Before Bitcoin’s (BTC) rally above $75,000—a jump above the March all-time high—the question these past few months has been “When new ATH?” However, following this week’s impressive performance, the question has changed to “When is BTC hitting $100,000?” This highlights a change in sentiment and this post will cover the bullish price prediction for Solana (SOL) and Cardano (ADA) for 2024 and 2025.
Meanwhile, investors have been showing a keen interest in DTX Exchange (DTX), a new exchange-based token. Its appeal revolves around a blend of TradFi and DeFi and a hybrid trading platform that combines the best elements of centralized and decentralized exchanges.
DTX Exchange (DTX): The Next Big Thing?
DTX Exchange (DTX), hailed as this quarter’s best presale, is a promising wave not to miss. Its novel approach to trading, which centers around combining the best elements of CEX and DEX, couldn’t be more groundbreaking. Poised to transform the $3.2 billion global trading market, it is arguably one of the best new cryptos to invest in.
It aims to address the challenges faced by the trading industry through various innovative solutions. These include enhancing liquidity through distributed liquidity pools, non-custodial storage for improved security, expanding asset classes through tokenization and financial inclusion through wallet-based trading.
Also driving investor interest is its significant upside potential, pushing the presale above $6.8 million. The ICO is in the fourth round and a token is priced at $0.08, tipped for a 45x rally after its debut. Aiming to challenge the dominance of Solana (SOL) and Cardano (ADA), this is a new DeFi project to watch out for.
Solana (SOL): New ATH Before Year End and $450 by 2025
Solana (SOL), a leading DeFi platform, continues its remarkable performance. It made headlines this week after flipping BNB in market size to become the fourth-largest cryptocurrency. On the altcoin list, it is behind only Ethereum, highlighting its rising popularity and influence.
Following the latest bullish performance, the Solana price increased over 6% on the weekly chart, trading above $187. Its performance in the past 24 hours is equally impressive—a 12% rally.
A crypto analyst recently shared their forecast for Solana, predicting a breakout and run to $200. With the current price an inch away from its March high, TradingView’s indicators like the MACD Level (12, 26), which is at 5.71, suggest further upswings. A jump above $260—a new SOL ATH—is on the cards before the year’s end and $450 by 2025.
Cardano (ADA): A Potential Jump Above $1.5 by December
Cardano (ADA), one of the top altcoins, is at the heart of the latest market buzz, trading in tandem with the crypto market. Before discussing its price actions, it is worth noting that its ecosystem has been rapidly growing. The recent Chang hard fork introduced on-chain governance, allowing token holders to have a say in the DeFi platform’s future.
Trading upwards like the rest of the crypto market, the Cardano price soared over 8% in the daily timeframe, retailing above $0.36. The trading volume also increased by over 160%, suggesting further upsides. Key indicators like the exponential moving average (10) at 0.348 and the simple moving average (10) at 0.348 are bullish signals.
Meanwhile, a crypto analyst shared their optimism about Cardano hitting $1 before December, further hinting at a potential jump to $5 and $10. The coming weeks might see ADA surpass its March high of $0.78 and end the year above $1.5, while likely hitting $3 by 2025—a top crypto to invest in.
Are Solana (SOL), Cardano (ADA) and DTX Exchange (DTX) Top Cryptos to Invest in?
Given the bullish forecasts of Solana (SOL) and Cardano (ADA), these are altcoins to watch out for. At the same time, DTX Exchange (DTX), a new hybrid trading platform, is on the cusp of massive adoption, driving huge investor interest.
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