The Bitgert is also talking after Cardano in building a powerful DeFi ecosystem

Key Points:

• Cardano DeFi ecosystem is expected to explode this year as the Cardano Smart contracts take root in the industry
• Bitgert DeFi ecosystem is expected to outgrow its competitors due to powerful smart contracts and BRC20 blockchain

Since the Cardano team launched the chain's smart contract functionality, the Alonzo hard fork, the number of dApps has grown tremendously. This includes the huge collection of the DeFi projects joining the Cardano blockchain. The number is growing every day, which is making Cardano DeFi among the fastest-growing in the crypto industry.

Among the DeFi projects on the Cardano chain already doing well are SundaeSwap, Genius Yield, Ardana, OccamFi, Meld, and many other DeFi projects. What's interesting is the huge number of DeFi projects planning to launch on the Cardano chain. The growth of the Cardano DeFi is also evident from the Cardano TVL, although it has been dropping lately.

According to Cardano founder Charles Hoskinson, many DeFi projects are waiting for the Vasil hard fork launch this June. Therefore, we are likely to see the Cardano DeFi ecosystem explode immediately after this hard fork launch.

The Bitgert (BRISE) is also talking after Cardano in building a powerful DeFi ecosystem. Bitgert has already launched a good number of DeFi projects on its chain so far. The zero gas fee Bitgert BRC20 blockchain and the powerful BRC20 smart contracts are factors attracting DeFi projects. Although a number of Bitgert DeFi projects are growing fast, which is evident from the expanding Bitgert TVL, more are coming up.

The Bitgert roadmap V2 has a large number of DeFi products coming up, including the Bitgert Paybrise and the Bitgert CEX. There are also over 1000+ projects from the Bitgert Startup Studio joining the Bitgert chain. A good number of these Bitgert backed projects are DeFi projects and will have a big impact on the Bitgert Defi ecosystem growth.

Therefore, Both Cardano and Bitgert projects are on the watchlist of the fast-growing DeFi ecosystem. Both Cardano and Bitgert have already laid out plans to grow their DeFi ecosystem by developing better platforms for DeFi developers than Ethereum. We are likely to see the Ethereum chain chopped off some of its DeFi projects by Bitgert because of its EVM compatibility. Bitgert chain's high interoperability might also enable it to attract some of the Cardano projects. Therefore, Bitgert stands to have the fastest-growing DeFi ecosystem, mainly because of its zero gas fee BRC20 blockchain.