Solana dominated 2021 with its proof of competition against Ethereum and giving investors massive profits starting from $1.5 in January 2021 and peaking at $259.90 in November of the same year. Thanks to its lower gas fees, faster transfer rates and the power to solidify NFTs, Solana has been a go-to blockchain for developers and artists. Naturally, such technology will gain rivals; one of which is Bitgert – a blockchain that provides zero gas fees. That’s right, it’s possible to do crypto transfers without gas.
After the BRISE token was released in September 2021, early investors earned an astonishing 204,636.8% ROI – making it one of the most successful ICOs to date.
So, how does it exactly compete with Solana and other similar projects? Will it fair better than the others in the long run? Let’s check out Bitgert and how it compares to other blockchains.
Disclaimer: this article is not financial advice
What is Bitgert
Bitgert (BRISE BRC20) may look like the usual blockchain project: faster rates and minimum gas fees. However, it set the fastest blockchain speed in the market: 100,000 TPS – beating the previous record of Solana’s 65,000 TPS. Most of all, it does what no other project has proven before: zero gas fees.
With setting a new record for transaction speeds and giving users zero headaches for additional fees, BRISE set up a new standard for blockchain transfers. With these simple proven works, it’s no wonder the investors are buying the coin.
What This Means for Solana
While Bitgert is not listed in major crypto exchanges like Binance and Coinbase (yet), those who dwelled in other platforms like Pancakeswap, Bitmart and MEXC got the chance for unbelievable profits after BRISE’s all-time high of $0.00000184 on March 7, 2022.
As for Solana, they will need to step their game up if it means Bitgert shows up in major exchanges and become the next technology for NFTs. Yet, Solana still retains the number two spot for fastest TPS – still not bad, especially since developers behind Solana are constantly active and transparent with their community.
What About Other Altcoins
BRISE’s rise in popularity makes a tough rival for Solana but an even tougher rival for the ones that Solana passed. These include Cardano, Polygon, Litecoin and Avalanche.
As of right now, Cardano is still laying low on their major developments and answers to improve their technology versus Solana.
MATIC may be doing alright in the crypto market but if Solana and Bitgert become the archrivals in the future, people may soon forget about Polygon unless the developers improve their mainnet to at least get near to Solana.
Litecoin is one of the oldest coins in the market and fortunately, it has done very well as a cryptocurrency. However, as a technology, they will need to step up and catch up to its younger competition. Even with their new MWEB, they’ll still need to prove more than just high speed and cheaper gas fees.
Lastly, Avalanche still retains the record for the fastest smart contract but suffers from the lack of blockchain and finite products. If BRISE continues to prove its point, the developers may begin leaving Avalanche for Bitgert.
The Future of Bitgert
Bitgert opened the eyes of blockchain supporters with its powerful TPS, zero gas fees and EVM compatibility, hence the rocket to the moon for investors. If it finally gets listed in major crypto exchanges, this could mean new large quantities of buyers and wide exposure to the more mainstream crypto crowd.
Should Bitgert turn out successful in proving their technology, more NFT developers will begin using their blockchain instead. Yet, the competition is still early and Bitgert’s presence may signal Solana to begin improving their own network.