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- Industry
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Bitgert has just completed its blockchain testnet, making it one of the first in 2022 to achieve this milestone. Now the team can go ahead with the development of the gasless blockchain. This will up its competition with Solana immediately after the zero-gas fee blockchain starts taking shape. Other cryptocurrencies like Cardano, Centcex, and others are also doing better. Read more below about these cryptocurrencies and what's happening:
In the first week of February, Bitgert announced the beginning of the testnet development. According to the latest news by the Bitgert team, the testnet has been completed. This means the team will start with developing the widely anticipated zero gas fee Bitgert blockchain. This is the only blockchain in the market that is not charging for gas. The Bitgert team is also in the advanced stages of CEX development, with the beta version of the exchange expected by the end of this February. There are also over 10 products coming in 2022, including the Bitgert metaverse product.
The Centcex crypto project is doing well in the current bull market. It is one of the cryptocurrencies posting huge growth percentages at the moment. On the development of the products, Centcex is also doing well. Though the Centcex project started 2 months ago, the team is already in the advanced stages of developing the first product. The Centex exchange has the UI and also the Database structure completed. Therefore, Centcex is doing better in both the market prices and the products development.
The Solana development team has delivered an incredible product recently, the Solana Pay. This is a powerful payment system that will increase the number of network users. The other thing the team has done is launch the widely anticipated Solana Riptide Hackathon that will extend up to mid-March. The objective is to bring more projects to the Solana network. The development team is meeting with NFT and DeFi developers during the hackathon. On the charts, SOL is also one of the best performers.
The current charts show that Cardano is one of the best performers as of this morning. With a 6% increase in 24 hours and an 18% increase in 7 days, Cardano is topping the list of best performers of the day and week. But there are also developments on the Cardano network. The team has been working on smart contracts (Plutus) and wallets to enhance their performance. But the biggest thing the crypto community is waiting for from Cardano is the Hydra upgrade, which is coming up soon.
The Avalanche performance during the bull market is incredible. In fact, Avalanche has among the top best-performing cryptocurrencies looks as if it might continue surging even further. With the 9.7% increase in 24 hours and 32% price surge in 7 days, Avalanche is definitely one of the skyrocketing cryptocurrencies at the moment. The anticipated addition of more scaling solutions on the Avalanche protocol is expected to keep it as the fastest smart contract in the market. It is a crypto coin to keep an eye on in 2022.
The growth that Matic has gotten from the current bull market condition has proven that Matic is one of the cryptocurrencies to watch. Although Shiba Inu has reclaimed the position to push Matic back to #15, it is still one of the cryptocurrencies to watch in 2022. At the time of this writing, Matic has recorded an increase of 11% in just 24hrs and 22% in the last 7 days. That's how bullish Matic has been in the last few days. With Polygon network still attracting more developers and improving network scaling, this will be one of the cryptocurrencies to watch in 2022.
There are so many reasons why Litecoin has been doing so well in the market. One of them is the bull market that has skyrocketed the prices of all the major cryptocurrencies. Litecoin has just increased 7% in the past 24hrs and 24% in a week at the time of this writing. But the launch of the biggest protocol upgrade by the Litecoin team in 10 years, MWEB, is also playing a significant role in a bullish Litecoin. There are more products and LTC adoptions coming up soon.
