The Solana price is struggling to maintain momentum despite celebrating its fifth anniversary, as SOL battles market-wide declines and issues surrounding meme coin scams. Meanwhile, Toncoin (TON) is making waves, surging 36% after major news surrounding its founder.
But the real surprise in the market is DTX Exchange (DTX), a revolutionary altcoin that experts believe could reach an all-time high before SOL hits $300. With DTX’s hybrid exchange model, and growing global demand, investors are rushing to get in before its tier-1 exchange listing.
Solana Price Faces Resistance: Will Bulls Take Back Control?
The Solana blockchain is celebrating five years since the mainnet beta was first launched, which is another significant turning point in the network’s development and expansion. The SOL team said in its fifth-anniversary post that over the past five years, the chain has completed over 408 billion transactions, drawn over 1,300 validators, and achieved volumes of over $1 Trillion.
Even though SOL users were celebrating the five-year milestone, the SOL tokens declined to join the celebrations as the Solana price began to decline. The sixth-largest cryptocurrency asset in the world by market capitalization was trading at about $132 as of the press time, down over 25% monthly. According to SOL’s 24-hour chart, the Solana price has increased 7%.
SOL’s downward trend is not isolated since the whole cryptocurrency market has been declining recently. Still, it is reasonable to conclude that the SOL troubles with meme coin scams and frauds may be one of the reasons why the Solana price is struggling to reclaim the $300 price.
Toncoin Price Surges 36%: What’s Driving the Rally?
Following news that Telegram creator Pavel Durov had been granted permission to temporarily depart France, the price of Toncoin (TON) surged by around 20%. After months of declining value, Toncoin experienced a spike to $3.72.
Toncoin’s open interest also showed a robust market response. According to CoinGlass data, TON’s open interest increased 67% in a single day to $169 million. Since February, this is the highest level. On-chain data further backs up this trend. The number of daily TON transactions increased significantly following the announcement of Durov’s travel permit. Adding to the bullish outlook, Trader Edge on X suggests that TON could move towards $4.60 soon.
DTX Exchange: The Viral Altcoin Poised for an Explosive Launch
While the Solana price struggles to reclaim its previous peak and Toncoin faces a spontaneous recovery, experts have found an altcoin that can deliver massive gains before SOL and TON.
DTX Exchange (DTX) is a new utility altcoin that is becoming famous for its upcoming trading exchange platform. This platform sets itself apart by making use of a novel hybrid approach. Through this approach, it closes the gap between centralized and decentralized exchanges, by offering custody benefits of DEX and performance matching that of CEX.
It is all set to be the first crypto-native exchange that will give traders access to over 120,000 financial products. These will cover a wide range including equities, bonds, ETFs, cryptocurrencies, and much more. This unified trading interface approach aims to minimize the hassle of managing several platforms.
VulcanX, a layer-1 blockchain solution, backs the platform’s unique features. It is a hybrid blockchain that addresses the limitations of only public and private networks. Its testnet recently went live on the platform giving over 200,000 TPS, being one of the fastest in the industry.
DTX Exchange’s ongoing presale has consistently captured the headlines, owing to the massive hype surrounding it. The presale recently concluded its 8th stage. However, due to a massive surge in demand, they started a bonus presale round, giving investors a final chance to grab DTX tokens.
The presale has already raised over $16 million in funding. Currently, in the bonus round, each DTX token is available for only $0.18. This price has already generated massive returns for all of its early investors. The token is all set to be listed on a tier-1 exchange at $0.36 in Q2 2025. This presents a perfect opportunity for investors to 2x their capital.
To know more about the DTX Exchange ecosystem, Check out:
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