#BTC, $SOL, #XRP Review:

-Bitcoin: Starting off with the first cryptocurrency ever made, Bitcoin is a layer 1 cryptocurrency and is the most valuable one in the market. Bitcoin had its every 4 year halving in April of 2024. As expected around 6-9 months after the halving, the crypto bull run would start because of it.

In my mind, Bitcoin is like a magnet, wherever it goes, the rest of the market follows it. Bitcoin itself has a slower transferring time and a higher cost to transfer, because of this 2 people created the Lightning Network.

The whole point of the Lightning Network is to provide cheap transactions and to also be able to move the money around faster.

Around the world, we currently don't have much use for Bitcoin other than to hold it. I believe that in 5-20 years we'll see more daily uses for Bitcoin around the world.

-Solana: Solana is currently the 4th most valuable cryptocurrency, with Tether, Ethereum, and Bitcoin in first. The whole point of Solana is for you to be able to create your own cryptocurrencies.

Solana's transfers per second can reach up to 65,000tps this is how and why it has the most transfers out of any cryptocurrency.

Solana was created in 2017 and was launched in march 2020, so its a generally new coin.

I personally really like Solana because of their low prices and high capability for transfers.

-XRP: XRP has also grown to be one of the most valuable cryptocurrencies today. Its currently the 8th most valuable. 

The main idea of XRP is to be better than Bitcoin. What this means is that the creators of XRP want it to excel everything that Bitcoin does. They want faster transactions, lower costs, and higher security.

XRP's transaction speed is usually 3-5 seconds and it can handle 1,500-50,000tps. A bit lower than Solana's but if you compare that to Paypal's tps which is around 193tps, its still very high. 

The only problem that I have with this cryptocurrency is that they're still in a battle with the SEC which has pushed the cryptocurrency down a bit. I think that in 2025 they'll resolve everything and XRP will go to higher than a dollar.

High hopes for everyone of these cryptocurrencies.
#BTC #SOL #XRP