It will take a substantial shift in the blockchain community for DeFi to gain widespread acceptance. In an attempt to improve the scalability of blockchain networks, yield high returns, and transaction processing speed, coins like Solana and BNB were introduced.
But after reaching a certain scale, Solana and BNB’s revolutionizing pace has slowed down a little.
And like any other market, in the crypto market also, new players emerged to fill the gap. Bitgert $BRISE is thought to be one such coin to be suitable for a high yield in 2024. But does Bitgert have the potential to outpace BNB and Solana? Let’s analyze.
Solana is an open-source project that uses a speedy, permissionless L1 blockchain. The Solana protocol is built upon the proof-of-history (PoH) protocol. PoH is dependent on PoS and is achieved by employing the Tower Byzantine fault tolerance (BFT) algorithm, which is an improved version of the practical Byzantine fault tolerance (pBFT) protocol.
Solana is also the hub for NFT marketplaces and mints. However, Solana’s reputation isn’t great due to its large memecoin market share and frequent outages. Solana’s value and market capitalization have surged by billions due to its capacity to generate hundreds of millions.
The decentralized, open-sourced BNB (Binance) Chain ecosystem is driven by the community. BNB is the biggest crypto exchange in the world in terms of trade volume. In addition to executing consensus procedures and employing EVMs, the BNB Smart Chain can serve as a hub for several chains.
BNB coin, which is kept on the BNB Chain, powers Binance’s decentralized and centralized product ecosystem. While other crypto coins intend to be open, BNB is much more limited because it is connected to Binance’s products and ecosystem.
Bitgert entered the market to provide scalability and improve the blockchain ecosystem in contrast to Solana and BNB. Bitgert is being heralded as the next big thing in crypto words. Bitgert combines the PoA consensus to provide computational simplicity, scalability, and lightning-fast performance. Bitgert’s 100k TPS transaction rate is substantially faster than Solana and BNB. Moreover, Bitgert’s almost zero gas fee attracts users to enter the Bitgert network.
Bitgert $BRISE is based on a strong and well-studied BRC-20 token standard. BRC-20 offers more diversity and flexibility in protocol creation. Bitgert works only with Ethereum, Brise Chain, and BSC. Using manual burning and buybacks, Bitgert controls its prices using a deflationary manner.
So, analyzing the market trajectory of Solana and BNB coins, crypto traders are now looking for even better answers as Solana and BNB have reached a breaking point. At this point, Bitgert will undoubtedly rise to even greater heights as more and more projects are added to it. So, being a witty investor, you can also invest in Bitgert keeping aside Solana and BNB, and take advantage of its bullish run!
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Back into Spotlight: Tron Network Fee Cut Could Push TRX to ATH, But This DeFi…
Shiba Inu (SHIB) gave enormous returns in 2021, making many early holders millionaires. After the…
Spooky season might be over but doom is still looming as Ripple’s XRP falls below…
Three promising altcoins are causing a stir among investors this November: Avalanche (AVAX), Cardano (ADA),…
Everyone knows what the hottest crypto can do. When it was so hot it was…
The Tron network has witnessed incredible growth in several areas, especially in its adoption, which…