15th Jan Crypto Updates: Solana, Cardano, Avalanche, Matic, Litecoin, Bitgert & Centcex
We are now in the middle of January, and a lot has happened in the crypto market during this time. There has been a big deep in the first week, but the market has recovered, and currently, most of the cryptocurrencies are green. But what is happening to the best cryptocurrencies of 2022 for the first two weeks? Here are some of the crucial updates crypto investors should know about these cryptocurrencies:
Despite being new in the industry, just 5 months at the time of this writing, the Bitgert crypto project is proving a force to reckon with. The Bitgert team has already released multiple products, including the Brise wallet, Swap, the ongoing staking, and the recently introduced PAYRISE, a payment gateway enabling users to buy goods and services using $BRISE.
The latest Bitgert update is on the 2022 Bitgert roadmap products is the announcement of a huge milestone in the development of the Brise Exchange, a centralized crypto exchange. The user interface and database structure of the exchange are now complete. The Bitgert gasless blockchain development is going on well. Read more about the zero gas fee blockchain on the Bitgert website
Centcex has been one of the best performers of the first half of January 2022. The coin managed to avoid the price plunge, and most of the crypto coins plunged. The cryptocurrency maintained the same growth momentum for the second week and posted impressive gains. But the Centcex teams have also been working very hard in developing this project.
The Centcex team recently announced the progress of the Centcex exchange with the user interface and database structure already complete. The exchange UI (web version) was also released in the second week of January. The exchange is expected to be released soon. The next coming product is the Centcex staking platform. For more about the project, visit the Centcex website.
Solana blockchain still remains the fastest blockchain in the market today. With about 65,000 transactions per second, Solana is definitely one of the crypto projects that most users are opting for. The network is also home to hundreds of projects due to the fast transaction and cheaper gas fee compared to most of the available blockchains.
Many projects have started and launched on the Solana in the first 15 days, including GameFi projects. There is also an increasing excitement as the team hinted at improving the mainnet as part of the 2022 roadmap. The aim is to address the current Solana 400,000 tps demand, which will also make Solana faster. Therefore, Solana is expected that this will be one of the cryptocurrencies as the year progresses.
Cardano remains one of the cryptocurrencies with huge potential to disrupt the industry in 2022. There has been a lot happening at Cardano that would probably make this one of the biggest projects in 2022. The price has risen from the dip, with the coin almost recovering the first week of the January price plunge. But it is the announced Cardano protocol upgrade that is catching the attention of the industry.
The Hydra protocol, a layer-2 scaling solution, is going to make the Cardano network faster and cheaper. The projection is that the Cardano network will hit 1 million transactions per second after the upgrade. This will make Cardano the fastest network we have today. More users will be recorded, and this is one of the ways $ADA might become the largest cryptocurrency.
Avalanche is one of the cryptocurrencies doing very well in both price growth and adoption. This is one of the smart contracts growing in demand in 2022, mainly because it is the fastest smart contract by time-to-finality. The other biggest reason why Avalanche is performing better than other smart contracts is its compatibility with the Ethereum network.
The upgrade of the Avalanche mainnet is definitely one of the news that has excited crypto investors. This will make Avalanche even faster and attract more users from Ethereum and other slow and expensive to transact blockchains. There is also an increase in the number of projects on the Avalanche platform in 2022.
Matic has been making big gains in the crypto market over the last few days. Since the crypto market got a breather, Matic is one of the coins posting impressive gains. The coin is native to Polygon, one of the best smart contracts in the industry today. Unlike most contracts, Polygon (Matic) is made for the Ethereum network. It transforms this blockchain into a multi-chain platform to address the scalability issue.
Polycon has been adding more scaling solutions, which is why Matic is doing well. Last year, the contract added scaling solutions like Hermez, Nightfall, Miden, and Zero, which have seen the price of Matic grow. With the improvement of the Polygon scaling features, Matic will continue being one of the best cryptocurrencies of 2022.
Since the start of the Litecoin platform, it has grown to be one of the biggest cryptocurrencies in the industry. The platform provides faster, cheaper, and more secure transactions. But the utility benefits are one of the biggest reasons why Litecoin is popular in the crypto market. This is one of the tokens that enable holders to a lot.
The latest news is the acceptance of Litecoin by a number of organizations. The recent one is the NetCent, which enables Litecoin uses to access over 40 million merchants across the globe. Other recent organizations that have adopted Litecoin are Bitpay and Verifone. This is good news for Litecoin holders as more adoption of the cryptocurrency grows the value of their investment.
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