5 forecasts for 2022 from ForkNews

2021 has been a big year for the entire crypto market. Will next year be able to repeat the successes of its predecessor?

1. The emergence of Ethereum 2.0

The transition to Eth2 has been planned for several years, and the implementation of the merger of networks should occur this year (if the developers do not postpone the dates again). In 2023, sharding should be added to the functionality of Ethereum.

It is important to note that until the implementation of sharding, fees on the network will remain at the same level or higher even after the transition to Eth2. 

2. Uncertain times for legacy projects

The emergence of Avalanche, Terra, Solana and Polkadot has drawn attention away from projects that have been on the market for a long time. For many years now, these cryptocurrencies have been promising mountains of gold to their holders, but so far they have not been able to show results either technologically or in terms of growth in the market during the bullish year of 2021.

Some of these projects are Litecoin, Iota, Dash, EOS, Cardano. And although, for example, Cardano is actively being developed and developed, the creators are not yet able to provide competitive technology that would differ from other offerings on the market.

3. Stablecoins will begin to be regulated

This means that the SEC will be able to take enforcement action against companies issuing stablecoins.

But there is good news - US regulators apparently have no plans to ban or crack down on stablecoins. 

4. Token prices will be less correlated with BTC

Instead of following Bitcoin, different cryptocurrencies will increase in value based on the value of their supply. This separation has been slowly happening for several years, but the process has accelerated greatly in 2021. 

The difference between the highest profits in crypto and the lowest is truly staggering. Tokens like SOL and LUNA are up 8,000% or more, while oldie EOS is down 80%. 

The conclusion is simple: “just being in crypto” is no longer enough. Now, as with any other investment, your profit depends on where exactly you invest your money.

5. The metaverse from Facebook will be of no use to anyone

Annual and quarterly reports on sales in virtual reality and the use of technology will either be very sad or will falsify information and replace concepts..

Then Zuckerberg's company will again try to “reimagine” metaverses in much the same way as it “reimagined Libra. 

Soon people will come to a general agreement: putting on glasses or a helmet in order to use a social network is simply inconvenient.

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