Table of Contents
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What is Solana?
Unique Features of Solana:
- Scalability: Solana is designed to address the scalability limitations commonly associated with blockchain networks. Its architecture employs a combination of technologies like Proof of History (PoH), Tower BFT consensus algorithm, and Parallel Processing, enabling it to process thousands of transactions per second.
- Fast Confirmation Times: Solana achieves incredibly fast confirmation times by leveraging its PoH mechanism. Each transaction is assigned a timestamp, creating a historical record that enables validators to quickly reach a consensus on the order and validity of transactions.
- Low Transaction Fees: Solana aims to provide cost-effective solutions by keeping transaction fees low. Its efficient architecture, coupled with its scalability features, allows for economic transaction processing, making it an attractive option for users and developers.
- Ecosystem and Developer-Friendly: Solana is focused on fostering a vibrant developer ecosystem by providing comprehensive tools, libraries, and documentation. Developers can easily build and deploy decentralized applications (dApps) on Solana, taking advantage of its high-speed and scalable infrastructure.
- Interoperability: Solana is designed to be interoperable with other blockchains and protocols, facilitating seamless integration and communication between different blockchain networks. This feature enables Solana to interact with various decentralized finance (DeFi) platforms, allowing users to access a wide range of services and applications.
- Robust Security: Solana incorporates advanced security measures, including decentralized network validators, cryptographic techniques, and smart contract audits, to ensure the integrity and safety of the platform.
Latest News On Solana
- Solana has recently partnered with Dialect, a Web3 messaging app that has gained massive recognition post the apps leveraging Solana’s NFT compression capabilities.
.@saydialect, a messaging platform on @Solana, has quickly gained popularity by leveraging the platform’s #NFT compression capabilities.
With a high retention rate and new partnerships, Dialect showcases the potential for consumer applications within the Solana ecosystem. pic.twitter.com/Duo4fO5utK
— Messari (@MessariCrypto) June 6, 2023
- The Solana Foundation has recently launched an NFT pitch competition, where participants will be able to bring their business ideas to life!
Annnd action! 🎬
The @SolanaFndn NFT Showdown submission window is officially open! You have until Friday at 11:59pm PT to get your pitches in. Submit here 👇 https://t.co/C7NhnapITR
— Solana (@solana) June 5, 2023
Solana vs Bitgert: Comparative Analysis
Solana | Bitgert | |
Launch Date | 2020 | 2021 |
Founder | Anatoly Yakovenko and Greg Fitzgerald | – |
Blockchain Protocol | Solana Protocol | Bitgert |
Native Token | SOL | BRISE |
Token Type | Native | BRC-20 |
Market Capitalization |
$8,000,000,000
|
$96,000,000
|
Circulating Supply |
398,188,070.99 SOL
|
395,688,215,721,653 BRISE
|
Max Supply |
NA
|
1,000,000,000,000,000 BRISE
|
Consensus Method | Proof of History | Proof Of Authority |
What is Bitgert?
Bitgert (BRISE) is a BEP-20 token built on the Binance blockchain, claiming to be the biggest alternative to DEX, Pancakeswap. Launched in July 2021, the project specializes in blockchain products and auditing solutions. Other than these, the platform offers BRISE dApp wallet, BRISE Staking, BRISE Swap, and Bitgert Bridge.
Unique Features of Bitgert
- The platform offers near-to-zero gas fees and high-speed cross-chain transactions functioning on Bitgert Chain (BRC-20), offering users BUSD as rewards instead of BNB.
- BRISE Bridge is the main gateway to the entire ecosystem that allows users to send, receive, store, and swap crypto assets within a secured environment
- Brise Chain directs 5% of every translation fee as buyback, 3% for marketing, and 4% for staking rewards.
- The BRISE wallet is said to be fully decentralized, where the buyers and sellers interact directly and carry out transactions quickly with zero fees.
Latest News On Bitgert
- Bitgert Ventures, which is a prominent investment firm with a keen interest in innovative and promising projects, announced a strategic investment of a whopping $2.1 million in MuratiAI. With this, the platform is said to be aiming to transform the visual industry and revolutionize the creation of anime videos by inculcating the power of artificial intelligence (AI).
Read On: Shiba Inu vs Bitgert
Solana price prediction
Source: TradingView
- The SOL price today is running at $18.97, with a 24-hour trading volume of $396,000,000. The SOL price has seen a dip of about 5.18% in the last 24 hours. The market cap of SOL is standing at $8,000,000,000 as of June 8, 2023.
- Since the start of June 2023, the SOL price has started to dip to its resistance level of $18 and may soon see an upward trend, looking back on the recent price activities and reach $20.
- If the asset succeeds with the bearish influence for Q3, the trend may again intensify and spark up a rebound. This may influence prices may reclaim positions above the $40 level by the end of Q3, 2023.
Read More: Solana Price Prediction
Bitgert price prediction
Source: TradingView
- The BRISE price today is running at $0.0000002442, with a 24-hour trading volume of $4,000,000. The BRISE price has seen a dip of about 4.40% in the last 24 hours. The market cap of BRISE is standing at $97,000,000 as of June 8, 2023.
- Despite the bullish push, BRISE has been keeping its value within the bear range following May and the BRISE price is believed to utilize all its strength and close the trade on a bullish note by June end.
- The BRISE price has the possibility of initially reclaiming the levels above $0.00000035 by the beginning of Q4 and even maintaining a healthy upswing to close 2023 at $0.00000055.
Additional Read: Bitgert Price Prediction
How to Invest in Solana & Bitgert?
Investing in crypto is super simple, safe, and secure with the CoinDCX app. It does not matter whether you want to buy SOL or wish to trade BRISE today; we have got you covered.
Here are the 4 simple steps to buy your first SOL or BRISE with CoinDCX.
- Sign up on CoinDCX
- Complete your KYC
- Link your bank details
- Buy Solana (SOLO) or Buy Bitgert (BRISE)
FAQs
Bitgert has been making a name of its own as being the Solana killer with its low fees and auditing solutions. However, the token is set to be chosen upon the investor’s choice of tokens. It is imperative to choose any token after thorough research. Solana, as a crypto asset, is unique in its own way. With lower fees and auditing functionalities, Bitgert is, however, making a good name as a Solana killer in the crypto space. According to crypto experts, BRISE has the capability of overpowering the SOL blockchain.Is Bitgert a good investment?
Which coin will replace Solana?
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