The cryptocurrency market is witnessing a surge of interest from investors who are looking for alternative ways to diversify their portfolios and hedge against inflation. Among the many options available, three projects stand out for their recent performance and potential: Arbitrum, Solana, and Bitgert.
Elevating Crypto Horizons: Arbitrum, Solana, And Bitgert's Unconventional Rise
Solana, Arbitrum, and Bitgert each offer different value propositions and use cases for investors who are interested in the crypto space.
Solana:
Solana is a high-performance blockchain that claims to offer fast, low-cost, and scalable transactions. Solana uses a novel consensus mechanism called proof-of-history, which timestamps transactions before they are ordered by the validators. This allows Solana to process up to 50,000 transactions per second, compared to Ethereum's 15-30. Solana also supports smart contracts, decentralized applications, and interoperability with other blockchains. Solana's native token, SOL, has been one of the best-performing coins in 2021. Solana’s SOL rose from $1.51 at the start of the year to $69.35 as of August 16, 2021. Solana witnessed an increase of over 4,400%. Solana has a market cap of $19.3 billion and a circulating supply of 278 million Solana tokens.
Arbitrum:
Now that we have spoken about Solana let’s look at Arbitrum, Arbitrum is a layer-2 technology for Ethereum that boosts performance. Arbitrum also enables scalability, and affordability of smart contracts and decentralized applications. Arbitrum uses a method called optimistic rollup, which lets transactions run off-chain and only occasionally sends them to the main chain. This Arbitrum solution helps lowering congestion and costs. Arbitrum also supports full compatibility with Ethereum, meaning that any existing smart contract or dapp can be deployed on Arbitrum without any code changes. This makes Arbitrum more attractive for developers and users. Arbitrum launched its mainnet beta on August 31, 2021. The Arbitrum network has already attracted over $2 billion worth of assets locked in the Arbitrum platform.?
Bitgert:
Alongside Arbitrum and Solana, let’s assess Bitgert. Bitgert is a blockchain platform renowned for its exceptional speed and fee-free transaction system. Launched in July 2021, Bitgert stands out with its negligible transaction fees of $0.00000001 and Bitgert’s remarkable capacity to process over 100,000 transactions per second (TPS). This made Bitgert one of the swiftest in the market. Bitgert's ecosystem has rapidly expanded to include DeFi, NFTs, and auditing solutions. Bitgert started on BNB's blockchain and later shifted to its BRC20 blockchain for reduced fees. Bitgert’s zero-cost transactions are made possible by its Proof of Authority consensus, EVM-compatible smart contracts, dual-chain communication, and on-chain governance. Bitgert offers products like Bitgert’s BRISE DApp Wallet, Bitgert’s BRISE Swap, Bitgert Bridge, and Bitgert’s BRISE Staking, attracting over 900,000 transactions and 250,000 users. Notably, Bitgert’s BRISE allows 100 million transactions with just $1, positioning Bitgert as a compelling and efficient blockchain solution.
Bitgert's upcoming P2P exchange launch is expected to boost its adoption and demand, as well as Bitgert’s price. Bitgert's price was $0.000000219107 as of August 16, 2021, an increase of over 35% from its all-time low of $0.000000000616584 on September 9, 2021. Bitgert has a market cap of $87 million and a circulating supply of 400 trillion BRISE.
Solana, Arbitrum, and Bitgert each offer different value propositions and use cases for investors who are interested in the crypto space. Arbitrum provides a solution for Ethereum's scalability issues, Solana offers a fast and cheap alternative to Ethereum, and Bitgert delivers innovative products and services for the crypto community. Visit Bitgert.com to learn more about Bitgert.?