Press Release

Bitgert, Ethereum, and Solana: A 2024 Price Analysis of Leading Layer-1s

Bitgert, Ethereum, and Solana: A 2024 Price Analysis of Leading Layer-1s

Este artículo también está disponible en español.

Bitcoin’s intra-day spike of approximately 2.2% and Ethereum’s 24-hour price jump of 5.2% on Wednesday have ushered a wave of excitement in the market.

As we approach Q4, the market has begun swinging in the bullish direction. Leading Layer-1s blockchains like Ethereum, Solana, and Bitgert are not left out, registering 7.4%, 13.1%, and 4.7% gains in the past week.

In this article, we will cover an extensive price analysis of Ethereum, Solana, and Bitgert.

Ethereum: Leading the Bullish Breakout

As the top-choice blockchain, Ethereum hosts the largest network of crypto projects in the global market. However, due to network congestion issues and high gas fees, developers have migrated to other Layer 1 solutions like BNB Coin, Bitgert, etc. Concerns of this migration triggered the development of Ethereum 2.0.

Ethereum is now exchanging hands at $2538 after one of the biggest weekly rallies in the market. Ethereum bulls will attempt to push Ethereum to a new 3-month high with the current market momentum above the $2575 price level.

Would Solana Continue to Enjoy Upward Movements?

Since its launch in 2017, Solana has proven to be much faster in transactional processing capacity than Ethereum. Solana also boasts lower transactional fees than its biggest rival—Ethereum.

Solana’s SOL has been among the leading altcoins in the market since the news of a rate cut broke out, spiking by 4.7% in the 24 hours. Solana’s SOL has continued its positive trend over the past week, with an approximate profit margin of 11.7%. During this window, Solana’s trading volume has increased by over 122.9%, signaling strong increased interest.

Solana’s SOL now trades at $146.9 after oscillating between $122 and $139 price levels. Solana’s recent performance supports upward movements for Solana’s SOL before 2025.

Bitgert: Outperforming Ethereum and Solana

Bitgert is an L1 blockchain built for mass adoption. Bitgert combines one of the most resourceful products and qualitative solutions, offering users and developers a premium digital experience within Bitgert’s ecosystem. Bitgert’s ecosystem provides developers with unique solutions they wouldn’t see elsewhere, not even on Ethereum and Solana.

These unique capabilities, such as its unbeatable transactional speeds, zero gas fees, and scalability, have catapulted its market visibility, increasing the influx of projects now developed on its blockchain.

Bitgert’s BRISE is trading at $0.0000000866, reflecting a 6.5% spike since early September. Bitgert’s price trajectory has shown steady growth in the past few weeks, breaking crucial resistance levels in this period.

Bitgert’s BRISE performance since the first week of September can be traced to its recent developments and innovative campaigns. For instance, a flock of creators and meme developers, respectively, joined the #BitgertVideoContest and the Bitgert Hackathon. Bitgert is well on track to outperform stalwart blockchains like Ethereum and Solana.

To learn more about Bitgert, visit https://bitgert.com.

How to buy Bitgert?

Buy on Gate.io – BRISE/USDT

Buy on Pancakeswap

Buy on Uniswap

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

 

 

 

 

 

Disclaimer: The information found on NewsBTC is for educational purposes
only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any
investments and naturally investing carries risks. You are advised to conduct your own
research before making any investment decisions. Use information provided on this website
entirely at your own risk.


BONK

BONK Bulls Take Over: Upside Momentum Builds After Pullback

After a brief pullback, BONK is showing signs of renewed strength as bullish momentum begins to build. The recent price…


Bitcoin

Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell

Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of…



BlockDAG Eyes $1 Mark: Premier League Rumors Boost Whale Activity While ADA Stumbles & DOGE Sprints

Cardano (ADA) has been inching up but its future remains a big question mark, with experts split over whether it’ll…

Load More

Leave a Reply

Your email address will not be published. Required fields are marked *