yaun alongside market analysts Jordan Finneseth and Sam Bourgi as they pick their favored layer-one protocols for 2022. Will it be Velas ($VLX), which is currently the fastest blockchain when it comes to transactions, Avalanche (AVAX), with its substantial VC backing, fast transactions and low gas fees, or Cosmos (ATOM), a platform focused on interoperability. Let us know which project you think has the most potential by leaving a comment in the chat room!

Stick around after the showdown for insights from Cointelegraph’s Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. Markets Pro identifies two altcoins that stood out this week: ACH and ICP.

Do you have a question about a coin or topic not covered here? Don’t worry! Join the YouTube chat room and write your questions there. The person with the most interesting comment or question will be given a free month of Cointelegraph Markets Pro, worth $100!

“The Market Report” streams live every Monday at 12pm ET, so be sure to head on over to the Cointelegraph YouTube page and smash that like and subscribe button for all our future videos and updates.


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Four Altcoins on Ethereum Soar 70% or More in Seven Days As Bitcoin Tests $52,000

Four altcoins on top of Ethereum are recording massive gains over the last seven days while Bitcoin attempts to recover its losses.

Currently sitting with a big 85% gain is CRTS, the ERC-20 token that powers the Cratos mobile app, a real-time live vote platform where users can generate vote topics according to their preference, and other users can participate in the vote.

Market participants have responded positively to developments in Cratos over the last week, including CRTS getting listed on crypto exchange MEXC, as well as the launch of a global version of the app which was previously only available in Korea.

Synapse (SYN), another Ethereum-based altcoin is currently up 89% in the last seven days. Synapse is a cross-chain protocol that aims to provide interoperability between various blockchains. It consists of the Synapse Network (SNP), and an automated market maker (AMM) for pricing and asset rebalancing.

Closely followed crypto analyst Smart Contracter recently told his 198,000 followers that SYN looked exceptional in its Wrapped Ethereum pair (SYN/WETH).

“With all the layer ones competing against each other, accumulating something that bridges them all together feels like a picks and shovels play to me.

SYN chart looks amazing against eth here on the weekly and allows you to bridge to almost every single chain from any chain.”

Source: Smart Contracter/Twitter

Also showing strength is Velas (VLX), a proof of stake blockchain and ecosystem on which one can build artificial intelligence projects, decentralized applications (dApps), or smart contracts.

VLX is currently trading at $0.37, up 73% over the last seven days, about 33% below its all-time high of $0.55.

Making even bigger waves is Vader Protocol (VADER), a decentralized liquidity protocol that anchors a slip-based fee Automated Market Maker (“AMM”) with its own native stablecoin, USDV.

VADER is currently trading at $0.09, up a massive 150% in the last seven days.

At time of writing, Bitcoin is up 11% in the same time frame, currently trading just below $52,000.

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Velas Joins the Travala Ecosystem

VLX coins in front of Travala reception

VLX coins in front of Travala receptionZUG, Switzerland, December 6, 2020 /ACCESSWIRE/ — Velas (VLX), the cryptocurrency that powers the Velas self-optimizing blockchain platform, will soon be supported by the number one blockchain-based travel booking platform — Travala.  Travala.com will soon accept Velas tokens (VLX), in addition to other leading crypto assets such as Bitcoin (BTC), Ethereum (ETH), and AVA —

Read MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News


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Bitcoin (BTC) $ 26,582.12 0.03%
Ethereum (ETH) $ 1,591.24 0.05%
Litecoin (LTC) $ 64.73 0.29%
Bitcoin Cash (BCH) $ 207.47 0.43%