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Why Solana Will Outperform Bitcoin (Again) in 2022


Bitcoin (CRYPTO: BTC) has taken up most of the conversation in cryptocurrency for more than a decade, and it's the biggest cryptocurrency by market cap today by a wide margin. But smaller coins like Solana (CRYPTO: SOL) are starting to eat into that lead, and Solana's 10,970% gain in 2021 far exceeded Bitcoin's 57.6% rise.

However, the competition between Bitcoin and Solana isn't exactly for the same space in the crypto economy. Bitcoin is increasingly being thought of as digital gold or an inflation hedge. Solana is a cryptocurrency built for low-cost, high-speed transactions, making it more of a utility coin. And these differences are why I think Solana will outperform Bitcoin again in 2022. 

Image source: Getty Images.

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Source Fool.com

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