Top 10 Best Cryptocurrency to Invest in 2022

Javier Oliván
19 Min read

Cryptocurrencies are experiencing a very positive year, attracting more and more attention despite the fact that it is still a sector that is in development. Where will the action follow in 2022? 

In this article we will review the top 10 best cryptocurrency to invest in 2022 and how you can trade cryptocurrency Contracts for Difference (CFDs) with Admirals. 

Introduction: Best Cryptocurrency to Invest in 2022 

This article includes the top 10 best cryptocurrency to invest in 2022 that could be an option to trade CFDs with.  

However, before trading or investing you should bear in mind that cryptocurrencies are assets with high volatility and therefore, before making a decision, we recommend that you consult with your financial advisor to confirm that these are the right options for you.  
 
We cannot know exactly the best cryptocurrency to invest in 2022, but we have made a selection of those that could behave more positively or more stable.  

This selection is based on the trajectory that digital currencies have had in recent years, the current market capitalization, the trend of the industry and the investment arguments offered by each of the selected cryptocurrencies.  
 
Stable coins such as Tether or Binance have not been taken into account, as due to their characteristics they will always be linked to the evolution of the USD. 

Each of the analysed cryptocurrencies includes a brief description of it, some of the reasons why it could emerge in 2022 and a daily chart of the last 6 months that includes two technical indicators.   

In addition, the individual descriptions have included the evolution of each cryptocurrency over the last five years, something that has been expanded in the Evolution of the Best Cryptocurrencies in the Last Five Years section (further below in this article). 

What is the Best Cryptocurrency to Invest in 2022? 

Bitcoin (BTC) 

It is the most famous cryptocurrency and the one with the highest trading volume, excluding stable coins. Despite the strong increase in competition, Bitcoin remains the absolute dominator of the digital currency market according to its market capitalization.   

The growth in value of Bitcoin is spectacular, with an average in the last 6 years higher than 300% and only in 2021, the cryptocurrency advanced close to more than 80%.   

Some events, such as the acceptance in El Salvador of Bitcoin as a FIAT currency have led to an increase in the popularization and recognition of this asset that some call "digital gold".  

In addition, there are several reasons why the advance of Bitcoin could increase in the coming years. For example, close to 90% of Bitcoins have already been mined, so, if demand continues to grow and the increase in supply is reduced, what will happen to Bitcoin? Will it be one of the top 10 best cryptocurrency to invest in 2022? 

Graphically you can see the fluctuation of the Bitcoin price (with USD) in the last 6 months.   

Source: Admirals MetaTrader 5, BTCUSD, Daily - Data range: May 10, 2021 to November 26, 2021, conducted on November 26, 2021 at 7:00 pm CET. Keep in mind that past performance is not a reliable indicator of future results. 

Bitcoin's Past Five-Year Performance:   

  • 2020 = 302,28 %         
  • 2019 = 94,01 %         
  • 2018 = -73,22 %         
  • 2017 = 1337,66 %         
  • 2016 = 124,05 % 

If you want more information about Bitcoin, we recommend that you take a look at our article What is Bitcoin? Plus, How to Trade Bitcoin CFDs

In addition, at Admirals we offer you a complete library of articles and tutorials so you can educate yourself on CFD trading in general, amongst many other financial topics. 

Although if you prefer, we also offer you free webinars every week.   

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Ethereum (ETH) 

The second cryptocurrency in our ranking of the best cryptocurrency to invest in 2022 is Ethereum, also the second in terms of market capitalization in 2021.  

A situation that has been repeated year after year for more than 5 years, Ethereum is always at the forefront of Bitcoin.   

However, these differences are narrowing significantly in 2021, where Ethereum is five times higher than that of BTC.   

There are several reasons that Ethereum may be one of the top 10 best cryptocurrency to invest in 2022, including: 

✅ Increase in the burning of tokens in circulation after the EIP-1559 update.  
✅ More efficient network, lower electricity consumption for mining, higher rewards. 
✅ Generous Staking (validation) programs 

Graphically you can see the evolution of the Ethereum price (paired with USD) in the last 6 months. 

