Ripple (XRP) made headlines this week after the announcement of the conclusion of the 3-year prolonged lawsuit with the SEC. With a fresh start, experts are bullish about XRP price momentum for the upcoming days. However, the Solana (SOL) potential jumps ahead amid its growing network activity post-ETF launch in Brazil.
Another tradFi star, DTX Exchange (DTX), stands tall in the crypto market with a successful $1.3 million presale and expanding holder base. Competing with industry giants like Solana (SOL) and Ripple (XRP), the DTX platform will be the moonshot crypto once it hits the mainnet in Q4 of 2024.
Ripple (XRP) Soars 13%: Legal Victory Sparks Bullish Predictions
Ripple (XRP) has recently achieved a significant legal milestone in its ongoing battle with the SEC by securing a victory with District Judge Analisa Torres delivering a final ruling alongside a $125 million fine. The court’s decision to reject the SEC’s claim that Ripple (XRP) is a security is seen as a critical win and a pivotal event to secure bullish gains for XRP.
Amid institutional investors’ revived interest in the Ripple (XRP) price potential after the settlement, the XRP token has experienced a 13% increase in price over the last 7 days. The bullish pattern suggests that the Ripple (XRP) price could be on the verge of a massive breakout, potentially pushing well beyond the $1 threshold in the upcoming weeks.
Solana (SOL) Eyes a Bullish Reversal To $200 Amid ETF Launch
Solana (SOL) is a top-performing blockchain renowned for its advanced tech and robust ecosystem. The recent hype surrounding the launch of a Brazilian Solana ETF and the growing demand for memecoins on the Solana (SOL) network has positioned the SOL token as the next breakout star in the next market cycle with strong bullish potential.
Although the price is currently trending within a descending channel, Solana (SOL) has the potential to defy market odds and reverse its bearish trajectory once bullish momentum lifts off. The $133 support is indicated to be a major bounce-off for Solana (SOL), fueling the price trend to $165 with the possibility of a bullish rally above the $200 support level by mid-September.
DTX Exchange (DTX) Presale Goes Sky-high With $1.3M Raised
DTX Exchange continues to lead the 2024 presale sector with cutting-edge features, innovative trading technologies, and an AI-powered trading platform. The platform is a high-end exchange with scalable infrastructure, boasting 120,000+ digital assets across diverse financial sectors, including forex, cryptos, and stocks.
By introducing advanced automation strategies, quant trading, and blockchain layer-1 solutions for high speed and security, traders are shifting to the DTX Exchange for a secure and seamless trading experience. The KYC-free platform of DTX is an all-in-one solution, offering multi-tier accounts and non-custodial wallets to minimize the risk of security breaches by eliminating intermediaries.
The powerhouse of DTX Exchange is its ground-breaking 1000x leverage feature, empowering traders to enjoy higher market positions with minimal capital. With over $1.3 million raised in round 2 of the public presale, DTX tokens are available at $0.04, with projections of a price breakout above $2 once it gets listed on major CEX platforms, promising 1000% gains for early stakeholders.
Conclusion
As Ripple (XRP) continues to gain traction after the SEC lawsuit winds up, a bullish momentum lies ahead according to leading market experts. However, investing in Solana (SOL) and DTX Exchange (DTX) can be the best decision as the market is positioned at a perfect buy-the-dip point with bullish gains ahead.
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Source: https://cryptodaily.co.uk/2024/08/sec-settlement-can-spark-468-rally-for-ripple-xrp-but-experts-favor-dtx-exchange-dtx-and-solana-sol