The market’s steady recovery suddenly boomed on Wednesday, exhibiting strong bullish momentum in the last 48 hours, shortly after the sudden announcement of a 50 basis point rate cut by the United States Federal Reserve. The advent of this unexpected briefing has sent Ethereum and hundreds of other tokens skyrocketing.
Ethereum and other stalwart foundational networks like BNB Coin and Bitgert witnessed significant upticks, rising by 7.4%, 3.6%, and 4.7%, respectively. Ethereum, BNB Coin, and Bitgert are thriving Layer 1 solutions, seeing growing adoption in the cryptocurrency community.
In the following paragraphs, we will explore these top Layer-1 solutions (Ethereum, BNB Coin, and Bitgert), considering their exceptional capabilities and uncovering which would see the best returns in 2024.
Ethereum: The Biggest L-1 Blockchain
Developers worldwide widely adopt Ethereum, the biggest L-1 blockchain, to build and create smart contracts, tokens, and dApps. Ethereum was developed to be decentralized, scalable, programmable, and secure.
Now exchanging hands at $2538, Ethereum has exhibited strong bullish momentum over the past seven days like Bitgert’s BRISE. Ethereum price chart shows Ethereum displayed four back-to-back daily green candles for the first time since early in the third quarter. Ethereum’s current momentum could see Ethereum’s ETH skyrocket in Q4.
Recent Developments Could Sustain BNB Coin’s Momentum
Since the merger in early 2022, BNB has revolutionized the digital experience, transforming itself into a multi-chain platform. The BNB Chain platform is a community-driven open-source ecosystem.
BNB Coin, the third biggest cryptocurrency after Bitcoin and Ethereum (aside from stablecoins), reached a new 21-day high. BNB Coin climaxed at $576.26 in the early hours of Friday. As one of the few altcoins at the forefront of the current bullish trend, BNB Coin is one of the top picks for investors. Moreover, developments surrounding the BNB Coin would only sustain its upward momentum.
BNB Chain announced the launch of a gas-free transfer program on Wednesday. This development on the BNB Chain aims to offer BNB Coin users a faster and more economical payment solution. BNB Chain would collaborate with CEX and established wallet providers like Binance, Gate.io, Bitgert, etc.
Bitgert: The Dark Horse of Leading L-1 Solutions
Bitgert is hailed as the dark horse among the leading blockchains in the market. Bitgert retains EVM compatibility and implements the PoA consensus mechanisms to reduce cost and time while maintaining top-level security and scalability. Bitgert’s unique capabilities of ultra-fast transactional speed and zero fees have revolutionized foundational networks, bringing neck-to-neck competition with Ethereum and BNB Chain.
Moreover, Bitgert’s most recent campaign—#BitgertVideoContest—has attracted more enthusiasts, users, and developers into its ecosystem. This campaign allows creators to create content about Bitgert and stand a chance of winning rewards of up to $10K in Bitgert’s BRISE.
To learn more about Bitgert, visit https://bitgert.com.
How to buy Bitgert?
Buy on Gate.io – BRISE/USDT
Buy on Pancakeswap
Buy on Uniswap
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