The crypto universe gears up for substantial gains as the Solana ETF approval date news creates a buzz in the bull market. Analysts reveal that Solana ETF is scheduled for March 2025. This news comes with the start of market recovery as Solana’s price exhibits a surge of 6%, outperforming other assets.
The market’s bullish momentum affects LINK as the Chainlink price also surges. Analysts suggest that the general bullish momentum can be attributed to the German Government’s decision to liquidate its Bitcoin holdings. Following the positive trend, Chainlink’s price shows a three-day rally to rise 6%.
DTX Exchange replicates a similar pattern with its presale raise crossing $900,000. The platform now sets a target of 10 Million users.
Solana ETF Approval Creates Buzz: Launch Date Set For March 2025
Solana ETF approval has been the talk of the crypto sphere for quite some time. This is because the approval of Solana ETF can have various implications for the market such as attracting institutional investors, increasing Solana’s liquidity, and increasing price volatility as well.
Investors have been glued to the developments related to Solana ETF as the SEC’s decision and the US presidential elections can have massive impacts on it. Focusing on the market impacts of Solana ETF approval, market analysts have been closely monitoring it and the Solana price movements.
Recently, the news of Solana ETF approval in March 2025 has created a market frenzy. Analysts say that July can be decisive for Solana. The future looks very promising for SOL tokens as Solana ETF approval awaits massive constructive transformations. Solana ETF approval can catalyze the digital asset’s journey to new heights.
Chainlink Price Prediction: Whales Amassing 12.75 Million LINK
The Chainlink price stabilizes above the $12.2 mark regardless of the ongoing market consolidation. LINK’s current position creates a strong accumulation point for buyers as the horizontal level accompanies the support trendline of the falling wedge pattern. The increased demand pressure has uplifted the asset to $13.12, with a market cap jump to $7.97 billion.
Recently, lookonchain has reported a rapid accumulation of LINK coins by unidentified entities like institutional investors or whales. 93 new whale wallets have been identified withdrawing an approximate amount of 12.75 million LINK tokens valued at roughly $167 million, since June 24, 2024.
A similar incident was reported at the beginning of June, where Coingape reported whale-buying activities. Thus LINK has been under a recurring pattern of accumulation. These accumulatory phases are sure to have a massive impact on Chainlink’s price.
The technical analysis sheds light on a potential breakout for Chainlink’s price as the Bollinger Band indicates the sellers have not thrown the towel yet, hinting at the extension of the ongoing consolidation. The RSI indicates an entrance of market sentiment to a neutral territory. Analysts reveal that the Chainlink price could surge 24.6% to $16.34 shortly. DTX Exchange shows a similar rally in its presale stage 2.
DTX Exchange (DTX) Sets Sight On 10 Million Users
DTX Exchange (DTX) has revolutionized trading with its unique and comprehensive solutions to trader’s challenges. The platform has been the talk of the town with its meteoric rise in the DeFi space. The platform offers a one-stop shop to traders, giving access to over 120,000 crypto assets.
The features of no KYC requirements, profit shares, trading bonuses, 1000x leverage, and copy spot trading have made it an avalanche in the bull market. DTX Exchange has readily raised over $938,000 in the second stage of its presale. The token, priced at $0.04, acts as a magnet for investors.
The platform offers lightning-fast execution speed, ensuring that traders do not miss a beat in the fast-paced crypto sphere. DTX Exchange provides the most robust reference material at a click. It offers a wealth of charts, graphs, and analytical tools, empowering traders to make the best possible decisions and stay ahead of the curve.
Key Takeaways
- Solana ETF approval is expected in March 2025.
- Chainlink price is likely to surge as whales accumulate LINK.
- DTX Exchange rules the DeFi space, witnessing an increased investor interest.
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