The trading aspect of crypto is perhaps the most important, estimated to reach $347 billion by 2030. Imagine combining this market with a traditional one like the stock market, valued at $109 trillion in 2023. This intersection between DeFi and TradFi, despite being in its infancy, is a massive market ripe for plucking.
DTX Exchange (DTX), a new trading platform that aims to bridge the gap between traditional and decentralized finance, is at this crossroads. Its hybrid approach to trading will combine the best elements of CEX and DEX, hailed as the next big thing after Solana (SOL) and Ripple (XRP).
DTX Exchange (DTX): The Best New Crypto to Invest In
DTX Exchange (DTX) is an innovative player at the intersection between TradFi and DeFi. Its hybrid exchange platform will offer a one-stop trading platform for all trading needs alongside decentralized principles like non-custodial storage solutions and wallet-based trading.
The trading platform is scheduled to launch in Q1 2025, sparking much excitement alongside the anticipated ETF trading. Products already launched before the token’s listing are the Phoenix Wallet—a unified wallet for stocks, cryptos and forex—and the VulcanX blockchain.
Moreover, it has registered over 300,000 user addresses, highlighting growing investor interest, with more than $10.5 million raised in early funding. In the sixth round of the ICO, a token costs just $0.12 and is primed for a 6,000% rally after listing, hailed as the next big thing after Solana (SOL) and Ripple (XRP).
Solana (SOL) Retests $200
Solana (SOL) experienced a downturn following the latest market decline. It tumbled from a weekly high of $215, recently retesting $200. Zooming out a bit, there has been a 25% decline from its November all-time high of $263, sparking concerns.
On the flip side, it has experienced a 70% gain on the yearly chart. Despite the rising selling pressure, the Solana price trading above the 10-SMA and 10-EMA suggests a bullish reversal—one of the altcoins to watch.
At the same time, top analysts like BitImperium expect a jump toward $225, followed by $260 if the $205 support is regained. Buzzing with optimism, AlertsViaWeb3, a leading analyst, believes Solana (SOL) is primed to reach between $345 and $600 this bull cycle. However, compared to the low-cap DTX Exchange, its upside potential is limited.
Ripple (XRP): One of 2024’s Best Performers
Ripple (XRP), a payment-based cryptocurrency, has been impressive this year. It hit an annual high of $2.86 on the monthly chart, flipping BNB and SOL in the process. Primed for further gains, it is a top crypto to invest in.
Crypto experts like CryptoNabs anticipate a Christmas rally, expecting a surge toward $2.60 and $2.90. Bobby, another top analyst, shares a similar sentiment, predicting a long-term jump between $8 and $13, positioning Ripple (XRP) among the best cryptos to invest in.
Meanwhile, the XRP price changes hands around $2.3 as of press time. Given the bullish forecasts, it has significant room for growth, although rivaled by DTX’s 6,000% projected growth post-launch.
DTX Exchange (DTX): The Next Big Thing After Solana (SOL) and Ripple (XRP)
The projected 6,000% growth in the value of DTX Exchange (DTX) after Tier-1 exchange listings, alongside its unique hybrid trading platform, makes it a new DeFi project to watch. Hailed as the next big thing after Solana (SOL) and Ripple (XRP), it is a promising wave not to miss.
Find out more information about DTX Exchange (DTX) by visiting the links below:
