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Cardano ADA Faces Stiff Competition from This Rising L1 Coin

Last Updated: October 5, 2024By

Cardano ADA is one of the most established Layer-1 (L1) blockchains. Cardano ADA has made impressive strides with its focus on sustainability, scalability, and academic rigor. However, Bitgert ($BRISE) is rapidly emerging as a strong competitor in the Layer-1 space. With its superior technology and innovative approach,Bitgert is poised to give Cardano ADA a run for its money.

Cardano ADA: Steady Progress but Growing Pressure

Cardano ADA has built a solid reputation as one of the most reliable blockchain platforms. Cardano ADA focuses on peer-reviewed research and a methodical approach to development. Cardano ADA’s proof-of-stake (PoS) consensus mechanism and upcoming Hydra scaling solution promise to enhance Cardano ADA scalability. It makes Cardano ADA capable of handling more transactions with lower fees. As of 2024, Cardano ADA remains one of the top tokens by market cap.

Despite its success, Cardano ADA is facing increasing pressure from Bitgert that are offering more scalable and cost-efficient alternatives. While Hydra could help Cardano ADA catch up in terms of speed and cost, the network’s gradual approach to development leaves room for quicker-moving competitors like Bitgert to seize market share.

Bitgert: The Rising L1 Contender

Bitgert  ($BRISE) has quickly become one of the most talked-about Layer-1 blockchains in the crypto world. Bitgert offers blazing-fast transaction speed and almost zero fees. With the ability to process 100,000 transactions per second (TPS) and a cost of just $0.0000001 per transaction, Bitgert is positioning itself as a more scalable and cost-efficient alternative to Cardano ADA and other leading L1 platforms.

Bitgert’s ecosystem is rapidly expanding, featuring DeFi applications like PayBrise and BitgertSwap. With 47 million transactions already processed, Bitgert is positioning itself for significant market disruption in the DeFi space where low fees and high throughput are crucial.

Comparing the Two Ecosystems

Cardano ADA has a well-established ecosystem with numerous DeFi projects, staking pools, and smart contracts. Projects like SundaeSwap and Minswap are driving DeFi growth, while the network’s commitment to environmental sustainability continues to attract eco-conscious developers and investors.

However, Bitgert’s growing ecosystem offers more agility and cutting-edge tools for developers. Bitgert’s  near-instant transaction speeds and minimal fees make Bitgert an attractive option for projects requiring high throughput, such as DeFi protocols, NFTs, and payment applications. This gives Bitgert an edge over Cardano ADA when it comes to real-time, high-frequency transactions and scalability.

Can Bitgert Overtake Cardano ADA?

While Cardano ADA’s reputation and long-standing community are strong assets, Bitgert’s rapid development and superior technology make it an attractive choice for investors. The speed at which Bitgert is growing and attracting new users and developers suggests that Bitgert could surpass Cardano ADA in both performance and adoption, especially in sectors like DeFi where speed and low costs are critical.

 

Grab your own $BRISE token at Gate.io, KuCoin, MEXC, and Pancakeswap!

 

Step 1: Register on the exchange

Step 2: Choose your payment method

Step 3: Buy $BRISE

 

For more info, visit bitgert.com.

 

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