Renowned analyst and trader Austin Arnold shares six crypto assets that are set to explode this year.
Addressing his 1.8 million YouTube subscribers, Arnold first addressed Solana (SOL).
“Solana has had a lot of success in the last 9-12. I think this momentum will continue for the next 9-12 months.”
Arnold said the Phantom Wallet is one of the biggest factors in Solana’s continued growth. The app currently has over 10 million users.
Another crypto that the analyst uncovered was Polkadot (DOT):
“Considering that companies trying to acquire Polkadot Parachains, between $4 and $44.5 billion in DOT are likely to be locked in for about two years. This alleviates potential selling pressure.”
Another crypto on Arnold’s list, Cardano (ADA), said there is no reason why it shouldn’t have big gains in 2022, given its operations in 2022.
Arnold, who moved to Polygon (MATIC) after Cardano, said he thinks MATIC will continue to win in 2022.
“I think MATIC’s momentum will continue in 2022”
Arnold thinks Chainlink is also set to explode in 2022, although it failed to meet the expectations of many traders.
Finally, Arnold addressed Awe (AAVE):
“Away is gaining momentum when we consider ecosystem-focused development”
