5 Cryptocurrencies Redditors are Buying for 2022 and Beyond

Page 1 of 5

In this article, we discuss the 5 cryptocurrencies Redditors are buying for 2022 and beyond. If you want to read our detailed analysis of these currencies, go directly to the 10 Cryptocurrencies Redditors are Buying for 2022 and Beyond.

5. Solana

Solana is a cryptocurrency that is often described as a rival to Ethereum. This is because the Solana network, which uses the Solana coin, has fast transaction speeds and offers lower associated costs when compared to other popular coins. The Solana network is supporting a diverse range of projects spanning DeFi, NFTs, Web3 and others as it increases in importance for blockchain enthusiasts. Redditors have also been piling into the coin as investments in NFTs and DeFi applications increase. 

Solana offers speeds of 50,000 transactions per second, a unique offering that has propelled the network to become the sixth-largest in the cryptoverse in terms of market capitalization. The network uses a proof of stake and proof of history consensus mechanism to achieve greater speeds, another differentiating characteristic when compared to other coins.  

Page 1 of 5