Source: Admirals MetaTrader 5, ETHUSD, Daily - Data range: May 10, 2021 to November 26, 2021, conducted on November 26, 2021 at 7:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

Ethereum's Past Five-Year Performance:         

  • 2020 = 469,57 %         
  • 2019 = -2,04 %         
  • 2018 = -82,10 %         
  • 2017 = 9144,29 %         
  • 2016 = 753,78 % 

If you want to learn more about Ethereum, we recommend that you take a look at our article What is Ethereum and How Does It Work?

Stellar (XLM) 

The Stellar network and the Stellar Lumens digital currency is having a very positive 2021.  

The XLM has an increase of more than 150% so far this year. Similar numbers to 2020. Will XLM continue to trend in 2022? Will it be among the top 10 best cryptocurrency to invest in 2022? 

The network stands out as an efficient digital platform in which it is possible to integrate all cryptocurrencies in the same wallet.  

Through its services it is possible to exchange cryptocurrencies for commonly used currencies (FIAT), legally accepted, depending on the country. 

Its supporters consider that as the use of cryptocurrencies is standardized, it is possible that the use of this cryptocurrency will grow.  

It is possible that the uprise in price in 2017 could be repeated, when Stellar Lumens increased its value by more than 14,500% in just one year. 

Graphically the evolution of the Stellar Lumens price (against USD) can be observed in the last 6 months. 

Source: Admirals MetaTrader 5, XLMUSD, Daily - Data range: May 9, 2021 to November 26, 2021, conducted on November 26, 2021 at 7:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

Stellar Lumens Past Five-Year Performance:         

  • 2020 = 183,92 %         
  • 2019 = -59,13 %         
  • 2018 = -69,52 %         
  • 2017 = 14513,20 %         
  • 2016 = 41,01 % 

You can follow the live price of XLM and trade the XLM CFD here

Dash (DASH) 

The Dash cryptocurrency was created with the aim of reducing transaction costs and overcoming the scalability problems of other cryptocurrencies such as Bitcoin.   

Dash represents a revolution for the traditional financial system thanks to instant payments with very low commissions.   

Dash's focus is in Latin America, where the Dash Foundation is making efforts to promote the use of cryptocurrencies with proposals such as the launch of the first cryptocurrency debit card in Latin America.   

For this reason, some analysts believe that 2022 could be the year of Dash and be among the top 10 best cryptocurrency to invest in 2022, both in the short term and long term. 

Graphically you can see the evolution of the price of Dash (against USD) in the last 6 months. 

Source: Admirals MetaTrader 5, DSHUSD, Daily - Data range: May 9, 2021 to November 26, 2021, conducted on November 26, 2021 at 7:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

Dash's Past Five-Year Performance:         

  • 2020 = 141,77 %         
  • 2019 = -47,89 %         
  • 2018 = -92,48 %         
  • 2017 = 9281,62 %         
  • 2016 = 242,81 % 

If you want more information about Dash we recommend that you take a look at our What is Dash? article

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Monero (XRM) 

Monero certainly deserves a spot on our list of the top 10 best cryptocurrency to invest in 2022.  

It is a cryptocurrency focused on offering privacy to its users, a fundamental difference with competitors such as Bitcoin and Ethereum that use transparent Blockchains. 

Currently, financial regulators around the world are looking for ways to regulate cryptocurrencies, something that could benefit Monero.  

Ironically, Monero is designed not to be traceable and is considered by some analysts to be the sleeping giant of cryptocurrencies.   

Will 2022 be the year this giant awakens? 

Graphically, you can see the evolution of the Monero price (against the USD) in the last 6 months. 

Source: Admirals MetaTrader 5, XMRUSD, Daily - Data range: May 9, 2021 to November 26, 2021, conducted on November 26, 2021 at 7:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

Monero's Past Five-Year Performance:         

  • 2020 = 251,29 %         
  • 2019 = -3,59 %         
  • 2018 = -86,75 %         
  • 2017 = 2432,87 %         
  • 2016 = 2829,42 % 

If you want more information about Monero, we recommend that you take a look at our What is Monero? article

Litecoin (LTC) 

Litecoin was born in 2011 as an "improved alternative" to Bitcoin, offering faster block generation and more efficient commissions.  

However, so far Litecoin's penetration has been a far cry from its rival Bitcoin. Will 2022 be the year this situation will change? 

Graphically you can see the evolution of the Litecoin price (against the USD) in the last 6 months. 

