Chromia is an open-source public blockchain developed by Swedish company Chromaway AB. It is currently trading at $0.92 and is up 5% today. This article explains what Chromia is, whether Chromia is worth investing in, and the best places to buy Chromia right now.
What is Chromia?
Chromia is a standalone Layer 1 blockchain and EVM-compatible Layer 2 extension for Binance Smart Chain and Ethereum.
It is designed to enhance existing dApps and enable the creation of next-generation dApps by providing scalability, enhanced data processing, and customizable fee structures.
The blockchain uses a unique architecture called relational blockchain and a custom programming language called Rell.
Very similar in code and functionality to SQL, Rell allows developers to take advantage of the security and immutability of the blockchain while storing and processing data with the efficiency of a relational database.
Each dApp running on Chromia operates on its own sidechain, rooted in the main blockchain. This allows each application to scale more efficiently and gives each application developer the freedom to choose from a variety of fee structures.
Should I buy Chromia today?
It can be a profitable investment, but take the time to read at least several price predictions before committing.
Chromia Price Prediction
Price Prediction predicts long-term growth. In 2022, they expect the price of Chromia to reach at least $1.25. It may go up to $1.49 this year. In 2023, the price of Chromia is expected to reach a minimum of $1.82 but a maximum of $2.23, with the average price being $1.89 throughout the year.
The following year, Chromia is expected to trade at a minimum of $2.62. Eventually, the price is expected to reach at least $3.76 in 2025.
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