DTX testnet makes headlines; Polygon and SOL prices stagnate

Polygon and Solana investors flock to DTX Exchange as its hybrid trading model gains traction following a successful testnet launch.

Polygon and Solana investors are increasingly showing their interest in the viral DTX Exchange platform. This hybrid trading model has recently launched its testnet platform and received much hype in return. The DTX Exchange is onboarding users from different networks, among which most are from Solana and Polygon.

Investors still skeptical about Polygon

In the past couple of days, Polygon has hit a long-awaited milestone that has kept its investors intact. In the Ethereum ecosystem, Polygon is well-known as a layer-2 scaling solution that brings value to its users by allowing quicker and cheaper transactions.

In the recent week, MATIC surged by a record 16% to $0.56, its most impressive value yet. It is worth noting that the rally had stopped at the 100-day moving average where an avalanche of sellers came in, hence Polygon accumulating below the $0.50 mark where it settled at $0.49.

The trend in the price chart indicates the pressure Polygon faced to post-break its downtrend for the past six months. The positive expectation of the market in MATIC has failed to trigger the other part of the trend, which is why the investor community is still skeptical about it.

Solana slumps despite advancements

Solana has been gradually gaining more ground in the market, maintaining its dominance in the crypto space. In the last year, Solana’s stablecoin supply grew by 156%, reaching a $3.76 billion figure in the year’s overend. Such growth signifies the market created for DeFi applications due to their adaptive and cost-effective structure on the Solana blockchain.

One of the foremost reasons that Solana has been on the rise in recent times is the shift of projects based on the Ethereum network to SOL. Due to Solana’s outstanding performance, it has become a great substitute for Ethereum developers and projects that don’t want to pay hefty gas fees or wait for slow transactions.

Thus, SOL has emerged as the center for DeFi and liquidity markets, which has also contributed to its adoption among investors and developers. However, in light of these advancements, the price of Solana has faced retraction and has slumped by 4.68% in the last 24 hours.

DTX Exchange presale selling out fast as round 3 unfolds

DTX Exchange has entered the market with a bang, outshining major altcoin projects like MATIC or Solana. The hybrid trading platform has also launched its live Testnet platform, suggesting that this DeFi platform is ready to shake up the market.

DTX Exchange principles state that accurate decentralized management is the most effective way of coordinating a platform’s function and its users’ interests. Governance rights given to the DTX token holders guarantee that the platform’s development will not deviate from the community’s will.

DTX Exchange’s supportive community complied with its strategic course of action, is drawing more investor interest and completing its presale round 2 at $0.04. Having raised over $100k in a public presale and a whopping $1.96 million in the ongoing presale, DTX Exchange is ready to join the big leagues.

DTX Exchange’s growing adoption defies market downturn

The DTX Exchange has sold more than 11 million tokens already and entered its presale round 3 at $0.06. The grand Testnet launch is an important step for the platform and reveals insights into how it can be utilized.

At the same time, as the platform works towards enhancing its margin and possibilities, it is quite a favorable prospect for DTX. The analysts forecast that due to the further expansion of the community and active interaction of the users, DTX may outshine Solana and Polygon in the upcoming cycle as it enters presale round 3 with a strong rally.

To learn more, visit the Presale website, visit the DTX website and join The DTX community.