As of last year, DeFi had a value of over $200 billion, making staking one of the most profitable ways to produce passive income and reap the rewards of your investment. According to a simple analogy, it’s like having interest-earning savings account with a bank — except that it pays out between 5 and 30 percent, with specific crypto platforms paying out as much as 100%.
If you’re a cryptocurrency trader, you know that staking is a common strategy when the market is shaky. You do not want to take a chance on losing your money. The following are five of the top tokens to stake in 2022.
Why is most in-demand for investors?
Institutional investors are increasingly turning to cryptocurrency staking for a variety of reasons. To put their money to work, many long-term investors view staking as an alternative to keeping it in their wallets, where it would be accumulating dust. Your blockchain operations will be more secure and prosperous if you stake your coins. Staking increases the blockchain’s resistance to attacks and its ability to perform transactions. The “governance tokens” were given to staking participants to let them vote on future protocol updates and improvements.
Top five best staking cryptocurrency projects to look out for in 2022
Let’s look at the few most cryptocurrencies for you to stake in 2022.
Terra (LUNA)
Stablecoin Terra (LUNA) has attained an all-time high TVL (total value locked) across its 13 product offerings of $20,05 billion, according to industry figures. On December 1, Terra’s TVL was $11.9 billion, a 68% increase in less than a month. Platform users are pouring a lot of money into the network to reap the advantages of staking, as seen by this activity.
Terra’s native token, LUNA, is also quickly increasing in value, now trading at about $90, a rise of over 12,000 percent from its low of $0.7 in January 2021. Currently, the coin is valued at $34.8 billion, making it one of the ten most valuable cryptocurrencies in the world today. In addition, LUNA comes in at about 12.10 percent in terms of annual staking yield, making it one of the best cryptocurrencies to invest in.
LUNA 2025 price prediction
The LUNA network provides low fees, logistical support, and storage for Dapps and stable currencies to get off the ground and grow. The price might rise to $356.31 by the end of 2025, attracting many investors. If the market collapses, the price might decrease by half to $298.81.
EOS (EOS)
Our list of the greatest staking cryptos includes EOS for several reasons:
- It is a very successful currency that leverages the PoS approach like many other sites.
- The basis for decentralized applications that are easy to use, simple, and fast is included.
- EOS is ranked 26th in terms of market capitalization, with a value of $2.5 billion.
- The annual dividend of 1.76 percent from holding EOS might help you earn a good profit.
EOS 2025 price prediction
EOS initiatives that focus on education, outreach, and innovation may reach a maximum price of $6.8. To put it another way, in a long-term scenario, EOS predicts that by 2025, it will have caught up to other cryptocurrencies and be valued at $6.3 on average. The minimum price is expected to be $5.2 in the second half of 2025. Our EOS forecast assumes that EOS will be a well-known cryptocurrency in a year based on its present performance.
PancakeSwap (CAKE)
CAKE tokens may be staked on PancakeSwap, a popular and amusing staking site. Staking your CAKE coins will allow you to earn more CAKE or other currencies in the long run.
Binance Smart Chain’s transaction fees are lower than competing platforms like Ethereum. After you’ve earned rewards, you may either collect them or reinvest them in PancakeSwap. With annual returns ranging from 31 to 42 percent, the CAKE coin is among the best staking currencies in the crypto market today.
CAKE 2025 price prediction
CAKE’s mission is now to make a lasting impression on this ecosystem, having revolutionized the whole global page of transactions. According to specific projections, CAKE will be riding the bull market by 2025. PancakeSwap (CAKE) may reach an all-time high price of $67 shortly. To prove its stability, PancakeSwap now seems to be rushing to break another record.
Shiba Inu (SHIB)
It was designed to exceed Dogecoin’s growth while maintaining a price below $0.01. SHIB is seen as a valuable asset by many cryptocurrency investors who want to add it to their holdings. The ShibaSwap exchange provides SHIB with a significantly larger utility since token holders may now stake and farm their tokens. Since the initial supply of SHIB was coined at the time of launch, Shiba Inu is unique in that it functions on Ethereum (currently PoW), yet the token can’t be mined.
To represent their original SHIB holdings, holders of SHIB currencies may stake them on ShibaSwap, and staking rewards include BONE tokens and 0.03 percent of the exchange’s ETH swap transaction expenses.
SHIB 2025 price prediction
SHIB has a huge potential; with the right partnerships and developments, the number of users and adoption might skyrocket. Because Shiba Inu is so sought after, the price is sure to soar. By the year 2025, it might be worth up to $0.00010487. The SHIB is likely to turn around a bit if the market collapses.
Solana (SOL)
Scalability and efficiency were crucial considerations while developing the Solana blockchain. SOL is a scalable platform because of its cheap pricing and speedy transactions. Also, because of its quick transfers and minimal fees, SOL is one of the most significant staking currencies. All but the minor purchases are made within seconds. Node control is not possible on the Solana network, although there are over 640 validators that will accept stakes.
You’ll be able to share in the rewards Solana validators get when you delegate your stake to them. SOL coins have performed well over the previous few months, reaching an all-time high of $210 per coin. If you put your money into Solana, you may expect an annual return of between 7% and 11%.
SOL 2025 price prediction
Solana may also see some cloudy days with government rules and regulations changes. As long as the price of the Solana brand stays at $440, it should be able to maintain its position rather than drop. SOL’s price is expected to rise to $510 in 2025. Solana is expected to grow dramatically in the coming years. The pricing outlook for Solana is good.
Final thoughts
Cryptocurrency staking may be a substantial source of revenue if done correctly. However, the return you get from staking depends on the number of coins you possess. To ensure that your currency is chosen fast as the next block validator, stake a stable and long-lasting currency. POS is also ecologically friendly, making the staking process more long-lasting.
Because of this, the staking sector will eventually grow, and many individuals will migrate from mining to staking. However, there is a substantial danger associated with even the most valuable staking coins. Consequently, caution is often emphasized when investing, along with a comprehensive examination of all factors.
Comments