With the Solana network getting more congested each passing day, BEFE Coin has presented itself as a standout solution. It provides an unachievable level of efficiency and scalability in transactions. With the strong performance of BEFE, more and more investors and users are turning towards it. Let’s look at this comparison in more detail.
SOL is Congested!
The increase in sophisticated operations has really heated the Solana Network, bringing a strain on its functionality and potential to run thousands of transactions per second; hence, it serves to cause failures in user transactions. Although it is positioned as a faster and cheaper Ethereum, the network now fights with rather great traffic jams. The average-time node is now characterized by average time delays ranging from 20 to 40 seconds, with high losses—percentage losses of 30 to 50%—including transaction delays and an alarming 80% failure rate.
Solana network, as the reports say, has suffered nine major outages since 2021, which, in total, have made it unavailable for over 150 hours. Just recently, in February, a five-hour outage took place with an incident from October 2023 particularly well-remembered—one of enforced liquidation due to congestion. View live and historical performance statistics on the Solana Status Page or SolBlaze. There are many Solana RPCs that are currently either disrupted or showing performance lags.
All about BEFE
Solidifying a place among the dominating forces in the meme coin market, BEFE has set out to outdo the popularity gained by the already established predecessors, who were the first to introduce a no-presale, tax-free approach with their energetic launches. BEFE will bring back the meme-coin trends by giving a chance for earnings through staking BRISE and being a coin-of-the-masses approach. BEFE’s memes are compelling and follow a community-driven approach. BEFE is available on PancakeSwap and Uniswap platforms for easy accessibility to fans with the BSC and ETH networks. As witnessed, there was some minor pullback in both trading volume and price from an all-time high, but strong community support for BEFE does point to a strong rebound and further growth, reinstating their commitment to fair distribution and an active meme coin scene.
BEFE’s 1-Month Performance
Over the month, the price of BEFE has charted an outstanding trajectory, with strategic corrections and optimistic rebounds. Prices saw a round of adjustment to stand at $0.00032797 by 9th April 2024 after peaking at a high of $0.00065322 on 25th March 2024. Despite such moves, however, BEFE’s volumes tell a story of increased interest and resilience. From the outstanding volume of $1,053,920 on March 25, fluctuations did not stop until the highest value registered was $1,722,236 on March 24 before BEFE finally stabilized around the range of $300,000-$400,000 in early April. This pattern keeps indicating vibrant market activity and investor engagement with BEFE.
The Final Say
With SOL coming to grips with congestion, BEFE Coin’s impressive performance depicts a potentially optimistic investment opportunity, but it should be exercised in volatile markets. We recommend you buyers to DYOR before deciding on your final BEFE plunge.
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Buy BEFE coin from the below exchanges now!
Buy on Gate.io – BEFE/USDT
Buy on MEXC – BEFE/USDT
Buy on Pancakeswap
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