While crypto markets are affected by Bitcoin’s 7% weekly slump, altcoins diverge sharply. The Solana price downed badly last week as SOL faces a $2.2 billion token unlock. On the other hand, SUI blockchain surges 11% daily on infrastructure upgrades, and DTX Exchange’s presale momentum hints at shifting investor focus with its 2x listing price, going from $0.18 to $0.36. As March approaches, traders weigh whether altcoins like SOL’s $140 price can stabilize or if emerging platforms will define the next rally.
DTX Exchange Accelerates in Bonus Stage
The hybrid trading platform’s public presale enters its bonus phase with tokens priced at $0.18, reflecting an 800% surge from its initial offering. Plus, the price will double after the listing. Over 700,000 wallets have already participated, drawn by access to 120,000+ assets and features like 1000x leverage. Market experts highlight its capped supply of 475 million tokens as a key factor driving demand, with projections pointing to favorable entry points ahead of its Q2 launch.
Security is not a concern when it comes to DTX. With audits by firms like SolidProof, the platform ensures transparent trading environments. Early investors gain exposure to fractional multi-asset trading and copy trading tools, positioning DTX as a great crypto to buy for diversified portfolios. The platform’s Phoenix Wallet, integrating stocks and crypto, further strengthens its appeal among retail and institutional traders.
As a great crypto option to invest in, the project’s $15.1 million fundraising milestone underscores confidence in its Layer-1 blockchain infrastructure. With listings at $0.36, current pricing offers a strategic window before broader market adoption that can 2x the investment. Industry observers note its potential to disrupt traditional trading models, particularly as a new DeFi project bridging centralized and decentralized finance.
SUI Blockchain Powers Ahead with a Great Daily Rally
The SUI blockchain surged 11% in 24 hours, boosted by Phantom Wallet’s beta integration and renewed institutional interest. However, concerns linger over a pending unlock of 64 million tokens worth $265 million. Technical indicators suggest short term momentum for SUI blockchain, but historical data shows similar unlocks have previously dampened prices.
Phantom Wallet’s “SUINAMI” upgrade has streamlined asset management, attracting users seeking alternatives to Ethereum based solutions. Despite this, the SUI blockchain faces headwinds. Its monthly performance remains down 17%, reflecting broader market skepticism. Forecasters caution that the March 1 unlock could test its $3 support level, though long term fundamentals stay intact.
SUI blockchain’s ability to sustain growth hinges on balancing innovation with tokenomics. While its Total Value Locked (TVL) and developer activity show promise, the immediate focus shifts to managing supply inflation. For traders seeking the top crypto coins, SUI blockchain’s blend of speed and scalability offers opportunities, if market sentiment holds.
Solana Price at $140 – Can It Recover from Recent Downturn?
SOL’s 38% monthly decline deepened this week, with Solana price sliding to $140 among fears of a $2.2 billion token unlock by the FTX estate. Binance’s recent sell offs and Wintermute’s $38 million withdrawal exacerbated the SOL’s selling pressure, pushing the RSI into oversold territory. SOL’s open interest data reveals growing bearish bets, with funding rates turning negative for the first time since November.
The SOL’s network’s DEX activity has declined for five consecutive weeks, overshadowing its 200,000 TPS throughput. A tweet from Altcoin Gordon (@AltcoinGordon) echoed broader concerns: “GM lads. SOL’s unlock could reshuffle the deck, smart money’s hedging until March 1. Watch for liquidation cascades.” However, it is hard to say for sure how Solana price will be affected.
Despite the gloom, Solana price history shows resilience after major unlocks. The $140 level now acts as critical support, matching October 2024 lows. If institutional buyers absorb the incoming supply, the Solana price could stabilize, though its path to reclaiming $160 remains fraught. For now, SOL lags behind rivals like DTX Exchange, which combines presale accessibility with hybrid trading innovations.
Conclusion
As markets balance between SUI blockchain’s rally and Solana price uncertainty, hybrid platforms are gaining traction. With its presale nearing $15 million and features like 1000x leverage, one project stands poised to capitalize on shifting demand. Maybe it could be a rival for SOL some day. For those exploring alternatives to volatile large caps, deeper research could prove timely. If you’re interested in learning more about DTX Exchange, check out the links below, and use the code ‘LIST2X’ to get a 100% bonus.
DTX Website
Buy Presale
Join Telegram Community
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