Solana (SOL) has steadily climbed the market cap rankings, recently surpassing Binance Coin (BNB) as demand for SOL surges. Despite Solana’s significant price growth,
DTX Exchange (DTX)
Also making headlines was ICO, which raised over $7.05 million in pre-ICO funding. With these two projects attracting investor attention, is there a clear shift in momentum in the crypto space? Here are the details!
Solana Price (SOL) Surges 30.7% After US Election
Since the US election,
Solana Price
A sharp recovery of 30.7% from $156.4 per SOL presents an impressive 9% growth in the last 24 hours. SOL has reached its all-time market cap peak of $95.98 billion, surpassing Binance Coin (BNB). With the market share now at 3.58%, Solana price continues to trade above its 100-day and 200-day simple moving averages.
according to
CoinMarketCap
According to data from , Solana price prediction sentiment has risen by 85%. With 17 green trading days in the past 30 days, SOL is rapidly approaching its all-time high, supported by institutions such as Canary Capital and Grayscale. In addition,
Solana’s TVL
Its top 14 protocols have grown by over 10% in the past week.
Binance Coin (BNB)’s fateful moment: What’s next for the fifth-largest cryptocurrency?
In the past month,
BNB
With 15 green trading days, its trading trajectory has remained above its 100-day and 200-day simple moving averages. This is due to BNB Chain's new tokenization service, which enables codeless asset tokenization and promotes the adoption of the Gas-Free Carnival initiative. The chain's scalping model resulted in a burn rate of 4.5% in Q3, stabilizing prices amid market declines.
Despite these positive developments, BNB has only recorded 3.4% growth over the past week compared to Solana (SOL), highlighting the ongoing volatility challenges facing Binance. Despite BNB outperforming 70% of the top 100 cryptocurrencies,
CoinCodex
The Binance Coin price is predicted to simply rise by 20% by December 2024. The current sentiment towards BNB remains largely neutral as SOL continues to widen the market cap gap.
Assessing the long-term growth potential of DTX Exchange
Hailed as the best presale in Q4, DTX Exchange (DTX) can be seen as a wave that no one wants to miss. This innovative platform combines the advantages of centralized and decentralized exchanges to redefine the trading experience. Promising to revolutionize the $30 billion trading market, DTX has become one of the most promising cryptocurrencies.
DTX Exchange
Designed to maximize capital utilization and ensure that investors of all wealth levels have the opportunity to participate, the exchange platform ensures that traders have access to sufficient liquidity, making trading smoother and more efficient.
It aims to enhance liquidity through distributed liquidity pools, provide offline storage for wallet phrases, expand asset classes through tokenization, enable financial inclusion through wallet-based trading, and solve challenges faced by traders and institutions.
Moreover, its high potential upside has fueled investor interest, pushing its pre-sale to over $7.05 million. Currently in its fourth round of pre-sale, DTX tokens are valued at $0.08 each. This DeFi project highlights a potential disruptor in the market to challenge established players such as Binance Coin (BNB) and Solana (SOL).
learn more:
Buy Pre-Sale
Visit the DTX website
Join the DTX community