January 15 Cryptocurrency Updates: Solana, Cardano, Avalanche, Matic, Litecoin, Bitgert, Centcex
by Analytics Insight
January 15 2022
We are now in the middle of January, and a lot has happened in the crypto market during this time. There was a lot of depth in the first week, but the market recovered and most cryptocurrencies are green at the moment. But what happens to the best cryptocurrencies of 2022 in the first two weeks? Here are some important updates that cryptocurrency investors should know about these cryptocurrencies:
Although new to the industry, the Bitgert crypto project has proven to be a force to reckon with for only 5 months as of this writing. The Bitgert team has already released several products, including the Brise wallet, Swap, persistent storage, and the recently launched PAYRISE, a payment gateway that enables users to purchase goods and services with $BRISE.
Bitgert’s latest update is on Bitgert’s 2022 Roadmap and is an announcement of a major milestone in the development of Brise, a centralized crypto exchange. The user interface and database structure for the exchange is now complete. The development of the Bitgert blockchain without gas is going well. Read more about blockchain without gas fees on the Bitgert website
Centcex was one of the top performers in the first half of January 2022. The coin managed to avoid a price drop, and most cryptocurrencies fell. The cryptocurrency maintained the same growth momentum for the second week and made impressive gains. But the Centcex teams are also hard at work developing this project.
The Centcex team recently announced the progress of the Centcex exchange with the user interface and database structure already complete. The Interactive UI (web version) was also released in the second week of January. The stock exchange is expected to be issued soon. The next upcoming product is Centcex Staking. For more information about the project, visit the Centcex website.
Solana blockchain is still the fastest blockchain on the market today. With around 65,000 transactions per second, Solana is definitely one of the crypto projects that most users choose. The network is also home to hundreds of projects due to fast transactions and cheaper gas fees compared to most of the available blockchains.
Several projects were launched and launched on Solana in the first 15 days, including GameFi projects. There is also growing excitement as the team has hinted at improving the main grid as part of its 2022 roadmap. The goal is to meet Solana’s current demand of 400,000 tons per second, which will also make Solana faster. Therefore, Solana is expected to be one of the cryptocurrencies as the year progresses.
Cardano remains one of the cryptocurrencies with a huge potential to disrupt the industry in 2022. A lot has happened in Cardano that will likely make this one of the biggest projects of 2022. The price has picked up from the decline, with the coin recovering nearly the first week of price drops in January. But it is the announced Cardano protocol upgrade that is catching the industry’s attention.
The Hydra protocol, a Layer 2 scaling solution, is making the Cardano network faster and cheaper. Expectations are that Cardano’s network will reach 1 million transactions per second after the upgrade. This will make Cardano the fastest network we have today. More users will be registered, and this is one of the ways $ADA can become the largest cryptocurrency.
Avalanche is one cryptocurrency that is doing very well in both price growth and adoption. This is one of the smart contracts that is growing in demand in 2022, mainly because it is the fastest smart contract in terms of time to finish. The other biggest reason why Avalanche performs 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 got crypto investors excited. This will make the avalanche faster and attract more users from Ethereum and other slow and expensive blockchains. There is also an increase in the number of projects on the Avalanche platform in 2022.
Matic has made significant gains in the crypto market over the past few days. As the cryptocurrency market is taking a break, Matic is one of the currencies with impressive gains. The original coin is Polygon Coin, which is one of the best smart contracts in the industry today. Unlike most contracts, Polygon (Matic) was built for the Ethereum network. It turns the blockchain into a multi-chain platform to address the issue of scalability.
Polycon is adding more metering solutions, which is why the Matic is doing so well. Last year, the contract added expansion solutions like Hermez, Nightfall, Miden, and Zero, which saw the price of Matic go up. With the improvement of Polygon’s scaling features, Matic will continue to be one of the best cryptocurrencies for 2022.
Since the inception of the Litecoin platform, it has grown into one of the largest cryptocurrencies in the industry. The platform provides faster, cheaper and more secure transactions. But the utility’s benefits are one of the biggest reasons why Litecoin is so popular in the cryptocurrency market. This is one of the symbols that enables its holders to do so much.
The latest news is the acceptance of Litecoin by a number of organizations. The latest one is NetCent, which enables Litecoin uses to reach more than 40 million merchants worldwide. Other recent organizations that have adopted Litecoin are Bitpay and Verifone. This is good news for Litecoin holders as more cryptocurrency adoption increases the value of their investment.
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