Ethereum (ETH) and Cardano (ADA) have ruled the market from the beginning, but neither has been delivering the expected returns in the last few years. ETH and ADA are both blue-chip cryptos that have large market caps. Exponential returns are always generated in small-cap coins with growth prospects.
DTX Exchange (DTX), a small-cap coin in its earlier stages, has gained the attention of Ethereum (ETH) and Cardano investors amid the market’s downtrend. With its hybrid model, DTX Exchange attracted 1,56,000 users within a few months of launch.
New Proposal To Increase Ethereum (ETH) Efficiency
Ben Adams, co-founder of Illyriad Games, has introduced a new proposal, EIP-7781, to improve Ethereum’s transaction capacity by 50%. The proposal aims to speed up block creation on the Ethereum (ETH) network, helping distribute bandwidth usage more evenly. This would reduce peak bandwidth demands without increasing the number of data blobs in Ethereum (ETH).
On October 5, Adams proposed lowering Ethereum (ETH)’s slot time from 12 seconds to 8 seconds, raising transaction throughput by about 33%. This modification would allow faster block production, thus leading to quicker transaction confirmations—which is especially crucial for the platforms with quick transactions, like decentralized finance (DeFi) apps and decentralized exchanges (DEXs).
Lawsuit by Cardano Founder Highlights Trump’s Supportive Crypto Regulations
Charles Hoskinson, the founder of Cardano, used a lawsuit against the U.S. Securities and Exchange Commission (SEC) to express his support for Donald Trump over Kamala Harris in the upcoming election. Hoskinson’s audacious take on the SEC’s choice to appeal the Ripple ruling led to this opinion.
On a sarcastic note on X, he suggested that the continuation in the role of Kamala Harris with the SEC Chair Gary Gensler would not bring the regulatory framework for Cardano and crypto any closer to improvement.
Hoskinson also recently commented on Cardano’s expansion. He argued that it is only trustworthy because the team has been very cautious in fostering innovation. Rather than platforms that sometimes make abrupt adjustments, Cardano is committed to constructing resilient structures that can work for periods.
How Much Would Be $200 Invested In DTX Exchange (DTX) After Listing?
The Vulcan X launch has drastically increased demand on the DTX Exchange. VulcanX is the core program of DTX, which will reduce gas fees and allow users to benefit from the features of both CEX and DEX. Many analysts have provided their analysis of the DTX token. A recent one from one of the veteran investors said it could increase 10X in 2024. But what will its value be after listing?
According to the prediction based on fundamentals and user extrapolation, DTX Exchange could list at $1.14. If one invests $200 today, it could be nearly $4,000 by the time of listing.
DTX Exchange is set to become a top performer thanks to its fast execution speed, advanced Quant and Algo trading capabilities, and access to over 120,000 trading instruments. DTX provides a loyalty bonus system to active traders, making it ideal for those who often trade.
The platform’s integrated staking options and governance rights in future protocol development also make the platform stand out from the rest of the market, which makes DTX one of the major players in the blockchain space, still keeping things close to the ground.
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