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Big investors in Solana (SOL) and Avalanche (AVAX) are getting ready to grab a new Ethereum DeFi token with immense potential. This coin could rise in 2025, so smart investors want to get in before it goes mainstream.
Some experts are quite certain it might be the next big winner in crypto. Why are these investors bullish on this token? Let’s find out!
Solana Outshines Ethereum in Developer Growth and Network Activity
A recent report shows that Solana outpaced Ethereum in attracting new developers in 2024. In 2023, Solana added 7,625 developers, while Ethereum brought in 6,456. This is the first time Ethereum’s lead was broken in eight years.
This year, Solana also beat Ethereum in some key areas. In March 2024, its network activity surged ahead of Ethereum’s, partly due to a boom in meme coins. Then, in October, Solana surpassed Ethereum in daily network fees.
Many people are watching closely to see if this is a sign that SOL is becoming the best crypto to buy. Moreover, SOL seems to be picking up the pace after struggling recently. In the past week, SOL rose by 1.17% to jump from $213.82 to $216.33.
For price predictions, some analysts believe that SOL will experience a big surge soon if it can break past the $300 psychological barrier. If this happens, SOL could surge to $500.On the other hand, some analysts are skeptical about investing in Solana because of the recent downturn in the overall crypto market. Hence, SOL could drop to $195 in the short term.
Avalanche Raises $250 Million as Crypto Market Heats Up
On December 12, 2024, Avalanche raised $250 million through a token sale. Big investors like Galaxy Digital, Dragonfly, and ParaFi Capital led the funding. More than 40 firms joined in, and experts say this shows strong interest in Avalanche’s technology.
This comes after the launch of Avalanche9000, its latest testnet upgrade. The upgrade focuses on cutting transaction and validator costs by 99%. It will make the network cheaper and easier for developers to use.
Meanwhile, AVAX’s price surged over the last two weeks. AVAX is currently trading for $48.99, a 9.74% rise from $44.64, which was its price from last week.
Meanwhile, some analysts expect an uptrend for the Avalanche coin in the coming weeks due to the platform’s new partnerships with other top projects. As such, AVAX could surge to $50 soon. Conversely, other experts have taken a cautious approach because of AVAX’s recent slow momentum. They fear that AVAX could fall to $35 in the coming weeks.
DTX Exchange Rises to Become a Top Contender in the Crypto Space
DTX Exchange (DTX) is changing how people trade by combining decentralized and centralized finance on one platform. It runs on the VulcanX blockchain and provides access to over 100,000 assets.
Traders can buy and sell equities, FX, ETFs, and cryptocurrencies with ease on DTX Exchange. For anyone searching for the best crypto to buy, DTX Exchange is fast gaining interest.
The platform focuses on safety, speed, and efficiency. Traders can handle assets like NASDAQ stocks or foreign exchange markets without hassle. DTX Exchange also offers features such as Real-World Applications (RWA). These options allow investors to find unique trades and passive income.
DTX Exchange uses smart contracts and an on-chain order book to deliver transaction speeds of over 100,000 TPS. High-liquidity trading is possible with up to 1000x leverage.
So far, DTX has raised over $10.2 million through its presale. More than 300,000 wallets already hold DTX tokens. Along with trading perks, the holders of this Ethereum DeFi token get a share of platform earnings and voting power to guide their future.
For those watching the DeFi market, DTX Exchange stands out. It offers speed, security, and solid potential for long-term growth. With its impressive track record, many smart investors believe this could be the best crypto to buy right now.
The DTX Ethereum DeFi Token Could Surpass SOL and AVAX Soon
SOL and AVAX were bullish this month, but an Ethereum DeFi token is grabbing attention—DTX Exchange. Many traders now see it as the best crypto to buy.
In Stage 6 of its presale, the DTX token is priced at $0.12. Early investors can earn up to 67% returns when DTX lists on major exchanges like Binance and Bybit.
So far, DTX raised over $10.2 million in presale. Early Ethereum DeFi investors are seeing impressive returns, with a 500% ROI. This DeFi coin price keeps rising, making it hard to ignore.
The DTX Exchange platform offers fast transactions and access to over 100,000 financial assets. Experts predict a 20x ROI after the presale ends. With this potential, DTX could outshine top crypto players in the market.
Learn more:
Buy Presale
Visit DTX Website
Join The DTX Community
*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/12/20/solana-avalanche-reposition-buy-new-ethereum-defi-token/