Citing The Weekly Update - 2021 Summary report of Arcane, Brian Newar reports in cointelegraph.com the research firm's Crypto predictions for the year 2022.
"The report focuses on Bitcoin (BTC) and Ether (ETH) but delves into other major coins, decentralized finance (DeFi), memecoins, nonfungible tokens (NFT), derivatives and others. Arcane offered a prediction for what would happen in 2022 on every topic covered in the report."
Highlights:
Bitcoin will outperform the S&P 500 in 2022
XRP and Cardano will fall out of the top 10
Alternate layer ones blockchains will continue to outperform ETH
Traditional gaming companies will increasingly add NFTs
Even more crypto companies will go public, and several will have valuations above $5B
Bitcoin ETFs will hold more than 1M BTC by end of 2022
Hashrate will become even more geographically distributed
Source credit and full story - https://cointelegraph.com/news/arcane-research-releases-its-crypto-predictions-for-2022
Here is the link to Arcane's full report - https://static1.squarespace.com/static/60377b34e7791c1277aaae97/t/61cb272480430d5cc3337156/1640703789129/Weekly+update+-+Arcane+Research+%28Week+51%29+2021+SUMMARY.pdf
My favorite one out of the list is "Alternate layer ones blockchains will continue to outperform ETH" and would make you wonder if Hive Blockchain be one of them.
Which is your favorite? Or do you have your own crypto prediction for 2022? if yes feel free to let us know in the comment.
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