SOL sets sights on $200 as DTX gains momentum in the market

Solana price drops deep on Sunday night as markets lose bull momentum. DTX Exchange remains green as its presale goes viral on X, raising over $12.9 million.

Crypto markets seem set to start the last week of January with a bear run, as most altcoins lost bull momentum over the weekend. The prices of majority coins are down by double digits, and there is talk among experts of consolidation as markets correct and long holders face some losses.

Solana’s price was under a wonderful bull cycle as it touched a new ATH of $227.03 on January 19. However, the markets have been in flux since the past week and Solana’s price movement also lost its momentum as a mass-scale market correction started.

On the other hand, DTX Exchange (DTX) is pulling in investors with rising numbers as its presale continues on a bullish trend. This hybrid trading platform is drawing in traders from all segments of the market with its strong product offering as well as attractive gains.

Outshining the status quo with its presale success, DTX Exchange is alerting whales after its token jumped from its initial $0.02 to $0.16 within weeks. It has already crossed $12.9 million in presales and is pre-listed on the popular crypto aggregation platform CoinMarketCap.

Solana drops 16% over the week

According to top crypto analysts, Solana’s price is on track to rally and cross over the $400 mark on the strength of its blockchain network and technology. SOL has also surged, touching a new ATH last week. Given the technological progress of the platform, Solana’s price should recover and rally soon.

The Solana price touched a high of $269 and a low of $223. The SOL is currently trading around the $227 range, down 11% in the daily charts. The market volume is up by 76% to $7.51 billion, while the market cap is down by 11% to $110.49 billion.

The community sentiment is still bullish while there is still strong expectation of a potential ETF approval. This approval will raise demand for SOL’s cost-efficient blockchain among institutional investors.

DTX Exchange: Final stage of presale

DTX Exchange is setting itself apart from platforms like Solana with its peerless trading options and accessibility. While SOL has an excellent track record as a blockchain with fast transaction speeds and attracts institutional interest through potential ETF rumors, DTX Exchange provides a much-needed utility in the form of trading options.

With over 120,000 trading instruments across cryptocurrencies, FX, equities, and commodities, DTX Exchange caters to all traders. The platform also removes entry barriers with its no KYC requirements and non-custodial wallet integration for enhanced user control and privacy while protecting against emerging security threats.

DTX Exchange supports both quantitative and algorithmic trading while giving its users cutting-edge trading tools and APIs for automating strategies with embedded precision. This is a project that can deliver lightning-fast execution speeds, as it averages 0.04 seconds per transaction, ensuring that traders can act on trade openings in real time. 

Conclusion

Investors usually track high-performing coins to assess how the markets are behaving. Many use Bitcoin or Ethereum as a gauge of market performance, while others use other, more sensitive coins. Current trading patterns are affecting Solana’s price as markets remain cautious.

While Solana price predictions remain positive, and there is a high growth potential due to the buzz surrounding its features, it is all in the future, based on conditions. While DTX Exchange has delivered high returns. Its ICO has already raised $12.9 million in its presale rounds. It is currently priced at $0.16 in the final round and could increase to $0.20 when it launches.

To learn more about the DTX Exchange ecosystem, visit the presale, website, and join the community.