Layer 2 blockchains are under considerable criticism from various sects in the Defi community for their centralization and high fee issues. Justin Bons recently accused Ethereum-based layer 2 networks of stealing funds and Vitalik Buterin added that any L2s below stage 1 are dead to him and he won’t mention them publicly.
Though this paves the way for improved architectures and continuous development, many investors and developers are calling layer one networks the future. Following this demand, Solana (SOL) and Binance Coin (BNB) users, after a bullish rally post-FOMC, have pumped DTX Exchange’s presale to new highs as it made headlines with the launch of the first-ever hybrid L1 blockchain.
Solana (SOL) Price Pumps With 13% Bullish Weekly Surge
Solana (SOL) is one of the leading layer-1 blockchains with ground-breaking offerings, lower gas fees, and a vibrant community of meme tokens. Its record-breaking performance this year and a bullish reversal to secure a position above $145 after the FOMC meeting made it a top choice for bigger gains in the bullish market.
Solana (SOL) users are actively following other blockchains having similar growth potential and continue to participate in their community programs and presales. With a 13% weekly rise, many Solana (SOL) holders have come out of the reds and continue strategizing for further investments in new opportunities that can match SOL’s explosive success.
Binance Coin (BNB) Prepares for Massive Year-End Gains
Binance Coin (BNB) is a highly used asset for various purposes in the crypto sector, with a market cap of more than $85 billion. The bullish performance of Binance Coin (BNB) to surge past $590 this week has clouded its ongoing legal battles and has poised it as a top-tier crypto to buy for bullish market gains this week.
While the transactional volume is sky-high for Binance Coin (BNB), the holders are diversifying their portfolios with DTX Exchange (DTX) as a major competitor for its dominance. Binance Coin (BNB) is set to score big by the end of the year but the emerging DTX token can cloud its success with its hybrid model and trader-centric exchange debut.
DTX Exchange Tops Chart With New Hybrid L1 Blockchain
DTX Exchange (DTX) has become a top favorite for layer-1 enthusiasts with its end-to-end solutions, low-cost trading, 120k+ digital assets, and most important of all the first-ever hybrid L1 blockchain with a 10,000 TPS record. The DTX platform moves ahead as a major transformative force with its 1000x leverage feature and decentralized security schemas.
The DTX Exchange (DTX) features top-notch investment strategies with bullish growth prospects for seasonal and new traders with passive income strategies and a robust community to learn and trade with APIs and real-time analytics powered by AI and automation.
With over $2.7 million raised in stage 3 of the public presale, DTX Exchange extends its dominance with 20,000 new users onboarded in no time. Large stakeholders are rushing to participate in the once-in-a-lifetime opportunity with DTX tokens available at $0.06, which are predicted to moonshot $1 after the CEX listing.
Key Takeaways
Ethereum’s layer-2 struggles have shifted the spotlight to Solana (BNB) and Binance Coin (BNB) as potential sky shots with extensive use cases operating on faster blockchains. Moreover, DTX Exchange (DTX) is another addition to the powerful layer-1 league and is attracting major capital from blockchain enthusiasts.
DTX Exchange is quickly becoming a frontrunner in decentralized finance, offering unparalleled features and transformative potential. With a ground-breaking presale rally, DTX sets the stage for unprecedented gains post-launch.
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Source: https://cryptodaily.co.uk/2024/09/layer-2-blockchains-are-dead-says-vitalik-buterin-after-sol-and-bnb-supporters-pumped-dtx-presale-to-27m-in-record-time