January 16 updates: Solana, Cardano, Avalanche, Matic, Litecoin, Bitgert & Centcex – Analytics Perception

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by Analytics Insight
January 16, 2022

The crypto industry is recovering from a tough slump in the first week of January, but the second week has been good. Some of the cryptocurrencies managed to recover from the slump and are now green and booming. But what were the latest developments of the best cryptocurrencies on the market? There’s a lot crypto investors need to know about these top cryptocurrencies of 2022:

Bitgert

Bitgert team has never failed to deliver and has proven it in the last 5 months since project start. According to the latest developments tweets published by the Bitgert team, the iOS beta version for the BRISE wallet is in a test flight. This means that the long-awaited Bitgert iOS wallet is coming soon. Bitgert team also launched PAYRISE, a payment gateway that allows store owners and ecommerce website owners to accept $BRISE payments.

Bittert has also kept the community updated on the development of the highly anticipated BRISE exchange. The database structure and user interface are now complete. It will be a centralized crypto exchange. The Bitgert Zero Gas Fee blockchain is making good progress and more is coming soon. Learn more about the gasless blockchain and others on the Bitgert website

Centcex

Centcex is barely 2 months old at the time of writing this article, but the team has accomplished a lot in such a short amount of time. One of the main things that makes Centcex attractive is the speed with which the team implemented this project. The team’s most recent update covered the development of the much-anticipated Centcex exchange.

According to the team’s tweets on their official page, the development of the Centcex Exchange UI and database structure is now complete. This is big news because it shows that the team could launch this product by Q1 2022. The team previously released the Exchange UI – the web version. The staking platform Centcex is included in the Q1 roadmap. To learn more about the project, visit the Centcex website.

Solana

The Solana team puts a lot of hard work into making 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 aren’t slowing down because they want to speed up the protocol even further. 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 joining the network. Many dApps are developing on the Solana network, including DeFi and GameFi projects. This is good news for the community as it means an increase in Solana prices. There are likely other Solana scaling solutions the team is working on that may be released soon.

Cardano

Cardano has been around for several years and has built a large community that the team updates regularly. The Cardano team has released several updates, with new products being added to the network every day. But progress on the soon-to-be-released protocol upgrade has been highlighted the most. The Hydra protocol upgrade is still a big deal that will change Cardano’s performance for the better in 2022.

The Layer 2 scaling solution will make the Cardano network faster than any other blockchain on the market today. The upgrade will increase Cardano throughput to 1 million transactions per second. Not even Solana has hinted at delivering such scale. The Cardano team has also hinted at bringing more projects to the network with the successful upgrade of the Hydra protocol.

avalanche

Avalanche is a scaling solution that is gaining popularity among developers. As the fastest smart contract on the market, Avalanche works hard to meet user expectations. These are other projects joining the network. Among the latest projects to join Avalanche is the Ferrum Network, among many others.

Avalanche is one of the smart contracts that are compatible with the Ethereum smart contract, giving many Ethereum users the opportunity to use a faster and cheaper development platform. The Avalanche team on making the platform more accessible to more developers by making smart contracts cheaper and faster. This is done through more scaling solutions and improving the Avalanche mainnet.

matic

Matic’s recovery from the previous dip has been impressive. The cryptocurrency, which has been in the green for a few days, could be among January’s best performers. Matic’s performance is associated with Polygon, which is among the best smart contracts for the Ethereum network. The excellent demand for the platform makes the Matic price grow.

Recent updates from Polygon have been about the increasing number of new decentralized applications starting with the smart contract. As the Ethereum smart contract slows down and gas costs increase, many developers have migrated to Polygon. That’s why Matic is growing fast. As Polygon acquires more scaling solutions, Maticis expects it to continue increasing.

Litecoin

Litecoin has made strides in the industry that prove it’s still one of the best digital currencies. The Litecoin team has been working on the network to make the cryptocurrency more accessible amid rising demand. Upgrading the network was key to allowing many more transactions and reducing transaction costs.

But adding more token value was one of the team’s biggest moves. Many more financial organizations are now accepting Litecoin as a means of payment for goods and services. NetCent, Bitpay, and Verifone are some of the latest companies to launch Litecoin. Other projects such as Litecoin Gaming have also joined the network. There’s a lot more to come from the Litecoin team.

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