The Vasil hard fork was launched recently, but the Cardano (ADA) price plummeted instead of increasing. However, crypto analysts have been reporting that since the Vasil upgrade, the number of Cardano transactions has been rising fast.
The same goes for the Solana (SOL) project, which has also seen an increase in the number of transactions in its ecosystem. Crypto analysts have also said that Centcex (CENX) and Bitgert (BRISE) are another set of coins that have seen exponential growth in transactions.
For the Cardano chain transactions, the growing number of new projects, including a lot of DeFi and NFT projects, coming into the chain after the Vasil upgrade is one of the reasons transactions are growing rapidly.
The fact that the Cardano Vasil upgrade has made the Cardano blockchain cheaper and faster is another reason more users are transacting on the chain. Therefore, we are going to see Cardano transactions increase in the next few weeks as the number of products on the Cardano chain and users grows.
For the Solana blockchain, the number of transactions started increasing immediately after the Solana – helium partnership was announced. The huge community of Helium holders has been one of the biggest reasons the volume of transactions on the Solana blockchain has increased rapidly.
The growing adoption of the Solana NFT marketplaces and the Solana DeFi are some of the reasons the transactions are increasing. So, we can expect the Solana transactions to increase tremendously over the next few weeks.
The Bitgert (BRISE) and Centcex coins have been some of the most active coins in the market. Bitgert (BRISE) network has posted a surge in the number of transactions over the last few days.
The recent launch of the Bitgert exchange is one of the reasons why transaction on the Brise chain has skyrocketed. There are also many projects in the form of partnerships that have joined the Bitgert chain. All these developments are growing the number of chain users in the market.
On the other hand, the Centcex (CENX) is one of the coins that did so well in the market in the last few weeks. Since the launch of the Bitgert Swap, the number of transactions in the Centcex ecosystem has also surged.
So, apart from Cardano (ADA) and Solana (SOL), Bitgert and Centcex projects are also experiencing a transaction surge.
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