Source: Admirals MetaTrader 5, LTCUSD, Daily - Data range: May 9, 2021 to November 26, 2021, conducted on November 26, 2021 at 7:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

Litecoin's Past Five-Year Performance:           

  • 2020 = 201,62 %         
  • 2019 = 35,67 %         
  • 2018 = -86,87 %         
  • 2017 = 5260,28 %         
  • 2016 = 24,43 % 

If you want more information about Litecoin we recommend that you take a look at our articles What Is Litecoin? and How to Trade Litecoin CFDs. 

Polkadot (DOT) 

For years, the blockchain industry has been facing the scalability problem. 

Scalability problems can be defined as the problems that crypto presents when user volume grows significantly and involves performance and operability problems. 

Since its inception, Polkadot has sought to end the scalability problem. It is a multifragmentation network with which many transactions from different chains can be processed in parallel. 

This fragmented chain approach has been a revolution for the crypto industry and marks the beginning of a new era, third generation cryptocurrencies.   

In essence, the Polkadot network is much closer to the Ethereum network than to the Bitcoin project. 

Polkadot offers a platform that supports smart contracts and favours the development of decentralized applications (DApps).   

However, it is a simpler approach than Ethereum, both in design, programming and deployment. That is why it could be among the best cryptocurrencies to invest.  

Graphically the evolution of the Polkadot price (against the USD) can be observed in the last 3 months. 

Source: Admirals MetaTrader 5, DOTUSD, Daily - Data range: August 22, 2021 to November 26, 2021, conducted on November 26, 2021 at 7:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

No data is available on Polkadot's stock price prior to 2019.   

  • Polkadot Yield in 2020 = 201.62%. 

Solana (SOL) 

Solana is being one of the best cryptocurrencies in terms of profitability in 2021, with growth of more than 12,500% from December 31, 2020 to November 26, 2021.   

It is a new cryptocurrency and as in the case of Polkadot, it is part of the third-generation cryptocurrencies and again due to its characteristics, it is more like Ethereum than Bitcoin.   

However, one of the main differences between these projects is the speed of the transactions. Solana can support up to 50,000 transactions per second, compared to the 10,000 that Polkadot can support; in the case of Bitcoin this number is reduced to 7 transactions per second. 

According to market capitalization, as of November 30, 2021 Solana is the fifth largest cryptocurrency. Could it rise to be the amongst the top 10 best cryptocurrency to invest in 2022?

Graphically the evolution of the Solana price (against the USD) can be observed in the last 3 months. 

Source: Admirals MetaTrader 5, SOLUSD, Daily - Data range: August 22, 2021 to November 26, 2021, conducted on November 26, 2021 at 7:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

There is no data on Solana's price prior to 2019.   

  • Solana's yield in 2020 = 12,674.83%. 

Polygon (MATIC) 

Polygon (MATIC) is a cryptocurrency that complements Ethereum and facilitates in increasing the scalability and uses of this network.  

The launch of NFTs (Non-Fungible-Tokens) and decentralized finance (DeFi) causes an increase in the needs of the Ethereum network.   

The Polygon network works as a side corridor that connects to the Ethereum network and allows to eliminate these bottlenecks and thus increases the efficiency of this network. 

Some companies have joined the Polygon protocol to offer blockchain solutions to companies, among others the E&Y Consultant.

In 2021, the cryptocurrency has had a growth in value of more than 9000%. Will Polygon be able to keep up in 2022? 

Graphically you can see the evolution of the Polygon price (against USD) in the last 6 months. 

Source: Admirals MetaTrader 5, MTCUSD, Daily - Data range: May 18, 2021 to November 26, 2021, conducted on November 26, 2021 at 7:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

Polygon's stock price data is not available prior to 2018.   

  • Polygon performance in 2020 = 9429.21% and in 2019 = 27.66% 

Uniswap (UNI)

Uniswap allows you to exchange cryptocurrencies in a decentralized way, using smart contracts on the Ethereum network. 

The Uniswap project has introduced some revolutionary innovations in the crypto universe such as liquidity miners or (liquidity mining). The Uniswap protocol enables users to generate revenue through injection of liquidity into the system. 

Investors inject tokens into the “liquidity pools”, and as these tokens are used by third parties, commissions are generated that are used to maintain the protocol and give rewards to the investors of said pool.   

Graphically you can see the evolution of the Uniswap price (against USD) in the last 6 months. 

