Why Solana Price isn’t Increase Even Though the Market Seem to Recover

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Market Trends
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The Bitgert project is killing Solana with its gasless and fastest BRC20 blockchain

Key Points:

  • Solana ecosystem's slow growth is a big problem
  • Solana chain speed got surpassed by Bitgert
  • Bitgert competition could be the reason

The crypto market is currently enjoying a breather, and most of the coins have made some good recovery. But some like Solana have not made a good recovery as was projected. The Solana coin has been slow and has been left behind by most of its competing coins, like ADA and XRP. What could be causing the slow growth of the Solana coin?

Well, a number of things could be causing the Solana price growth to slug. First is the issue of the Solana ecosystem growth. The growth of the number of products and projects in the Solana ecosystem, especially DeFi, has been slow. This is compared to the Solana competing projects like Cardano and Ethereum. This has greatly reduced Solana's adoption, and the impact has been slugging Solana's growth.

The other big problem that is causing the Solana growth to slow is the tough competition the coin is getting from the likes of Bitgert (BRISE). Solana was popular because of its fastest chain, but Bitgert has now launched a faster chain than Solana. The Bitgert project is killing Solana with its gasless and fastest BRC20 blockchain. In fact, Bitgert is now attracting Solana holders. Here is more about Bitgert:

Bitgert

The Bitgert hype is growing exponentially because of the fast-growing ecosystem. In fact, the Bitgert ecosystem ranks among the fastest-growing in 2022. But the coin is killing Solana with its disruptive products and projects, making it an ideal platform for developers and the perfect investment for crypto investors.

The Bitgert team has built the BRC20 blockchain, which is a cheaper and faster chain than Solana. At 100k TPS and $0.0000000000001 gas fee, Bitgert chain has surpassed Solana chain performance. The Bitgert BRC20 adoption is now bigger than Solana, which is why Solana is experiencing slow growth.

In addition to chain performance, Bitgert is currently a more attractive crypto investment than Solana. Bitgert has the potential to increase 100x, which Solana may not reach, because of the massive developments coming up. Among the big Bitgert developments is the roadmap V2, which brings more disruptive DeFi, NFT, and Web3 products into the Bitgert ecosystem.

The Bitgert CEX is already in the advanced stages of development. Bitgert NFT marketplace and the Web3 Oracle are some of the upcoming products. The Bitgert team is bringing 1000+ projects to the ecosystem, while the Centcex team is adding multiple products in the next few months.

In conclusion, Solana has many factors slowing its growth, but the Bitgert competition is a major concern. Like crypto analysts have been saying, Bitgert might be the Solana killer.

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