Key Points:
Solana had made some good recovery over the past two days, where the $SOL price had reached $42, up from $36. However, Solana has pulled back to trade at $39.28 this morning. This is after Solana declined 8.9% at the time of this writing.
Bitgert is one of the crypto projects outperforming Solana in terms of project performance. Blockchain performance is one of the areas in that Bitgert has left Solana behind. Read more about the Bitgert BRC20 chain and why it is a major threat to Solana.
The gas fee and the scalability are two areas Bitgert chain has surpassed the Solana chain. Bitgert BRC20 has become the first blockchain to surpass Solana to be the fastest blockchain in the market. Bitgert blockchain is supporting 100k TPS, which is way faster than the 65k TPS that Solana is offering.
However, it is the gas fee cost that is making Bitgert attract even the Solana investors. Bitgert has a blockchain that offers as little as $0.0000000000001 for the gas fee on every transaction. This is a time when the Solana gas fee has been around $0.00025.
Therefore, Solana has tough competition to beat in Bitgert as long as its gas fee remains higher than what Bitgert is offering.
There are also many Bitgert-backed projects coming up soon, which will grow the Bitgert ecosystem faster than Solana. The Bitgert team says of 1000+ new Startup Studio projects that are coming up in the next 12 months.
Bitgert zero gas fee blockchain remains a major threat to Solana and many other blockchains. With its adoption growing faster, the Bitgert price is also expected to perform very well this year.
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