Coming into 2024, the major Layer-1 blockchain players include Bitgert, Solana, and Binance. Let's take a closer look at these contenders and explore why Bitgert might be the dark horse to watch.
Bitgert leads with 100,000 TPS and zero gas fees against Solana's 65,000 TPS and Binance's 1,400 TPS. Such efficiency from the blockchain could be the catalyst to ensure mass adoption of Bitgert and thereby increase in price in 2024.
Solana has a fast proof-of-history (PoS) mechanism but has suffered network outages; Binance is more reliable but may be unable to keep pace with the rate of innovation like Bitgert.
The block time is 15 seconds, making Bitgert expedient and, as such, attractive for dApps requiring fast finality—a trait its competitors do not have. That is the secret to a probable appreciation of the price of Bitgert.
Bitgert was witnessed to be up by 290.40% from its September 3, 2024 low. Comparatively, Solana jumped 35.04% on September 15, and Binance Coin appreciated by 13.65% on August 29. Bitgert posted a steady 12-day uptrend at the start of September, correcting above those rivals' volatile trends.
Technical analysis reveals that the bullish MACD crossover on September 20, 2024, shows more momentum for Bitgert against the flat trajectory of both Solana and Binance.
At the same time, the expansion of the ecosystem by means of Bitgert's Startup Studio makes products low-cost and high-speed, thus attracting more developers to the platform. Such a demand for tokens might outcompete Solana and Binance in 2024.
Although Solana does boast an extremely robust marketplace for NFTs and major DeFi applications, Bitgert's products may soon catch up with it and give it a run for its money. Although Binance indeed boasts an impressively large ecosystem, it may be seriously rivaled by the efficiency of Bitgert's infrastructure.
Pragmatic and focused on real-life applications, Bitgert's case—let us say PayBrise—means an answer to some current market needs. It can be adopted faster than general-use blockchains, such as Solana or Binance.
Bitgert has a low market cap, giving better room for upside compared to Solana and Binance. Because of the technological advantages, the risk/rewards could be more favorable with Bitgert if it can see wider adoption.
Solana's past network issues and Binance's regulatory challenges are probably less attractive to investors who seek a stable and evolving platform.
The combination of speed, almost non-existent gas costs, and an expanding ecosystem makes Bitgert a potential disruptor in the market during 2024. Though Solana and Binance have many strong suits, this innovation approach, combined with more significant growth potential for Bitgert.
As such, investors should look keenly into the development milestones, forward-growing initiatives, and rates of adoption of the token. In the event that Bitgert continues to maintain its lead in technology, there is no doubt that it might appreciate and override both Solana and Binance.
Buy $BRISE on Bitgert website today. Visit bitgert.com
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