A growing number of crypto investors are shifting to emerging altcoins with the potential to become the next market leaders. While Chainlink (LINK) and Ethereum price have faced heavy selling in the last few weeks, a new DeFi entrant based on ERC-20 has stirred the crypto market with its unique model and innovative approach. DTX Exchange is the first hybrid exchange that allows access to over 120,000 financial assets in a single place and aims to disrupt the $110 trillion global trading market. With over $14.35 million raised and over 400 million tokens sold, DTX Exchange has quickly gained recognition among retail and institutional investors. Leading analysts believe it could replicate LINK’s growth trajectory and be among the top 20 altcoins. Chainlink CCIP Now Live on Soneium Mainnet Chainlink, a leader in on-chain finance, has teamed up with Sony Block Solutions Labs, the force behind the Ethereum Layer-2 blockchain Soneium. They announced that Chainlink CCIP, Data Streams, and Data Feeds are now live on the Soneium Mainnet. This integration gives developers powerful tools to create advanced applications and drive chain innovation. With Chainlink’s technology, developers on Soneium can now build on-chain apps more efficiently and securely, making it easier to adopt Sony Block Solutions Labs’ Layer-2 solution. Johann Eid, Chainlink Labs’ Chief Business Officer, highlighted the impact of this collaboration. In September 2024, Chainlink and Sony Block Solutions Labs confirmed Soneium’s participation in the Scale program, further strengthening their partnership. Ethereum Price Holds Ground, $4,000 Soon? A market rebound on February 12th led to a 5.23% surge in the Ethereum price, which reached $2,800. However, the very next day, it lost some of its gains but successfully held above $2,600. The Ethereum price now trades above $2,700 and faces resistance at a 10-day moving average. ETH seems to be facing hurdles near the $2,750 level or the 50% Fib retracement level of the downside correction from the $2,921 swing high to the $2,524 low. Source: CoinMarketCap In the last few days, Ethereum price has performed quite well in comparison to the general market. If it is capable of getting out from the first resistance level with volume, ETH could overcome the consolidation area and reach $3,000 in the coming weeks. Some analysts suggest that Ethereum price revival is triggered due to TVL having reached a three-year high. Ethereum still holds the largest part of the market with the locked value nearly being double that of the other platforms. DTX Exchange Bonus Round: Last Opportunity? Meanwhile, the Ethereum price is still struggling to regain its previous highs. Due to massive demand, DTX Exchange has entered a bonus round. As a hybrid platform, DTX Exchange combines the benefits of centralized and decentralized exchanges and leverages the best of both solutions to allow people to trade more efficiently. DTX Exchange runs on the proprietary L-1 blockchain known as VulcanX, enabling traders to trade over 120,000 financial instruments, including ETFs, crypto, stocks, and forex. DTX stands apart from other platforms by uniting conventional and digital finance under the same roof. It also offers incredible features like 1,000x leverage, which increases portfolio exposure. Moreover, the VulcanX blockchain will be able to execute 200,000 transactions per second, which means users won’t have to wait for their trades to be executed, even during peak times. With its presale already surpassing $14.30 million, many suggest that DTX Exchange could redefine trading standards post-launch. If it reaches Chainlink’s market cap, each DTX token will be priced at $25.12, a whopping gain of 13,855%. Join the DTX revolution before the token rallies! Find out more information about DTX Exchange (DTX) by visiting the links below: Buy Presale Visit DTX Website Join The DTX Community The post Why This ERC-20 Coin Is Called ‘The Next Chainlink’ by Experts appeared first on TheCoinrise.com .
