DeFi Coin Targets 1,000% Surge in 2025 Amid Ethereum and Solana’s Bearish Struggles
January 1, 2025
After the historic run, the crypto market bowed to selling pressure in December. Even Bitcoin has plunged from the $100k level. Also, Ethereum (ETH) and Solana (SOL) are struggling on the charts. Despite the bleak outlook of the crypto market in December, DTX Exchange (DTX) managed to maintain its bullish momentum.
While many top crypto coins plunged, the DTX coin extended its rally by $0.14, an increase of 600%. DTX has also secured more than $11.2 million in funding, making it a formidable force in the DeFi market. The investors are excited about this new project as it aims for a 1000% increase in 2025, thanks to its unique hybrid trading platform.
Ethereum (ETH) Price Movement Remains Bearish
Even with 2025 around the corner, Ethereum (ETH) continues to trade within a narrow range. The price of the altcoin has been consolidating between $3,309.16 and $3,512.12 in the past week, signifying high bearish pressure among investors. Interestingly, this downtrend comes as Blackrock’s Ethereum ETF surpasses over $3.5 billion in holdings. Unfortunately, this accumulation has not had the desired effect on the Ethereum coin.
Analysts are still positive on the Ethereum crypto. FinanceAstrology believes the altcoin could skyrocket to $6,300 in 2025. According to them, the cryptocurrency is forming an inverse head and shoulder pattern. This is a bullish reversal signal that could lead to a massive surge. On the other hand, Ethereum’s relative strength index is rising gradually and could cross the midline soon.
Solana (SOL) Could Rally If It Holds Strong Support
Solana (SOL) has not been spared from the downtrend in the crypto market. The cryptocurrency which rose to a peak of $263.83 has fallen down the charts. Data from CoinMarketCap shows the Solana price has dipped by 18.4% on the monthly chart and 10.7% on the biweekly level. Ali Martinez, a top analyst told his followers to watch out for the support zone between $180 and $190. Losing this support could lead to a downtrend.
McKenna forecasts the price of the Solana coin could pump to $400 in 2025. The analyst also confirmed the strong support around the $180-$190 level. In the meantime, the Solana crypto faces resistance at $196.24 and $201.32. Based on technical analysis, the sentiment surrounding the DeFi coin is bullish. The Hull Moving Average (9) and VWMA (10) indicators are in the buying territory which shows bulls are gaining momentum.
DTX Exchange (DTX) Set To Transform the Crypto Trading Space
DTX Exchange (DTX) is revolutionizing the crypto market through its innovative model of trading, support, and interface. Get ready to be blown away as you get to trade and access 120,000 asset classes such as cryptos, forex, tokenized ETFs, commodities, and stocks. The key to this revolution is the VulcanX blockchain, a technological wonder that is highly efficient and fast.
In its testnets, this innovative chain reached an incredible speed of 0.4ms and can handle an incredible 100,000 TPS. To be precise, Solana, which is known for its blockchain speed, reportedly has a throughput of 60,000 TPS in theory. This makes VulcanX one of the fastest blockchains in existence, and it has set a new record in the industry.
Additionally, DTX Exchange gives high-risk traders the leverage of 1,000x, which means they can increase their profits. DTX also values the anonymity of its users with no need for KYC to gain full access to the platform. Currently, in the presale stage, the DTX token is trading at $0.14, a rise of over 600% in the past few months.
DTX Exchange, The Best Crypto Investment To Watch Out For In 2024
While Ethereum (ETH) and Solana (SOL) are experiencing bearish trends, DTX Exchange could be the altcoin that will deliver huge gains to investors in 2025. This DeFi giant has already raised more than $11.2 million during its 2024 presale and is on the verge of providing mind-blowing profits of up to 1000% in 2025.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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