The crypto space is constantly evolving, as is the blockchain technology. After Bitcoin introduced the tech, Ethereum added smart contract capabilities. Other L1s like Solana (SOL) and Cardano (ADA) have also made improvements, with DTX Exchange (DTX) set to be the latest.
Unlike conventional blockchain platforms, DTX’s proprietary chain will be hybrid—unifying TradFi and DeFi. It will incorporate traditional financial instruments with Web3 products, bridging the gap. This move is poised to reshape the global trading landscape, setting it up for massive adoption.
DTX Exchange (DTX) is set to be the latest contribution in the blockchain space with its unique approach. Its hybrid Layer-1 blockchain will extend beyond crypto to the larger financial landscape, bridging the gap between the two.
Its proprietary blockchain, named VulcanX, is designed to integrate traditional asset classes with cryptocurrencies. This will allow the trading of diverse assets across stocks, bonds, commodities, forex, ETFs, cryptocurrencies and other tokenized financial instruments on one platform. Interestingly, all trading will be on a unified wallet, with up to 1,000x leverage on select assets.
Primed to reshape the $10 billion global trading space, DTX is a new DeFi project to watch, hailed as the next Solana (SOL) or Cardano (ADA). Meanwhile, the ongoing presale presents a big opportunity to invest in the future of trading. With over $4.8 million raised in funding, suggesting investor trust, a token costs only $0.08 in the fourth round and is primed to explode after its listing.
Solana (SOL), one of the tokens to have dominated this year, is a Layer-1 coin. Its blockchain and smart contract compatibility help create decentralized applications (dApps) and host other projects and cryptocurrencies.
From trading a little above $200 at the start of the year, Solana (SOL) hit a year-high of $200 during the March rush. While there has been a slight decline from this annual peak, its outlook remains promising—on track for a new all-time high.
As the wider crypto market gained momentum, it resumed its upswing. The Solana price jumped by over 7% on the weekly charts, changing hands above $150. A Solana price prediction suggests a yearly close above $300, making it one of the altcoins to watch.
Cardano (ADA), one of the top 15 cryptocurrencies, is a Layer-1 blockchain. The Alonzo hard fork in 2021 introduced smart contract functionality to the blockchain and its anticipation contributed to its all-time high in the same year.
On September 2nd, 2021, Cardano (ADA) registered a peak price—a jump above $3. With over 80% decline since then, many experts believe the bottom might be in. A Cardano price prediction stirring up much buzz suggests a rally past $4 during this bull run, putting it on the list of the best cryptos to invest in.
Following the recent market bounce, Cardano is on the upside, retailing above $0.35. On track to flip its annual high of $0.7 and hit $1 before the year’s end, it is a good crypto to buy, despite not promising explosive gains like new altcoins.
The trading platform DTX Exchange (DTX), with its proprietary hybrid blockchain, is set to reshape the landscape. By bridging the gap between TradFi and DeFi, it has been touted as the next Solana (SOL) and Cardano (ADA), making it a promising investment to take advantage of.
Learn more:
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.