DTX Exchange (DTX) Emerges as a Solana (SOL) Rival, Raising $1.6 Million in Presale
DTX Exchange (DTX) has emerged as an avalanche in the DeFi space raising about $1.6 million within a few months. The recent testnet upgrade on the DTX platform is being considered a Solana-killer.
Solana (SOL) is an established cryptocurrency in the crypto space known for its incredibly short processing time. The Solana (SOL) blockchain, standing at 5th rank, uses a proof-of-stake mechanism to provide smart contract functionality. But SOL is struggling with its momentum as a new DeFi token steps into the picture.
DTX Exchange (DTX) has emerged as an avalanche in the DeFi space, raising about $1.6 million within a few months. The recent testnet upgrade on the DTX platform is being considered a Solana-killer
Analysts are tilted towards the DTX platform eyeing its 25x potential. Let’s analyze the current price actions of Solana (SOL) and DTX Exchange (DTX) and view their differences in detail!
Solana (SOL) Struggles: Plummets By 17%
Solana (SOL) has been struggling with its momentum in the current bull run as the altcoin continues to tumble each passing day. Solana (SOL) has lost momentum by a considerable 17%, reaching the $153 mark.
Some analysts attribute this loss of momentum to the general market sentiment while others blame emerging platforms like DTX Exchange. Solana (SOL) has been struggling ever since the market crash of 5th August. Even the daily charts show a slump of 4%, making the daily chart ruled by a persistent red candle.
There is an increase of 22% in the 24-hour trading volume, however, the market cap shows a decline of about 4% within a day. Market analysts reveal that the SOL whales have been investing in better investment opportunities that promise colossal gains. On-chain data shows a shift of SOL whales to emerging platforms like DTX Exchange.
Comparison Between Solana (SOL) And DTX Exchange
Solana (SOL) blockchain is outshined by the emerging DTX Exchange (DTX) platform. The testnet feature of the latter has posed daunting challenges to the well-established Solana (SOL) network.
Known for its fast processing time and proof-of-stake mechanism, the Solana (SOL) network lacks the promising 1000x leverage of DTX Exchange. The hybrid trading model of DTX has become a threat to Solana (SOL), with a low-cap investment of $0.04.
Whales are drawn to DTX Exchange due to its testnet upgrade, low-cap investment, and 25x ROI potential, making it superior to Solana (SOL)!
DTX Exchange (DTX) Is In Vogue Due To Tesnet Upgrade!
The impeccable amalgamation of the best features of CEX and DCEX have made DTX Exchange (DTX) a disruptive force in the DeFi space. Augmenting the advantages, the testnet upgrade has emerged as a magnet for investors!
Developers can test, find issues, and make sure their code works as intended on the DTX testnet before releasing their work on the live blockchain. This upgrade has made DTX a Solana-killer since it is essential to the growth and upkeep of other cryptocurrencies!
The platform is recognized for its amazing features, which include distributed liquidity pools and 1000x leverage. The prospective benefactor of this liquidity flow, DTX, catches the attention of analysts. As the DTX token only costs $0.04 to invest, both seasonal and institutional investors have been drawn to it.
DTX token is poised to provide explosive returns of up to 50x, as the presale progresses. The platform has readily raised an astonishing amount of $1.64 Million on 90% completion of presale stage 2. Market experts suggest investing in the token before it surges in the upcoming stages.
Key Takeaways
Learn more:
Buy Presale
Visit DTX Website
Join The DTX Community
The above is the detailed content of DTX Exchange (DTX) Emerges as a Solana (SOL) Rival, Raising $1.6 Million in Presale. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
Rollblock (RBLK) vs Solana (SOL): Which Will Dominate the Future of Crypto Gambling?
Nov 09, 2024 pm 09:18 PM
Rollblock is presenting a strong argument to surpass even Solana in terms of ROI in 2025. With unprecedented levels of openness and reliability, this newcomer to the crypto gambling scene is shaking things up.
Various ETF issuers compete to apply for Solana ETF! But why is BlackRock still absent?
