As Cardano (ADA) continues its upward trajectory, driven by upcoming technological improvements and an expanding ecosystem. Cardano’s price is expected to climb steadily in the coming months. However, a rising competitor Bitgert ($BRISE) is attracting attention because of its potential to outshine Cardano in the long term. Let’s dive into the factors driving Cardano’s price growth and why Bitgert may be the competitor to watch.
Cardano: Poised for a Price Surge
Cardano has made significant progress in 2024, with key advancements in Cardano’s technology and ecosystem that are expected to push its price upward. The much-anticipated Hydra scaling solution of Cardano is designed to vastly improve Cardano’s transaction throughput and lower fees.
Cardano’s market cap remains robust, currently sitting at $12.54B billion, with many analysts predicting ADA could reach $0.80 by the end of 2024. Additionally, Cardano’s proof-of-stake (PoS) consensus mechanism, which prioritizes energy efficiency, keeps attracting developers and investors. However, while Cardano’s methodical growth is promising, it pales in comparison to the rapid acceleration seen by Bitgert.
Bitgert: A Rising Competitor to Cardano
While Cardano is preparing for a price surge, Bitgert ($BRISE) has emerged as a fierce competitor in the Layer-1 blockchain space. Bitgert is Known for its exceptional transaction speed (100,000 TPS) and near-zero transaction fees ($0.0000001 per transaction). Bitgert has positioned itself as a blockchain optimized for scalability and cost-efficiency. These features give Bitgert a significant advantage, particularly for decentralized finance (DeFi), NFT marketplaces, and high-frequency transaction applications.
Bitgert’s ecosystem is growing rapidly, with decentralized exchanges (DEX), centralized exchanges (CEX), and various applications such as BitgertSwap and PayBrise. Unlike Cardano, which has taken a more deliberate and research-based approach, Bitgert is focused on fast-paced innovation.
Why Bitgert Could Be the One to Watch
Though Cardano’s price climb is highly anticipated, Bitgert’s rapid development could make it the blockchain to watch in 2024 and beyond. Bitgert’s ability to process 100,000 transactions per second at almost zero cost makes it an attractive alternative to Cardano for developers and users seeking scalability and efficiency. This is especially important for industries like DeFi, where transaction speed and fees are critical factors.
Additionally, while Cardano focuses heavily on academic rigor and peer-reviewed development, Bitgert’s agile approach is allowing it to quickly scale its ecosystem and attract users. If Bitgert continues to innovate at its current pace, it could challenge Cardano’s position in the market and potentially outperform ADA in the long run.
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Step 1: Register on the exchange
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For more info, visit bitgert.com.
