The year 2022 is proving to be a massive year for smart contracts and blockchain. These technologies are expected to see massive growth as the different fields that rely on them – including, but not limited to, decentralized finance (DeFi) and non-fungible tokens (NFTs) – continue to grow as well. So, if you’re a value investor, you’re probably looking for the top smart contract crypto to buy right now.
Below, you can find a list of some of the top smart contract crypto expected to see massive upside going forward.
1. Lucky Block (LBLOCK)
The first asset on our ist is Lucky Block (LBLOCK).
LBLOCK is not a smart contract coin, but it’s an asset that investors want to keep an eye out for nonetheless.
LBLOCK is the native token for Lucky Block – an innovative blockchain-based gaming platform that is looking to disrupt the $230 billion online gaming industry. Lucky Block uses blockchain to ensure transparency and fairness across transactions and games. And it is open to everyone, regardless of where they are.
LBLOCK acts as a gateway for anyone looking to play games on Lucky Block. Investors can buy the coin and use it in place of traditional tickets, enjoying unrestricted access to titles on the platform.
After listing on PancakeSWap in January, LBLOCK’s value surged from a listing price of $0.00290 to a high of $0.0096 in less than a month. The asset has dropped to a current price of $0.0046, but it’s still over 200% up from its listing price. When the market flips bullish, we expect LBLOCK to surge exponentially.
It is also worth noting that Lucky Block has some expansion moves on the way. The platform’s mobile app is expected this month, and they have already opened up beta testing for prospective users.
Lucky Block is also entering the non-fungible tokens (NFT) space. The developers are launching an NFT collection this month as part of their marketing campaign. There’s definitely a lot of momentum with Lucky Block right now.
2. Ether (ETH)
It’s almost impossible to write a list of the top smart contract crypto without including Ether. The asset paved the way for smart contract coins, just as the Ethereum blockchain itself paved the way for smart contract chains.
Today, Ether remains in a firm #2 position on the CoinMarketCap charts. The asset has faced several challenges so far. Right now, the biggest challenge to Ether is the Ethereum blockchain itself. For the past year, the blockchain has had to deal with several scalability issues – from transaction latency to gas fees.
These issues have led to the rise of “Ethereum killers” – essentially, blockchains looking to take Ethereum’s place. These chains themselves are part of the reason for the boom in the smart contract space.
Regardless of the challenge, Ethereum is still the market’s top smart contract platform. And, developers are working hard on the ETH 2.0 upgrade, which is expected to address many of these scalability issues and make the Ethereum blockchain even better for decentralized application (dApp) development.
Lastly, there appears to be some progress on the fee front. Data from Coin Metrics showed that gas fees on the Ethereum blockchain dropped to $11 on Wednesday, marking the lowest point since August 2021.
3. Solana (SOL)
Solana is another coin that needs no introduction. The asset was the chief beneficiary after Ethereum’s issues forced a mass exodus of developers, and its blockchain has become a major force in the market.
In 2021 alone, SOL delivered returns of almost 10,000% for investors. The asset has started 2022 much slower, but it’s still drawn a great deal of investor interest.
The interest in Solana is understandable. Despite the security issues it has faced, the blockchain continues to sign up developers in thor numbers.
In fact, a report from the Bank of America back in January explained that Solana could end up being the VISA of the crypto space. The banking giant is highly bullish on the blockchain, and investors are also bullish on the coin.
Besides the BofA report, Solana has also been making some massive moves.
The blockchain’s developers launched SolanPay last month, creating a payment processor that allows ecommerce companies and point-of-sale (POS) operators to accept SOL and several other coins for payments.
With Solana-based NFTs now available on the Adobe Behance page, the blockchain’s compatibility with NFTs continues to grow as well. Solana has inroads into several fledgling fields, and this can only spell gains for SOL when the market bounces back.
4. Cardano (ADA)
Next on our list of the top smart contract crypto is ADA – the platform token for the Cardano blockchain.
Cardano has always been a popular chain in the industry. But, it never got to fulfill its potential because it lacked smart contracts – even though the chain and the ADA token were very popular in the market. All of that changed in September 20211 when the Cardano team implemented the Alonzo hard fork.
Thanks to Alonzo, the Cardano chain is now smart contract-capable.
The platform now supports the development of decentralized applications (dApps), and investors are excited to see how well it performs.
As for the ADA price, it hasn’t quite had the chance to really surge. After Alonzo launched, the market began a series of bearish cycles that have persisted to this day. So, many investors are betting on the asset to deliver gains once activity on its blockchain ramps up and the market flips bullish.
There are already signs of increased activity on Cardano. Minswap – a decentralized exchange that launched on the blockchain – saw its total volume locked jump by over 400% in less than a week. This shows that interest in Cardano remains high, and investors would want to keep an eye out for ADA.
5. Hedera (HBAR)
HBAR rounds up our list of the top smart contract crypto. It is the native coin for Hedera Hashgraph – a blockchain that touts itself as being more energy-efficient and faster than most of its competitors.
Heder employs a technology called Directed Acyclic Graph to side-step the energy-intensive mining process, achieving up to 100,000 transactions a second in transaction throughout.
While it might not be the most popular chain, Hedera has some strong fundamentals.
Just this week, the HBAR Foundation launched the Sustainable Impact Fund (SIF) – a $100 million investment fund focused on building climate-conscious solutions within the Hedera ecosystem. The investment fund hopes to make blockchain more environmentally sustainable – a focus for the industry going forward.
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