Solana Outflow Remains Huge As Bitgert Community Grows Stronger

Solana
Solana

Key Points:

  • Solana selloffs keep rising despite stabilizing crypto markets
  • Bitgert community hits $150k
  • Bitgert developments to increase holders’ count

The crypto markets are stabilizing, with most coins posting minimal price fluctuations. Solana has been trading between $36 and $40 over the past few days, while Bitgert (BRISE) has also been posting a very stable price. However, there has been a lot of growth in terms of selling pressure on the Solana coin.

The number of Solana holders selling has been growing over the past few weeks. In fact, Solana has been one of the biggest losers in the market during the recent bear markets. The growing selling pressure indicates that investors are losing confidence in Solana, or better projects are attracting Solana investors.

Solana experienced network issues in the past months, which heavily dented the project. The growth of the Solana ecosystem, in comparison with Ethereum and the likes of Bitgert, has also been slow. That’s why there is a huge number of Solana investors selling to join Bitgert (BRISE).

Therefore, the Solana team will need to beat the likes of Bitgert and many other competing coins for the SOL to stop the current outflow. Bitgert is one of the cryptocurrencies that have managed to keep the selling pressure at the lowest. Here is more about Bitgert:

Bitgert Community Grows Bigger

Bitgert community has been growing bigger when the likes of Solana are recording massive outflows. The Bitgert community just passed the 150k mark. This is a huge accomplishment for the Bitgert team that, in the last few weeks, celebrated reaching 130k holders’ count.

There are a number of factors making Bitgert post such impressive growth. Bitgert has had an impressive price performance during the bear market. Bitgert coin has posted stable prices, with bullish episodes that have kept the Bitgert coin growing.

There are also many developments that Bitgert has in place for this year, with the Bitgert roadmap V2 delivery being one of them. The Bitgert team also announced the launch of more Bitgert backed projects on the Bitgert chain this month. These developments are attracting a lot of investors, including Solana holders.

Conclusion

Issues causing Solana outflow need to be addressed, or we might see Solana coin plummeting further. However, Bitgert looks like it has everything to continue growing its community stronger this year.

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