Source: Admirals MetaTrader 5, UNIUSD, Daily - Data range: May 9, 2021 to November 26, 2021, conducted on November 26, 2021 at 7:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

There is no data on Uniswap's price prior to 2018.   

  • Uniswap yield in 2020 = 274.47%. 

Evolution of the Best Cryptocurrencies in the Last Five Years 

Año Bitcoin Ethereum Stellar Dash Monero Litecoin Polygon Polkadot Solana Uniswap
2016 124 % 754 % 41 % 243 % 2829 % 24 %        
2017 1338 % 9144 % 14 513 % 9282 % 2433 % 5260 %        
2018 -73 % -82 % -70 % -92 % -87 % -87 %        
2019 94 % -2 % -59 % -48 % -4 % 36 %        
2020 302 % 470 % 184 % 142 % 251 % 202 % 28 %      
2021* 88 % 452 % 151 % 85 % 43 % 57 % 9429 % 283 % 12 675 % 274 %

Source: Personal elaboration through the data obtained by coinmarketcap.com collected last on November 25, 2021 at 4:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

The 5 Year Evolution of Cryptocurrencies (Up until 2021) 

Source: Personal elaboration through the data obtained by coinmarketcap.com collected last on November 25, 2021 at 4:00 pm CET. Please note: Past performance is not a reliable indicator of future results. 

This section shows the evolution of the top 10 best cryptocurrency to invest in 2022 in the last 5 full years and also includes the evolution up until November 26, 2021.   

Here you can see how the volatility of cryptocurrencies is very high, with an average growth in value of 1723%. Although it is important to note that these numbers are highly influenced by the year in which the sample is taken. 

In 2017 the average growth was close to 7000% and in 2018 there was a strong contraction, on average higher than 80%.   

The selection made includes 6 historical cryptocurrencies older than 5 years and 4 that have been created in the last two years.   

In recent years, older projects tend to exhibit less volatility than new projects that tend to attract more attention and star in more marked rallies.   

According to the arithmetic mean of the last 5 years, Stellar Lumens and Ethereum would be the best cryptocurrencies to invest in the long term. 

Keep in mind that past performance is not a reliable indicator of future results. 

What is the Best Cryptocurrency to Invest in 2021? 

The best cryptocurrencies to invest in 2021 according to the selection that has been made would be Solana and Polygon, with advances close to 12,675% and 9,430% respectively.   

The Best Broker to Trade Cryptocurrency CFDs 

With Admirals it is possible to buy or sell cryptocurrencies through contracts for difference (CFDs). Thanks to this popular product you can invest in a wide range of CFDs on cryptocurrencies

The process is as simple as following the steps below: 

  • Download / open the platform 
  • Open a new account or log in 
  • Open a chart of a cryptocurrency 
  • Start trading! 

The best way to practice your trading is through a demo trading account. You will operate with virtual funds, so there is no risk of capital loss.   

Conclusion: Best Cryptocurrency to Invest in 2022 

The cryptocurrency industry is still in an early stage and consequently there are great opportunities and great risks.   

Furthermore, despite the spectacular median growth numbers, 4 of the 6 historical cryptocurrencies selected in this sample are currently trading below the levels recorded at the end of 2017. 

However, these assets stand out for their high volatility, which is why it is difficult to define which are the top 10 best cryptocurrency to invest in 2022. 

This situation is expected to continue and therefore it is not possible to clearly define which cryptocurrency will rise the most in 2022. 

That said, it is possible to anticipate that there will be trading opportunities both up and down in all listed cryptocurrency CFDs.

If you have already decided to start trading CFDs on cryptocurrency, you can open a live account by clicking on the following banner:    

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INFORMATION ABOUT ANALYTICAL MATERIALS:  

The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admirals investment firms operating under the Admirals and Admirals trademarks (hereinafter “Admirals”). Before making any investment decisions, please pay close attention to the following:  

1. This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research.  

2. Any investment decision is made by each client alone whereas Admirals shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content.  

3. With view to protecting the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for prevention and management of conflicts of interest.  

4. The Analysis is prepared by an independent analyst (hereinafter “Author”) based on Javier Olivan, Financial Analyst + Financial Writer personal estimations.  

5. Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained within the Analysis.  

6. Any kind of past or modeled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admirals for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed.  

7. Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the risks involved. 

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