Mar 03, 2025 pm 06:33 PM
Many ETF issuers are scrambling to apply for SolanaETF, but BlackRock is still holding back? This article will interpret this phenomenon. SolanaETF application boom The Securities and Exchange Commission (SEC) has accepted SolanaETF applications submitted by several institutions, including Bitwise, 21Shares, VanEck, CanaryCapital and Grayscale. Bloomberg predicts that the probability of Solana spot ETF being approved by the end of the year is as high as 70%, which is closely related to the Trump administration's friendly attitude towards cryptocurrencies. The establishment of Franklin's "Franklin SolanaTrust" also implies its potential application for SolanaETF. However, Sol
How to Find the Next Peanut the Squirrel (PNUT) Solana Memecoin That Could Rally to Astronomical Heights
Nov 15, 2024 pm 03:34 PM
Solana memecoins continue to make waves in the crypto space with the newest memecoin that has taken the crypto space by storm, Peanut the Squirrel (PNUT) token
Have you applied for SOL's ETF? Learn about the application process of SOLANA ETF in one article
Mar 03, 2025 pm 09:00 PM
Solana (SOL) ETF application: In-depth analysis and future prospects In the near future, there is a surge in crypto ETF applications, which is closely related to the SEC's increasingly friendly attitude towards cryptocurrencies and its clear approval rules. As a mainstream cryptocurrency, Solana (SOL)'s ETF application progress has attracted much attention. This article will conduct in-depth discussion on the current status, impact and future prospects of SOLETF applications. Current status of SOLETF application. Several institutions have submitted SOL spot ETF applications, among which Grayscale is particularly eye-catching. It plans to convert Solana Trust Fund into spot ETF, which will further expand its influence in the digital asset market. If approved, the ETF will be listed on the New York Stock Exchange under the code
Why did Solana go bankrupt? Is the reason why PI coins are listed on Binance?
Mar 03, 2025 pm 09:54 PM
Solana's recent price decline may be related to the potential Binance listing speculation of PiCoin (PI). Binance's poll showed that 86% of participants supported the listing of PI coins, which could attract a large amount of capital to flow into PI, causing some Solana investors to turn to PI. Solana's price plummeted: Will PI coins replace SOL and become the first choice for investors? Solana (SOL) prices have fallen sharply recently, falling 16% last week and 37% last month. Loss of key support levels has heightened investor concerns. While the overall crypto market downturn is partly responsible, the panic selling of traders has exacerbated the decline. Solana network activity has dropped significantly, with transaction volume plummeting from $1.99 billion in November 2024
Solana is full of ecological crisis, SOL prices are under pressure and fall
Mar 04, 2025 pm 12:03 PM
Solana Ecology: The cold winter in the storm and the future challenges. The Solana Ecology has encountered unprecedented difficulties recently. The price of its native token SOL continues to fall, and its future development is full of uncertainty. The combination of multiple factors has led to the current severe situation. 1. Shadow of FTX Bankruptcy The 11.2 million SOLs to be unlocked in the FTX bankruptcy auction are worth up to US$2.06 billion, which puts huge pressure on the market. Institutional investors who previously purchased SOL at low prices may choose to take profits, triggering large-scale selling. However, the current trading volume and activity of Solana ecosystem are sluggish, making it difficult to effectively bear the selling pressure. 2. The Meme currency trust crisis LIBRA incident hit the trust foundation of the Solana ecosystem hard. The trading team
Will the Solana ETF be approved in 2025? SOL ETF debuts at DTCC
Mar 04, 2025 am 09:06 AM
SolanaETF: Will it be approved this year? What impact will it have on the market? After Bitcoin and Ethereum spot ETFs were approved, the market's attention turned to the next potential ETF target: Solana. Several companies have submitted SolanaETF applications, triggering heated discussions in the market about the possibility that SOL spot ETF will be approved this year. Latest progress of SolanaETF Recently, VolatilityShares' two Solana futures ETFs have been included in the US Securities Centralized Custody and Settlement Company (DTCC) list, indicating that the SolanaETF ecosystem has entered a critical stage and has also increased the expectation of SOL spot ETF approval. DTCC plays a central role in global financial markets, and its list means these
What is the Jupiter platform? What is the relationship with Solana? One article will give you a complete analysis
Mar 03, 2025 pm 07:36 PM
Jupiter: Leading DEX Aggregator in the Solana ecosystem This article will explore Jupiter, the leading decentralized exchange (DEX) aggregator in the Solana ecosystem. Jupiter integrates the liquidity of multiple DEXs to provide users with the best price, lowest slippage and efficient trading experience. Jupiter's core advantages: Price advantages: By aggregating multiple DEXs, ensure that users obtain the best transaction price. Speed Advantage: Use Solana's high TPS to achieve extremely low transaction latency. Fee Advantage: Solana's Gas costs less than other blockchains. Jupiter main functions: 1.DEX aggregation: J