2021 was a fantastic year for cryptocurrency investment. All because of retail and institutional investors. Cryptocurrency, which was previously only understood by a relatively small community of investors, is now becoming a household name. According to analysts, global cryptocurrency investments will more than triple by 2030. Investors can’t help but get on board with the opportunities presented by the cryptocurrency world.
Will the crypto trend continue in 2022 after a successful year in 2021? Here are a few crypto trend predictions for 2022 from the crypto world.
Cryptocurrency’s Future in 2022
With new technologies and improved solutions, the future of cryptocurrency looks bright in 2022. People’s sentiments will also play a significant role in crypto prices, as many investments are driven by meme coins such as Doge coin and Shiba Inu. We wouldn’t be surprised if we heard about how a group of Reddit users drove cryptocurrency prices through the roof.
Bitcoin, Ethereum, Polka dot, and other investments such as NFTs are the top cryptocurrencies to watch in 2022. As the number of investors grows, 2022 will be an exciting year for the crypto investment world. Companies are developing better coins to address the issues with existing cryptocurrencies.
Cryptocurrency laws and regulations
In 2021, there were numerous significant regulations on cryptocurrencies, with China outlawing all crypto-related activities and US authorities regulating specific aspects of the market. Regulators have also begun to investigate the DeFi space. Analysts believe that regulation will play a significant role in the cryptocurrency market.
Regulators are attempting to use their authority to reduce the crypto market’s high volatility. This would help to mitigate the effects of a massive sell-off. Furthermore, the regulations would limit the use of cryptocurrency for illegal businesses and keep a close eye on crypto sharks.
The global shift to DeFi
In 2022, there will be a global shift toward DeFi. Because DeFi is still in its early stages, there are numerous risks to fully embracing decentralized finance. It faces issues such as scalability, financial privacy, credit scoring, and many others.
However, as global Fintech companies look to enter this market with better blockchain solutions in 2022, we may see some significant changes in addressing these issues.
The future of DeFi, or the future of the financial system with DeFi, may result in widespread adoption of DeFi by Fintech firms, banks, governments, and others. This year, total funds deposited into DeFi services surpassed $200 billion for the first time, and experts predict that demand will rise further in 2022.
The trend of Metaverse and GameFi
Metaverse Games will be popular in 2022. The popularity of the concept of GameFi has skyrocketed. Who doesn’t enjoy winning and being recognised for their efforts? GameFi seamlessly integrates this.
While some projects have rewarded players with non-fungible tokens (NFTs), others provide adequate value for their users’ money and time. In 2022, GameFi may provide the exposure that the crypto world requires. Everyone enjoys playing games, and the opportunity to earn rewards that may be useful in the future will undoubtedly appeal to the masses.
These are the four trends that were predicted months back and now actually happening for real. You can also join these for better trending.
