After the final go-ahead by the SEC for the Ethereum ETF launch, the altcoin market is ready to boost up. Solana (SOL) leads the sector with a bullish resurgence to the $185 threshold level. It dominated Ethereum and other deFi ecosystems built over the ETH blockchain.
As the hype of Ethereum ETF surges, SOL whales turn heads toward Ripple (XRP) and DTX Exchange (DTX). They do so before the summer rally fueled by the ETF launch comes into full swing. The SEC lawsuit of Ripple might end soon. The DTX Exchange also gains attention with a hybrid passive income model and cutting-edge features to transform the tradFi sector.
Ethereum ETF Goes Live – Crypto Sector Set to Boom
After the U.S. SEC gave the final go-ahead, the Ethereum ETF commenced trading today at 9:30 am. The Vertex CEO, Darius Tabai, voiced optimism for the launch of Ethereum ETF. He predicted that they could lead the altcoins to a bullish market rally.
The best inline cryptos for a bullish recovery after the ETF launch are SOL, XRP, and DTX Exchange. Let’s explore how these cryptos have reacted to the launch of ETH ETFs.
Solana (SOL) Dominates Blockchains With DEX Volume
The Solana price rallied to $185 amid a renewed interest in its upcoming ETF after the Ethereum ETF went live. It dominated the market with bullish gains, as reported by DeFiLlama. The ecosystem’s DEX volume in the last 24 hours was higher than the combined total of Ethereum and BNB Chain.
While bears have pulled the SOL price back to the $178 support, its outlook is promising. Analysts anticipate a bullish reversal to $200 in the upcoming days due to surging demand for Solana blockchain memecoins. The expected approval of Solana ETF also makes analysts bullish for Solana.
SOL Whales Bet Big on Ripple (XRP) and DTX Exchange (DTX)
The Ethereum ETF is ready to spur a market rally. Solana whales have chosen XRP and DTX Exchange as the most promising altcoins for the upcoming bullish cycle.
Ripple is the center of attention due to the ongoing conflict with the SEC. That is expected to end soon, and the Bulls will defend the $0.6 support level with full enthusiasm. Following the hype of XRP’s futures listing on Coinbase after the conflict resolution, the liquidity of Ripple (XRP) will increase. A potential price of $1 is highly anticipated within weeks.
Similarly, DTX Exchange (DTX) has emerged as a game-changer for existing marketplaces with its cutting-edge features and revolutionary trading platform. It offers an opportunity to trade in crypto and stock pairs with 1000x leverage. It also provides a hybrid model for robust user data security.
Hybrid DTX Exchange Spurs Demand With $1M Presale
Among the top performers of 2024 is the DTX Exchange (DTX) – a revolutionary tradFi platform aiming to transform traditional trading schemas with its advanced offerings. DTX boasts a hybrid model that combines the best features of centralization, like liquidity pools and scalability, with those of decentralization, including robust security and no-KYC limitations for onboarding.
Following its exceptional presale performance, DTX Exchange has raised $1 million in the presale batch 2. The future of DTX Exchange is bright as it sticks to community development, and its advanced security features, quant and algo trading strategies, and blockchain layer-1 technology provide a robust platform for traders to engage in high-position trading.
With its 1000x leverage features, traders can capitalize in diverse financial markets, including cryptocurrencies, forex, equities, and CFDs. Such a platform with an all-in-one trading solution is difficult to find in the existing marketplaces. These trendlines can propel DTX price to soar to $1 from $0.04 once it hits the mainnet, suggesting a perfect buying opportunity for early stakeholders.
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 dominates with DEX volume. SOL whales bet high on Ripple (XRP) and DTX Exchange (DTX) for ground-breaking gains. ){kind=link}