Polkadot (DOT) has long been among the leading coins due to its multi-chain interoperability and scalability. In November 2021, it reached an all-time high (ATH) of approximately $55. While the Solana price recently achieved a fresh ATH, DOT is still struggling because of its multi-year correction.
On the other hand, DTX Exchange is breaking records left, right, and center. With its rapidly selling presale, it is on its way to becoming one of the hottest coins in the crypto market right now. With over $13.65 million raised, DTX has entered the last presale round and shows no signs of slowing down as the remaining tokens are quickly selling out.
Polkadot (DOT) Network Shows Growth, But DOT Price Disappoints
Messari’s latest report highlights Polkadot (DOT)’s major achievements in 2024. According to its Q4 analysis, monthly transactions surged from 20 million in January to nearly 60 million by November. DOT’s market capitalization also jumped 71% quarter-over-quarter, driven in part by the launch of Snowbridge, a trustless bridge connecting Polkadot (DOT) and Ethereum, in June 2024.
Source: CoinMarketCapHowever, despite these developments, the Polkadot (DOT) price has crashed by 58% from its December high. With a market cap of $7.5 billion, it now ranks 22nd in the crypto world. As of now, DOT is trading at $4.85, and its momentum has remained flat for 24 hours. With Polkadot (DOT) 2.0 on the horizon, the network plans to introduce Elastic Scaling in Q1 2025 to enhance transaction capacity and efficiency.
Time For Solana Price Rebound?
Things have been pretty good for Solana (SOL) in recent months. On January 19th, the Solana price reached a new all-time high of $295. However, last week’s crypto market crash caused heavy selling, driving it 31% below the peak. In the fall, the Solana price has been trading inside the descending channel pattern, and currently, it is hovering above the upper trendline of the channel.
Since the previous swing low, the Solana price has increased by nearly 10%. Amid this short recovery, investors are discussing whether it is a trend reversal or just a dead cat bounce. The local resistance of $220 will be a threshold for a fresh uptrend, while a breakdown below $190 will invalidate the bullish view of the Solana price.
DTX Exchange: The Crypto Changing $120 Trillion Sector
DTX Exchange (DTX) is solving a huge problem of governance and efficiency in the trading industry, which is worth over a hundred trillion dollars. Traders have been burdened with high trading fees and have less efficient platforms that take money from them due to slippage and account management. DTX Exchange is a fully decentralized platform that works to enhance trader experience through its innovative hybrid technology.
The DTX platform offers an order transaction speed of 0.04 seconds and the lowest fee structure in the industry. Moreover, its proprietary hybrid protocol allows users to trade in more than 120,000 asset classes, including crypto, forex, commodities, and stocks, in a single platform.
DTX Exchange will run on the VulcanX layer-1 blockchain, which has achieved an incredible speed of 200,000 transactions per second, faster than Solana’s 65,000 TPS. VulcanX also helps reduce the platform’s trading fee and provides governance rights to token holders.
As the presale progresses, each DTX token is priced at $0.16. In the final stage, over 75% of tokens are sold out, so investors must act quickly to participate. DTX Exchange is the next crypto with actual use and strong growth potential, which is challenging the developments of Polkadot (DOT) and Solana price trajectory.
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
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