by Analytics Insight
January 16, 2022
The crypto industry is rising up from a rough dip in the first week of January, but the second week has been good. Some of the cryptocurrencies have managed to recover from the dip and are now green and booming. But what have been the latest developments from the best cryptocurrencies in the market? There is a lot that crypto investors need to know about these top cryptocurrencies of 2022:
Bitgert team has never failed to deliver and has proven this over the last 5 months since the project launched. According to the tweets released by the Bitgert team regarding the latest developments, the iOS beta version for the BRISE wallet is in a test flight. This means the long-awaited Bitgert iOS wallet is coming soon. The Bitgert team has also introduced PAYRISE, which is a payment gateway that enables Store Owners and Ecommerce Website Owners to accept $BRISE payments.
The Bitgert has also updated the community on the development of the widely anticipated BRISE Exchange. Right now, the database structure and the user interface have been complete. It will be a centralized crypto exchange. The Bitgert zero gas fee blockchain is coming on well, and more about it is coming soon. Learn more about the gasless blockchain and others on the Bitgert website
Centcex is barely 2 months old at the time of this writing, but the team is accomplishing a lot in such a short time. Among the key things making Centcex attractive is the speed at which the team has been delivering on this project. The recent update by the team was about the development of the widely anticipated Centcex Exchange.
According to the team’s tweets on their official page, the Centcex exchange user interface and database structure development are now complete. This is big news because it shows that the team might launch this product by Q1 2022. The team previously released the exchange user interface – the web version. In the Q1 roadmap is the Centcex staking platform. To learn more about the project, visit the Centcex website.
The Solana team is putting in a lot of hard work to keep the blockchain the fastest blockchain in the industry. With the platform processing 65,000 transactions per second, this is definitely the best blockchain in terms of speed. But the Solana is not slowing down because they want to make the protocol even fast. The Solana mainnet upgrade is always happening and, there will definitely be another milestone.
The latest update from Solana is the increasing number of projects that are joining the network. There are a lot of dApps developing on the Solana network, and this includes DeFi and GameFi projects. This is good news for the community since this means a surge in the Solana prices. There are probably more Solana scaling solutions the team is working on and might be made public soon.
Cardano has been around for several years and has built a big community that the team updates regularly. The Cardano team has released several updates, with new products joining the network increasing every day. But is the progress on the soon to launching protocol upgrade that has been highlighted the most. The Hydra protocol upgrade is still a big thing that is going to change Cardano’s performance for 2022 for the better.
The layer-2 scaling solution will make the Cardano network faster than any other blockchain in the market today. The upgrade will take Cardano throughput to 1 million transactions per second. Not even Solana has hinted at delivering such scaling. The Cardano team has also hinted at bringing more projects on the network with the successful upgrade of the Hydra protocol.
Avalanche is a scaling solution that is increasingly growing popular with developers. As the fastest smart contract in the market, Avalanche is working hard to meet the expectation of the users. This is more projects joining the network. Among the latest projects that joined Avalanche is the Ferrum Network, among many others.
Avalanche is one of the smart contracts compatible with the Ethereum smart contract, giving many Ethereum users an opportunity to enjoy a faster and cheaper development platform. The Avalanche team on making the platform more accessible to more developers by making the smart contract cheaper and faster. This is through more scaling solutions and improvement of the Avalanche mainnet.
Matic recovery from the previous dip has been impressive. The cryptocurrency has been in green for a few days could be among the best performers of January. Matic performance is associated with Polygon, which is among the best smart contracts for the Ethereum network. The excellent demand for the platform is growing Matic price.
Polygon recent updates have been about the increasing number of new decentralized applications starting the smart contract. With the Ethereum smart contract becoming increasingly slow and gas costs rising, many developers have been migrating to Polygon. This is why Matic is growing fast. With the Polygon acquiring more scaling solutions, Maticis expected to keep soaring.
Litecoin has been making moves in the industry that proves it is still one of the best digital currencies. The Litecoin team has been working on the network to make the cryptocurrency more accessible as its demand soars. The upgrade of the network has been key to enabling a lot more transactions and the lower the cost of transactions.
But adding more token value has been one of the biggest moves by the team. A lot more financial organizations are now accepting Litecoin as currency to pay for goods and services. NetCent, Bitpay, and Verifone are some of the latest companies that adopted Litecoin. More projects like Litecoin Gaming have also joined the network. A lot more is coming from the Litecoin team.
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