The post Get Ready for a Bull Run: Analysts See Huge Potential in Solana, DTX Exchange (DTX) and Ethereum appeared first on Coinpedia Fintech News
In recent weeks, there has been some news that worries the crypto space. Notably, new US jobs in August did not increase as expected, with only 142,000 jobs instead of the 164,000 analysts thought. This has also made some waves in the crypto market as analysts now look for tokens with amazing growth potential that could remain stable.
These are Solana (SOL), DTX Exchange (DTX) and Ethereum (ETH) – all crypto coins that could surge soon. With whales accumulating Solana (SOL), DTX Exchange (DTX) launching its L1 blockchain and crypto analyst Poseidon remaining bullish about Ethereum (ETH), their future looks very bright.
Solana (SOL): Whales Continue Stacking Up on It
Solana (SOL) is a coin that has seen some growth recently. According to CoinMarketCap, the value of Solana (SOL) grew around 2% on the 1-week chart. This can be attributed to good whale activity for this crypto. For example, Lookonchain reports that a whale bought 34,807 SOL tokens valued at $4.52M.
This Solana news shows that many people still pay attention to this coin. Additionally, Solana (SOL) is now trading above its 10-day EMAs while its momentum value is 0.63, which is in the buy zone. This paints a good picture for its future as buying pressure increases.
Due to all these factors, market analysts predict that the Solana crypto will trade at $145 before the end of October 2024.
DTX Exchange (DTX): A Rising Presale Phenomenon
Meanwhile, analysts also mention DTX Exchange (DTX), a rookie in Stage 3 of its presale. This project has already raised over $2.5M and could hit $3M before September ends. Recently, DTX Exchange launched its L1 blockchain, which will be the foundation of its game-changing trading platform. Even YouTubers like Crypto Royal see it as the next big thing.
At its core, DTX Exchange will introduce a hybrid trading model combining the best DEX and CEX features. Therefore, people can buy over 120K asset classes, including bonds, stocks and crypto coins. Fast transaction speeds, such as 0.04 seconds, and complete privacy by eliminating KYC checks give DTX Exchange an advantage over its peers.
The DTX utility token will fuel this platform. It is now worth just $0.06 – a 200% rise from its starting price of $0.02. However, this price will jump to $0.08 once Stage 4 begins. Some experts predict that DTX has the potential to soar by 30x after a Tier-1 exchange lists it in Q3 of 2024.
Ethereum (ETH): Analyst Says Patience Is Key
Ethereum (ETH) has been showing some red charts recently. CoinMarketCap shows that the price of Ethereum (ETH) dropped over 5% on the 1-week chart. However, crypto analyst Poseidon remains bullish on this crypto. According to his X post, people have forgotten that generational bottoms take time to form.
Ethereum (ETH) is now building strong fundamentals. Additionally, VanEck announced that it would close down its ETH ETF now that its Spot Ethereum ETP has been approved. With this development, people will get direct exposure to the real-time Ethereum (ETH) price and fewer costs.
Because of these factors, market analysts have made a bullish Ethereum price prediction – reaching $2,500 in October.
Solana vs. DTX Exchange vs. Ethereum – Which One Could Skyrocket First?
Solana (SOL), DTX Exchange (DTX) and Ethereum (ETH) are all crypto coins that could surge soon. But, DTX Exchange stands out as it has a smaller market cap than its peers. Also, it has connections to many markets, such as the $133T bond. With these perks, those who buy DTX now may see faster returns as it needs less new money to surge while having great long-term growth potential.
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