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DTX Exchange is outperforming gains recorded by Solana and Binance Coin amid recent market developments.
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As Solana (SOL) and Binance Coin (BNB) recorded modest gains, DTX Exchange (DTX) has attracted many investors with its presale success and massive growth potential. Solana recently experienced increased on-chain activity, while BNB saw a resurgence driven by positive news about Binance co-founder Changpeng Zhao’s release.
Despite these developments, investors have turned to DTX, a DeFi project with a hybrid blockchain model, promising long-term growth in the crypto space.
Solana whale activity favors upside momentum
On September 25, 2024, on-chain data revealed that a Solana whale unstaked 200,000 SOL tokens in three days. The investor then deposited these SOL tokens, worth around $30 million, to the Binance exchange.
Historical data showed that the same whale unstaked and sold 1.2 million SOL, worth $178 million, between June and July. The move caused Solana to drop from $170.15 to $125.17 within three weeks.
Meanwhile, the Coinbase exchange has bet on the Solana blockchain as it confirmed its plans to introduce Coinbase’s new “cbBTC,” a wrapped Bitcoin asset, to Solana’s network.
Based on DefiLlama data, Solana DEX networks managed more than $5.17 billion in weekly volume as many memecoins spiked. In that context, all these developments pushed SOL’s price considerably higher.
On September 27, SOL was valued at $157.36, up 7.04% in the last week. Experts believe SOL will rise to $176.85 in October, fueled by bullish trends in the crypto industry and developments on its network.
BNB’s resurgence: Factors behind the recent price surge
BNB registered a significant uptick in the last week of September 2024. Amid the growing bullish sentiment, BNB regained $600.15, a level last seen in July. According to analysts, BNB is on track for a new peak before the end of the year. The last quarter of the year is normally bullish, and analysts expect BNB to surge considerably.
Several factors have helped push the price of BNB higher. Among them is the release of the Binance exchange co-founder, Changpeng Zhao. According to Fortune, Zhao was released from custody on September 27, two days before his official release date.
BNB has responded positively to the news in the past week and has maintained an upward trajectory.
On September 27, BNB was trading at $606.35, up 5.27% in the past week. Analysts say BNB will rise to $655.52 in October, supported by increased demand for the coin. Despite the impressive BNB gains, investors are buying DTX in its presale to boost their portfolios.
DTX Exchange: Changing DeFi with unique features
DTX Exchange is a DeFi platform rapidly gaining popularity and has disrupted the crypto trading market with its advanced Layer 1 protocol launch and an impressive presale rally. While Solana and BNB have surged mildly, none can compare to the expected growth of the DTX Exchange.
Remarkably, DTX Exchange offers an exclusive zero-commission policy, quick trade execution, and near-instantaneous withdrawals, which create optimal trading environments for investors.
Furthermore, DTX Exchange adheres to all the regulatory standards that create a compliant and secure investment platform. Hence, DTX Exchange allows traders to invest funds confidently and make profits in the crypto industry.
The DTX Exchange protocol features a hybrid blockchain that integrates CEX and DEX features. This exclusive blend offers an intuitive user experience and delivers end-to-end and high-quality encrypted security protocol, benefiting investors massively.
Also, DTX Exchange rewards users to remain active on the platform. These initiatives power more inflows towards DTX’s presale and enable it to rank among established projects like Solana and BNB.
DTX token owners can access analytical tools to help them explore and benefit from the market. These holders also enjoy governance voting rights. Currently, in Stage 3 of its public presale, each DTX token is valued at $0.06. Early investors have already made 200% ROI. The price of DTX will gain 33% as it transitions to Stage 4 of its presale, valued at $0.08.
Amid the massive growth potential, Crypto Influencer and YouTuber Crypto Legends said DTX will gain 5500% once it starts trading in the mainstream markets.
DTX Exchange overshadow Solana and BNB market gains
While Solana and BNB have posted some gains, DTX Exchange stands as the top investment opportunity in the current market. SOL and BNB have seen positive developments in their networks, helping push their prices higher.
However, the rapid growth of DTX Exchange, underpinned by its unique hybrid blockchain, positions it as a project with long-term growth potential. The DTX presale success also signals considerable upside movement for early investors. The DTX price is projected to reach $0.12 upon launch, and now is the time to secure 100% gains!
For more information, visit the DTX Exchange presale website or join the online community.
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This article first appeared at crypto.news
