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1 month ago
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ARTICLE AD BOX
For years, crypto enthusiasts have waited for the year of the Bitcoin halving to trigger a bullish rally. Finally, after months of chopping trends and sideways momentum, bulls are completely in charge of the crypto industry. Leading altcoins like Ethereum and Solana are witnessing historic volumes on exchanges.
If capital inflows continue in the same pattern, here are some key targets that you can expect in the bull run.
Ethereum (ETH) Could Touch $10,000 This Cycle
Even though Ethereum (ETH) has lagged behind new-generation altcoins like Solana and NEAR this cycle, history has proven that this DeFi altcoin eventually has the last laugh. Current technicals for Ethereum show that ETH is recovering strongly against BTC and other altcoin pairs. If the current levels can break out ahead of $2,800, ETH can overcome obstacles to hit $3,200 in the short term.
On the technical charts, the Ethereum price is trading close to the 50-day EMA and has strong support below the trendline. If this continues, the subsequent waves could push ETH to over $10,000 in the long term.
Solana Continues to Impress With TVL Surge
Solana has been the uncrowned king of the DeFi world in the past few months, with a robust ecosystem and a rapidly increasing Total Locked Volume (TVL). The Layer 1 blockchain has reached close to $5.5 billion in TVL, and usability metrics show a noticeable increase.
Solana is currently priced at $156.6, up 3.83% on the daily charts and over 6% on the weekly charts, showcasing a notable increase. Buying volumes are also showing wider retail interest in SOL. According to leading experts, once broader non-crypto adherents join the bull run in December, Solana could touch $1,000 this cycle.
DTX Exchange Expected to Be The Next Big Billion-Dollar Listing
Every crypto cycle has new winners who capture the market’s attention and dominate the news. DTX Exchange (DTX) is being called the next big opportunity due to the DeFi platform’s viral appeal and unique value proposition. The trading platform allows users to trade stocks, crypto, equities, and forex under a single secure interface.
Additionally, users can access massive liquidity on the platform through the 1000x leverage feature, which offers extensive drawdowns and complete freedom. DTX has recently made a huge impact in the crypto world with the launch of the proprietary VulcanX blockchain, which supports a throughput of over 100,000.
Through the currently ongoing presale, you can become an early part of the platform before its public launch. DTX tokens are rapidly selling out in Stage 3 at $0.06 as traders rush to secure access before the price goes up to $0.08 in the next round. The viral presale has raised over $3 million and is expected to launch on a major CEX before 2025.
If you’re looking to join an early project that could still yield 100x returns, it could be worthwhile to check out the platform attracting inflows from top Ethereum and Solana holders.
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Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
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