This article features an update on cryptocurrencies like Avalanche, Matic, Litecoin, and more
The third week of January has seen the crypto market price plunge, though not as big as the first week. But this has not stopped cryptocurrencies from posting impressive growth in developing networks, adoption rates, and so on. There are exciting updates that crypto investors need to know today about these top cryptocurrencies of 2022:
Bitgert team is very active on their social media, where it has been updating the community on the latest developments. The Airdrop is back again, and this time over $50,000is up for grab in the current Airdrop, and the set rules are pretty simple. Check out Bitgert Twitter for more about the ongoing Airdrop.
The other update has been about the Bitgert listing on a tier-1 exchange. The team has just completed the submission of all legal documents needed for the listing. This is a big milestone for this project. The iOS beta Bitgert wallet is at test flight. The Brise centralized exchange and the Bitgert gas-less blockchain development are going on fine. The team also announced the launch of over 10 products in 2022. Visit the Bitgert website for more, including the roadmap.
The Centcex team has been very busy developing the project and, more so, the upcoming Centcex cryptocurrency exchange. This is the first product the team is developing for the Centcex ecosystem. The recent update on this exchange is the completion of the database structure and the user interface. The team is expected to announce more development moving forward.
As the whitepaper says, the Centcex lab is developing an unlimited number of products with finding from 3% of every transaction. So, we expect to see more products going forwards. Read more about the upcoming products on the Centcex website, including the 100% APY staking reward.
Because of the fact that Avalanche is the fastest smart contract in the market, the project has been gaining a lot of attention from the crypto community. That’s why among the key things the Avalanche team has been updating on is the fast-growing community. At the time of this writing, the Avalanche Twitter community has reached 540k.
But the Avalanche team has been updating on the new projects joining the network. The increasing scaling of the network is among the developments expected to start very soon. The Avalanche team is working on various scaling solutions to make the smart contract even faster.
Polygon (Matic) is one of the crucial Ethereum level-2 scaling programs. The smart contract has Maticas, the native currency for the polygon network. The fast-growing demand for the Polygon network by the Ethereum projects joining the network is reflected in the fast-growing Matic value. The smart contract offers fast, safer, and cheaper transactions, making developers on the Ethereum network.
The Polygon (Matic) team has been working on adding more scaling solutions to the network. This is to make the network even faster than today. The impact will be seen on the surging Matic price. With the current developments, Matic might be one of the best performing cryptos of 2022. ]
The developments at Litecoin has been impressive, with the LTC adoption by more business as currency making the headlines. The recent update has been about the NetCent, Bitpay, and Verifone, the companies that have adopted Litecoin as one of the currencies. Now Litecoin holders can use their crypto coins to buy goods and services in these among many other stores.
The other update has been about Litecoin Gaming. This is a new industry the team Litecoin is entering, and with the metaverse, it is an industry that’s projected to explode. This is why it is quite pleasing to investors. The introduction of the Litecoin NFT has been received well by the community.
The Solana team is working on the 2022 roadmap, which has incredible developments, including the mainnet upgrade. There are several moves the team has been making recently to make Solana a better blockchain. The improvement of the Solana mainnet is aimed at making this blockchain even faster than today. With 400,000 tps demand, the team is working to increase the current tps from 65,000 upwards.
But the latest update is the progress of the Solana ‘Hacker House”, a program carried out by the Solana engineers and the Metaplex team. The objective is to bring more developers to the network in 2022. The team is mainly focusing on the DeFi and NFTs developers to help increase products in the Solana network.
The Cardano team has been talking about the upcoming ambitious scaling program for the past few weeks. This is one of the biggest things in Q1 2022 and possibly this year. The widely anticipated Hydra program, a layer-2 scaling program, is now complete. The Cardano team is about to launch it.
The most exciting thing about this scaling upgrade is it will be making Cardano the fastest blockchain in the market today. The Cardano team says the network will have a throughput of 1 million transactions per second. Cardano team is also increasing the number of projects on the network.
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