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4 months ago
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ARTICLE AD BOX
After Bitcoin ETFs have already launched and Ethereum ETFs are to launch very soon, the crypto community is now hyped about the SOL ETF, and enthusiasts expect it to affect the Solana price.
The newly launched zkSync (ZK) token is seeing very low traction as it has been unable to cross its launching day high. DTX Exchange has beaten zkSync to 10,000 holders and is leading in the newly launched altcoins list.
VanEck Files for SOL ETF: Will It Affect Solana Price?
VanEck has made history by becoming the first American company to file for a spot SOL ETF. The firm’s argument for the SOL ETF is that Solana is a commodity, not a security. This filing comes just six days after 3iQ filed for a similar product in Canada.
VanEck is no stranger to pioneering in the ETF space. In 2021, they were the first to file for a spot in Ether (ETH) ETF, well before the SEC began discussions with major players like BlackRock, Fidelity, and Ark Invest. They even submitted an additional filing in September last year.
The news of VanEck’s Solana ETF filing with the US Securities and Exchange Commission (SEC) led to a significant 8% jump in Solana’s price, bringing it up to $150. Many market enthusiasts believe that the confirmation of this ETF could drive Solana’s price to an all-time high.
ZKSync ZK airdrop Flop or Successful?
ZKSync, a leading layer-2 network, is known for its fast and affordable transactions on Ethereum. They have just done a major ZKSync (zk) airdrop and are the largest token distribution among major layer-2 networks, with about 3.7 billion tokens earmarked for users.
After the launch, the ZKSync token saw a rapid price increase, soaring from $0.099 to a peak of $0.3999. However, the price quickly dropped by over 47% and is currently trading at $0.1589, down more than 60% from its launch day high.
Compared to DTX Exchange, ZKSync’s launch has been less successful, as DTX has already raised over $800k in just a month.
DTX Exchange Presale Crosses $800,000
DTX Exchange is an innovative trading platform designed to transform the trading industry with its advanced features. It stands out as the first major exchange to offer 1000X leverage without requiring KYC, enabling traders to achieve high returns.
DTX Exchange is a comprehensive trading solution providing lucrative opportunities for its users. With the upcoming mainnet launch, the DTX token, currently priced at $0.04, has already raised over $800k and is expected to raise over $2 million very soon.
The platform enhances trading efficiency with distributed liquidity pools, ensuring smooth transactions and minimal slippage. It also offers a variety of products, including the DTX wallet and multi tier accounts, catering to different user needs and enhancing the overall trading experience.
Click here to visit the presale.
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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