The crypto market’s looking up finally. Led on by Bitcoin, investments are trickling in from retailers and institutions across blockchains and use cases. The most important parameter for any investment is the ROI or return on investment an investor gets.
For instance, 98% of the Bitcoin investors are in profit. If you invested $100 in Bitcoin a year ago, you would hold $170 today, a return of 70% in a year. Similarly, if you get a good investment yield, you are on the right track. Besides Bitcoin, many layer-1 blockchains are doing great on the innovation front and gathering userbase.
Let’s take a look at Solana and another Layer-1 blockchain that can present itself as a better alternative to Solana.
How Has Solana Performed: A Price Analysis
Solana is a popular layer-1 blockchain offering faster and cheaper transactions than Ethereum. Its native token, SOL, has already absorbed a gain of 495% in a year.
Solana’s price had been moving in the $106-$110 price range for a while before reaching the $125 price. The token has risen by 15% in the last 24 hours and 22% in the last seven days. However, its RSI paints a neutral picture, and MACD levels show a declining trend.
Solana’s ecosystem is growing with multiple projects. But whether Solana will be at a price of $80 or $200 in the coming month is a topic of discussion. This means if you were to invest $200 in Solana today, your returns would be quite uncertain.
Solana is facing intense competition from other layer-1 blockchains that are faster, cheaper, and present a better investment alternative. One such alternative is Bitgert.
Bitgert As a Better Investment Over Solana
Bitgert, as a layer-1 blockchain, offers unbeatable speed and the lowest fees. It offers up to 100k TPS, top-level security, and scalability. It is also one of the fastest-growing ecosystems. It is one of the top standouts in terms of performance.
BRISE price rose by over 22% in the past seven days and is still gaining momentum. The coin RSI paints a bullish picture while moving averages show a strong buy signal.
Conclusion
Bitgert is a mid-cap coin offering undiluted potential over the already established blue chip tokens like Solana. While Solana is one of the biggest Layer-1 ecosystems out there, Bitgert offers better opportunities for return.
There are numerous projects, including DeFi protocols and CEXs, that will help the ecosystem scale in the coming months. Whether you deploy your undivided investments to Bitgert or Solana, we are vouching for better returns from the latter.
