- November 24, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post Solana (SOL) and Chainlink (LINK) Skyrocketed Despite BTC Dominance – Will This New Exchange-Based Crypto Flip BNB? appeared first on Coinpedia Fintech News
Like they say, it’s Bitcoin’s world; altcoins are just there for the ride. The flagship crypto continues its explosive growth, surpassing $99,000 this week. Despite BTC’s dominance, Solana (SOL) and Chainlink (LINK) skyrocketed, eyeing further gains.
Meanwhile, DTX Exchange (DTX), a new exchange-based crypto, has been hailed as the future of trading. Its innovative blend of the best elements of CEX and DEX makes it a strong contender, tipped to flip BNB.
DTX Exchange (DTX): A New Exchange-Based Token to Watch
DTX Exchange (DTX) as a hybrid trading platform doesn’t conform to the norms. Instead, it will combine CEX and DEX’s best elements—a hybrid trading platform. It is the hottest new DeFi project and as a result, poised to take the crypto world by storm.
Unlike existing exchange protocols, its trading protocol will feature elements like wallet-based trading and non-custodial storage solutions. Users will be able to trade thousands of assets across stocks, bonds, ETFs, forex and cryptos via a unified wallet without requiring traditional bank accounts. Moreover, its non-custodial storage solutions will eliminate the need to trust a central authority with assets and funds.
On track to reshape the $10 billion global trading space, it is a new exchange-based to watch out for, tipped to outpace BNB. It has been selling out fast in presale—over $8.3 million has been raised in early funding, laying claim to being this year’s best presale. A token costs only $0.10 in the fifth round and is tipped for a 100x upswing post-launch, potentially outperforming Solana (SOL) and Chainlink (LINK).
Solana (SOL) to Lead the Bull Cycle?
Solana (SOL), the fourth-largest cryptocurrency after flipping BNB, continues its upward charge. The Solana price skyrocketed 22% in the past seven days, crossing $250. It soared over 50% on the monthly chart, cementing its status among the top crypto coins.
The coming days and weeks promise even further gains. Aiming for a breakout above the 2021 all-time high of $260, SOL is one of the altcoins to watch. Technical indicators like the 20-VWMA and 9-HMA are buy signals hinting at price upswings.
Moreover, analysts maintain a bullish stance, calling it a Solana supercycle. Paper_hands92, a crypto analyst, has $1600 as their Solana price prediction for this bull cycle. Meanwhile, blue_collarvest’s price prediction for SOL in 2025 is $1,300.
Chainlink (LINK): A Top Crypto to Watch
Chainlink (LINK), one of the top altcoins, trades upward. Despite BTC’s dominance, the Chainlink price gained traction, up 15% on the weekly chart. It gained 25% in the past month, rising from a low of $10.
Aiming for a breakout above the $18 resistance, it could skyrocket above $25 in the coming days. The LINK price trading above the 10-EMA and 10-SMA are key indicators suggesting further upswings, positioning it among the best cryptos to invest in.
Moreover, experts are optimistic about a rally above $52, the 2021 all-time high. Modest Chainlink price prediction hints at a rally above $100 at the peak of this bull run while more ambitious ones suggest a rally as high as $250. With the coming months promising to be explosive, LINK is among the best altcoins to buy.
DTX Exchange (DTX): A New Token to Watch Beside Solana (SOL) and Chainlink (LINK)
DTX Exchange (DTX), a new altcoin at the intersection of TradFi and DeFi, combines the best elements of CEX and DEX, making it one of the fastest-rising stars. Its innovative approach to trading and significant growth prospects make it a great bet alongside top altcoins like Solana (SOL) and Chainlink (LINK).
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