Since the public became aware of the bitcoin market, it has grown in popularity. There has been no turning back since then. Given the turbulence of the cryptocurrency market, many investors are interested in learning about the most popular altcoins. It's no surprise that Bitcoin has a large trading volume, but there are a lot other altcoins that have a large trading volume as well. We'll speak about the top 10 altcoins with the biggest trading volume in 2022 thus far in this article.
- Ethereum
Ethereum is, in reality, the second-largest cryptocurrency by volume. Because of its potential applications, this altcoin surely earns a spot on the list of the best cryptocurrencies to buy in. Smart contracts are one characteristic of Ethereum that sets it unique from the rest of the potential uses.
- Polkadot
Polkadot's capacity to connect all diverse blockchain networks smoothly has piqued the interest of investors from all across the world. Hundreds of projects are now being created on the Polkadot ecosystem, which is pretty popular these days. Polkadot has a large trade volume as a result of all of these.
- Cardanao
Cardano is one of the altcoins that has seen a significant increase in value over time. The year 2021 proved to be a watershed moment for this cryptocurrency. This year will follow the same pattern as last year. Furthermore, the fact that this altcoin reduces transaction time and energy usage has only increased its trading volume to unprecedented levels.
- Tether
Well, who hasn't heard about Tether? Tether, regarded as one of the most stable cryptocurrencies, has made it a point to be a go-to cryptocurrency for risk-averse investors. Tether's value is thought to be more consistent than that of other cryptocurrencies, hence it is highly favoured by investors, resulting in a high trading volume.
Binance, one of the world's major crypto exchanges, created the Binance coin, as everyone knows. It has evolved over time from merely enabling trades to a platform where users may engage in trading, money processing, and even travel booking. This altcoin has a significant trading volume as well. In the coming years, the tendency is anticipated to continue.
XRP
Because of its potential to ease the exchange of many currency kinds, including fiat currencies and other major cryptocurrencies, this altcoin has gotten a lot of attention. Isn't this evidence enough to conclude that Ripple's XRP is well worth investing in?
- Dogecoin
In a short period of time, Dogecoin has risen to become one of the most popular cryptocurrencies in the entire cryptocurrency industry. With prominent organisations such as the Dallas Mavericks, Kronos, and SpaceX relying on this altcoin, it's impossible to deny that it has a significant trade volume.
- Shiba inu
Shiba Inu is one of the cryptocurrencies that benefits from the Ethereum ecosystem's security and innovative features. This cryptocurrency's value and trading volume have skyrocketed in recent months.
- Terra
Terra is another appealing altcoin that has gotten it into the top ten altcoins with the most trading volume. This cryptocurrency is frequently used as a means of payment and trade.
- Solana
Solana has been quite successful at fetching good returns for the investors. Some features of this altcoin that cannot go unnoticed are that of decentralized finance (DeFi), decentralized apps (DApps), and smart contracts – all of this throwing light on how good of an investment this is. No wonder why Solana makes it to the list of top 10 altcoins with the highest trading volume in 2022 so far.