Solana (SOL) has seen substantial growth in its ecosystem in the last few years. This is why it is the 5th largest cryptocurrency, with a market cap of $70.9 billion. Solana has increased around 12% in the last two days, breaking from the descending trendline in July this year. The crypto analyst expects this to start the bull rally in Solana (SOL) and could take the SOL price above $200.
Another analyst’s analysis pointed out that the emerging hybrid platform DTX Exchange (DTX) is seeing high accumulation by big investors. This analysis came after DTX raised $2.7 million in the first week of the third stage.
Recent Developments In Solana (SOL) Which Could Affect Long-Term Price
Solana (SOL) recently hit a major milestone, surpassing 75 million active addresses and setting a new all-time high for the network. This jump reflects a surge in user activity fueled by the rapid growth of dApps, NFTs, and DeFi projects on the Solana blockchain. From 40 million active addresses in early 2023, the number soared to 75.2 million by mid-September.
Today, Solana (SOL) also unveiled its first handheld Web3 gaming device, Play Solana Gen1 (PSG1). The preorder details for PSG1 will be announced tomorrow at the Solana Breakpoint Conference.
Following the release of the Saga phone and the Solana Seeker, Solana (SOL) is now making strides in the gaming world with the PSG1, expanding its reach into blockchain-integrated hardware.
VulcanX Feature Attracting Traders Towards The DTX Platform
The VulcanX launch on the DTX Exchange has created a lot of buzz. It attracted more people to the platform. This version is a combination of centralized exchanges (CEX) and decentralized ones (DEX). A significant aspect is that DTX token holders can use their tokens to pay trading fees at a discounted rate, which will lead to more vibrant trading and reduced costs for users.
Besides the launch of VulcanX, DTX Exchange also has a loyalty program to increase the number of participants. These DTX tokens are bestowed upon users who regularly participate in different programs, activate their accounts on time, or just chill out on DTXs, thus keeping the community in coherence and unity.
DTX Exchange Providing One In All Platform For Trading
DTX Exchange offers access to over 120,000 asset classes, including gold, bonds, and cryptocurrencies, without requiring KYC checks at sign-up all in one platform. DTX is reshaping trading as a hybrid platform by providing up-to-date strategies and advanced risk management tools. With its global reach, AI-powered systems, and lightning-fast transaction speeds, DTX is poised to climb the market rankings.
The platform processes transactions in just 0.04 seconds on average, giving traders a competitive edge by allowing them to act instantly. This speed helps investors secure profits while others are still waiting in line.
Currently, it is in the third stage of the presale, and the tokens are priced at $0.06. According to the experts, the current valuation of DTX Exchange is low, and at the time of listing, the price can soar to $0.12.
Learn more:
Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.