Cryptocurrency enthusiasts have been waiting for the Bitcoin halving to trigger a bullish rally for years. After months of trend cuts and sideways momentum, the bulls are finally in full control of the crypto industry. Major altcoins such as Ethereum and Solana are witnessing historic volumes on exchanges.
If capital inflows continue in the same pattern, here are some of the main targets we can expect in a bull market.
Ethereum (ETH) could reach $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 will ultimately have the last laugh. There is. Current technical analysis of Ethereum shows that ETH has rebounded strongly against BTC and other altcoin pairs. If the current levels can break above $2,800, ETH could overcome the hurdle and reach $3,200 in the near term.
On the technical chart, Ethereum price is trading near the 50-day EMA with strong support below the trend line. If this situation continues, subsequent waves could push ETH above $10,000 in the long term.
Solana continues to impress with TVL Surge
Solana has been the uncrowned king of the DeFi world for the past few months, with a robust ecosystem and rapidly increasing Total Volume Locked (TVL). Layer 1 blockchain TVL has reached nearly $5.5 billion, and usability metrics are showing significant increases.
Solana’s price is currently $156.6 and is up 3.83% on the daily chart and over 6% on the weekly chart, indicating a notable increase. Purchase volumes also indicate widespread retailer interest in SOL. Leading experts say Solana could reach $1,000 this cycle if a wide range of non-crypto believers join the bull market in December.
DTX Exchange expected to be the next billion dollar listing
Every cryptocurrency cycle has a new winner that captures the market's attention and dominates the news. DTX Exchange (DTX) has been called the next big opportunity due to the viral appeal and unique value proposition of the DeFi platform. This trading platform allows users to trade stocks, cryptocurrencies, stocks, and forex in a single secure interface.
Additionally, users have access to a large amount of liquidity on the platform through a 1,000x leverage feature, offering extensive drawdowns and complete freedom. DTX has recently made a major impact in the cryptocurrency world with the launch of its proprietary VulcanX blockchain, which supports over 100,000 throughput.
Through our ongoing presale, you can participate in the early stages of the platform before its general release. DTX tokens are rapidly selling out at $0.06 in Stage 3 as traders rush to secure access before the price rises to $0.08 in the next round. Raised more than $3 million in viral presale It is expected to be launched in major CEXs by 2025.
If you want to be part of an early project that still has the potential for 100x returns, it might be worth checking out a platform that is attracting inflows from top Ethereum and Solana holders. yeah.
learn more:
Pre-sale
Visit the DTX website
Join the DTX community
Disclaimer: This is a sponsored article and the views expressed therein do not represent the views of ZyCrypto nor are they attributable to ZyCrypto. Readers should conduct their own research before taking any action related to any company, product, or project mentioned in this article. Additionally, this article should not be considered investment advice. Please note that trading cryptocurrencies involves significant risk, as volatility in the cryptocurrency market can lead to significant losses.