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Cryptocurrency4 hours ago (Jan 03, 2022 08:00PM ET)

3 reasons why Phantasma (SOUL) is chasing after new all-time highs

Nonfungible tokens and blockchain-based gaming projects saw a breakout in popularity over the course of 2021. This was due to their widespread appeal which attracted the attention of crypto newbies and experienced hodlers alike. This trend helped to further initiate the mass adoption of blockchain technology and from the look of things, its likely to extend throughout 2022.

One project is making moves in 2022 is Phantasma (SOUL), a layer-one blockchain protocol that specializes in the creation of SmartNFTs and decentralized gaming applications. Its prices reflect that it’s about to make a run for a new all-time high.

SOUL/USDT 1-day chart. Source: TradingView
Interest in NFT searches over time. Source: Google (NASDAQ:) Trends

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