Following the volatility in the crypto market, both Solana and DTX Exchange have been doing significantly well in the space. Solana’s price which has been seeing a very bullish momentum has made investors wonder whether the SOL price may cross $250 soon, but will it surpass DTX Exchange after the launch of its own L1 blockchain?
Surge in Solana’s Price
Solana price movement has earned the Ethereum Killer nickname and has recently witnessed a significant price increase, which is considered to be driven by high transaction speed with a very low transaction fee. Solana’s (SOL) price has surged from $118 price levels to $158.2 price levels, a whopping 32.4% surge.
Furthermore, due to its growing ecosystem, SOL is massively attracting investors and institutions that see potential in the platform.
Meanwhile, the price of Solana has surpassed a significant level and experts and an analyst sees the price to potentially reach $250.
Factors Driving Solana’s Growth
Several factors have been considered as the reasons why Solana has witnessed an upward momentum. Such factors are its L1 blockchain, which provides fast transactions with the required speed and a very low transaction fee, which is drawing the attention of decentralized applications.
No doubt the SOL ecosystem has also continued to significantly expand in scope and productivity. As it sees projects leverage on its platform innovative features to launch
Will Solana Outperform DTX Exchange?
Investors are still uncertain whether Solana will outperform DTX Exchange, as Sol continues to see quite impressive performance in the cryptosystem. But the question still remains in terms of its market capacity can Solana outperform DTX Exchange? It’s no longer news that DTX Exchange has been gaining massive attention, thanks to its L1 blockchain launch.
DTX is positioned to provide solutions and change the dynamics in decentralized trading.
DTX Exchange’s Potential
The strength of DTX Exchange is in the specialization of decentralized trading and also the launching of its L1 blockchain. Therefore DTX Exchange is taking advantage of its traditional token, DTX by offering a decentralized service, DTX Exchange promised to make available for users an efficient and hassle-free trading experience.
Thanks to the L1 blockchain which will further strengthen DTX Exchange to attract more potential investors into the platform.
Comparison
No doubt Solana’s increase in price is quite an impressive one, DTX Exchange’s position to change the narratives in decentralized trading systems may be considered as an added advantage over Solana. Considering the growth of Solana’s ecosystem, and its scalability ability and prowess it is true to say that Solana is a very strong opposition, but DTX Exchange focusing on decentralized finance, has made it a bigger force for SOL. Both Solana and DTX Exchange have their underlying strength.
To learn more about DTX Exchange, visit DTX’s presale website or join DTX’s Telegram community.
