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A new pre-sale token, DTX, is seeing huge whale interest as SOL and eth investors look to earn 500% on the new project.
ethereum (eth) has shown some reluctance to take advantage of the bull run since September. Some analysts believe that Solana (SOL) has what it takes to overtake the ethereum network, especially with Solana's resistance this year.
These views are gaining traction in the market, with traders turning to Solana and DTX Exchange (DTX), another token that will eclipse ethereum. Here's why.
<h2 class="wp-block-heading" id="ethereums-waning-dominance-eth-loses-4-25″>ethereum's waning dominance: eth loses 4.25%
The ethereum network is, without a doubt, one of the most active blockchains in the cryptoverse. Since its launch in 2015, the eth token has been at the forefront of innovation in decentralized finance, launching and hosting tokens and DApps with innovative perspectives.
However, times are changing and ethereum has been left behind. Speed and scalability are challenges that many investors have identified in the blockchain and, unfortunately for the eth network, there are trending alternatives.
ethereum still has the majority of the total value locked (TVL) in the cryptoverse with over 50%, but the token currently ethereum/” target=”_blank” rel=”nofollow”>trading at $2,501with a loss of 4.25% in the last week.
The Uptober Surge: SOL Price Set for Massive Gains
The exit of investors from ethereum is setting Solana up for a massive rally this year. After all, it's Uptober season and the SOL token could join the top gainers once again.
Many DeFi enthusiasts now have much more faith in SOL's scalability and speed than ethereum's. Additionally, Solana offers low-cost gas, allowing many transactions to be made without compromising speed.
VISA is already processing USDC transactions on Solana to achieve high throughput rates, while Citi uses the ecosystem for cross-border transactions.
Meanwhile, Solana's SOL might have taken a big hit from the market correction, but the token is up 4.91% in the last 24 hours. trading at $150.
DTX Exchange: Operator-friendly features at users' fingertips
ethereum has been the center of decentralized finance in the cryptoverse, as blockchain allows for developer creativity. DTX Exchange is a product of such developments, as the token has emerged to rebrand DeFi in the crypto market.
First, DTX Exchange offers DeFi as a community initiative. Beginning traders have professionals to choose from as mentors while following their strategies.
Through social and copy trading, newbies can copy trading moves and techniques from more experienced and successful traders while passively learning. There will be no grueling video tutorials or virtual academies; users learn on the fly in DTX.
The DTX Exchange referral program also allows users to accumulate capital for trading. For every trader that users can join DTX, they get $1,000 for their trades. And when you also consider the assets tradable on DTX with 1000x leverage options, there is really no reason not to increase your profits on the trading platform.
<h2 class="wp-block-heading" id="eth-dips-while-sol-and-dtx-gain”>eth falls as SOL and DTX gain
eth investors head to Solana and DTX Exchange to round out the year with gains. DTX is currently worth $0.06 in the current Stage 3 of public pre-sale. And with Stage 4 looming around the corner, investors could count on gains of up to 33% when the price rises to $0.08.
For more information, visit the DTX Exchange Pre-Sale Website or join the online community.
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