With Bitcoin crossing $64K recently, the focus is back to Layer-1 blockchains like Bitgert, Solana & Ethereum. All have their market niche, but with Bitgert’s recent developments, the crypto engineering project is growing at an extremely fast pace. Let’s compare the abilities of Bitgert, Solana, and Ethereum in terms of price actions, capacity, and popularity on the market.
What you'll learn 👉
Bitgert (BRISE): Fast, Scalable and Economical
One major feature demonstrated by the project is that it is a fast and low-cost blockchain. By utilizing its Brise Chain, Bitgert can process up to 100k per second, indicating that the blockchain is one of the fastest. This makes it possible for it to scale while at the same time cutting on costs compared to both Solana and Ethereum.
Bitgert also has a great community to support it. It launches campaigns such as the Bitgert Hackathon and the Startup Studio Grants that has attracted developers and users. These community initiative projects make sure that there is an active ecosystem and that it is expanding.
Solana: Fast but Faces Challenges
In terms of its performance, Solana is one of the fastest blockchains, outperforming Ethereum in terms of transaction rates. Thanks to the PoH in combination with PoS, Solana is capable of fast transaction processing while the costs of the process are significantly lower.
However, Solana has faced issues with solana network which has led to outages and this is something that has caused people to doubt the ability of the Solana token to sustain value for the long-run. The price of Solana at the moment is around 44% lower than its all-time high, and despite those, Solana constantly puts on a neck-and-neck with some impressive speed figures.
Ethereum: Reliable but Expensive
Ethereum is a blockchain platform and is known for smart contracts and decentralized applications. While Ethereum migrated to Proof of Stake consensus in 2022 which decreased Ethereum energy consumption, high transaction fees are still an issue. This has made Ethereum less suitable than Bitgert and Solana particularly for the small users in the market.
According to the graph, Ethereum’s price is at the moment 44% below its all-time high and the price movements are less volatile but slightly more consistent. Ethereum is still one of the most popular platforms, however, the high fees and the relatively slow transaction speed compared to such platforms as Bitgert and Solana may hinder Ethereum’s further development.
Conclusion
When comparing Bitgert, Solana, and Ethereum, it is quite evident that Bitgert is way ahead with its speed, low cost, and active community. Solana has the same level of speed but experienced issues with the network’s reliability, while Ethereum remains the go-to for smart contracts but suffers from high fees. Because Bitgert has put up with an active community and excellent technology in place; it may boast the strongest patterns of price in the future.
To know more about Bitgert, visit https://bitgert.com. You can grab your own $BRISE today at Bitget, Gate.io, and KuCoin!
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