The crypto market gains momentum amid the cooling CPI report and slowing inflation. Top altcoins like Solana (SOL) and Ripple (XRP) reflect bullish trends, sparking excitement. With an anticipated interest rate cut during the next FOMC meeting, further upswings are on the cards.
Also stirring excitement is DTX Exchange (DTX) and the anticipation around the launch of its all-in-one wallet. The hybrid Layer-1 blockchain, designed to integrate financial instruments with Web3 products, recently went live. Next on the roadmap is the all-in-one crypto wallet—the gateway to the blockchain.
DTX Exchange (DTX) continues to bask in the spotlight, the latest being its upcoming all-in-one crypto wallet. The hybrid exchange platform takes a different approach to trading, allowing users to buy and sell diverse assets across DeFi and TradFi. Standing at the crossroads between CEX and DEX, it strikes a balance between accessibility and security.
One of the protocol’s key benefits is non-custodial trading. Users will retain control of their private keys and funds, eliminating the need to trust a central authority with assets. This, in turn, reduces the risk of potential hacks or mismanagements. The all-in-one crypto wallet, designed with simplicity and security in mind, is one of the most highly anticipated.
The above highlights the platform’s unique contributions to the $10 billion global trading scene. As it races toward adoption, the presale has been selling out fast—over $2.6 million in the third round. A token costs only $0.06 and is projected to experience a 65x upswing post-launch, making it more compelling than Solana (SOL) or Ripple (XRP).
Solana (SOL), one of the top altcoins and a leading DeFi protocol, is a key player in crypto. It facilitates the creation of decentralized applications, popularly known as dApps. Further, it hosts other cryptocurrencies—its meme ecosystem is one of the most vibrant.
Despite a rocky start, the Solana crypto has gained traction. It maintains the $130 support, with the bulls targeting $150 next. On the other hand, pessimists are projecting a fall below $100 before stronger bullish momentum.
The next few days will be crucial for the Solana coin—the FOMC meeting. A rate cut is expected to whet appetites for risky assets. According to top analysts, the Solana price might retest the annual peak of $200 early in Q4. Conversely, it might tumble if a rate cut doesn’t play out.
Ripple (XRP), the payment-based protocol that assists with cross-border payments, is a top 10 cryptocurrency. Like the wider crypto market, it trades on the upside. Its latest jump is partly thanks to the launch of the new Grayscale XRP trust and Robinhood relisting.
This new investment product went live on September 12, granting qualified investors exposure to the cross-border payment cryptocurrency. In addition, Ripple (XRP) is back on Robinhood available only to customers in the European Union.
On the market side, the XRP price trades above the $0.56 support. There has been a 6% uptick in the past 7 days, suggesting improved confidence and optimism, especially with the court’s final ruling in the Ripple/SEC case. With a projected rally past $0.7 before the end of Q3, the XRP coin is one to bet on.
Top altcoins Solana (SOL) and Ripple (XRP) trade on the upside. At the same time, DTX Exchange (DTX), a new ICO, steals the spotlight with its all-in-one crypto wallet. Hailed by industry experts as a new DeFi project to watch out for, the presale isn’t one to miss.
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