Published
1 year ago on
October 06, 2022
2022 has been a rollercoaster of a year for crypto enthusiasts. Between Snoop Dogg taking the Metaverse to the VMAs to the collapse of Terra (LUNA), the community has faced many situations that no one could have predicted.
Despite this, 2022 saw many projects thrive. From Big Eyes Coin to Cardano to Ethereum, many cryptocurrency projects have been able to make massive gains in 2022, doing so in a variety of ways with a variety of outcomes.
In this article, we will be looking at what these three projects have achieved so far in 2022, and see if any of these projects are worth getting involved with this year.
Cardano Reaches 3.9 Million Wallet Holders
It was recently revealed that the Proof-of-Stake blockchain network Cardano has reached over 3.9 Million wallets. This news, which was announced several days ago, is certainly a landmark for the project and puts it in good stead to continue in its growth.
Cardano is one of the leading cryptocurrencies by market capitalization, being a regular fixture of Coin Market Cap's top 10. The Cardano network is highly popular with creatives and innovators, thanks to the open-source nature of the protocol making it easy to implement into new projects.
As well as being open-source, Cardano also utilises Proof-of-Stake blockchain technology, which allows for many user benefits including quick and cheap transactions. The technology is also extremely environmentally friendly, thanks in no small part to Ouroboros- a blockchain protocol used by Cardano that helps the network remain as secure, scalable and low energy as it currently is.
