Ethereum cannot be said to have performed very well this year. The coin performance has been dismal over the past six months, with the price dropping 58% from ATH at the time of this writing. This is a huge loss of value for a big coin like Ethereum.
However, Ethereum's dropping price has not been entirely caused by the bad market but also by the performance of the Ethereum blockchain. The high gas fee has been the major limitation that Ethereum is struggling with even today. According to crypto analysts, Ethereum transaction volumes have been dropping as a good number of Ethereum holders have stopped transacting due to the high gas fee.
But this problem might be solved by the Ethereum upgrades the team is undertaking right now. The Ethereum Serenity upgrades are in the second phase after the successful first phase delivery. The upgrades include moving the Ethereum mainnet from PoW to PoS and making the Ethereum chain a multichain by sharding.
This will make Ethereum blockchain faster and reduce the gas fee. Once the Ethereum team achieves this, then the Ethereum project will start making some good growth. But Ethereum will still need to do better to beat Bitgert (BRISE), one of its biggest rivals in the industry.
Crypto analysts say that Bitgert has the potential to do 100x because of the massive developments coming and the fast pace at which the Bitgert project is being delivered. Here is more about the Bitgert project.
The crypto community believes that Bitgert will do 100x because of the massive developments coming up. But the already completed development will also be critical in this growth. The Bitgert BRC20 blockchain, which is the only gasless chain in the world, will remain the most adopted blockchain in the industry. The gas fee on the Bitgert chain is $0.0000000000001. Bitgert chain speed is 100k TPS, making it the fastest chain today.
The mass adoption of the Bitgert chain will keep the price bullish. But there are more disruptive projects in the Bitgert roadmap V2, and their adoption is going to skyrocket Bitgert price. They include a Bitgert CEX, an NFT marketplace, and there will also be a Bitgert Web3 Oracle.
The hundreds of new Bitgert backed projects from Bitgert Startup projects are joining the chain. The Centcex team is adding more products to the Bitgert ecosystem. All these are developments that crypto experts say have the potential to grow Bitgert 100x.
The bottom line is Ethereum will make slow progress, but Bitgert has the potential to explode 100x. This makes Bitgert an ideal crypto investment today.
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