Vitalik Buterin, co-founder of Ethereum, has pointed out some of the successes in the cryptocurrency industry in 2022, despite it being a challenging year for the sector.

In an interview with Bankless, Buterin mentioned six examples of cryptocurrency networks and entities that have thrived this year, including the Uniswap DEX, the Rai Reflex Index, and Maker’s Dai stablecoin, as well as the Ethereum base layer, the Ethereum Name Service (ENS), and the growth in smart contract wallets.

Buterin also noted increased adoption of Bitcoin and more involvement in cryptocurrency from traditional finance companies such as Visa.

He emphasized the importance of examining the human influence on any cryptocurrency protocol and warned investors to be cautious.