The post DTX Exchange and Solana Set to Rally in February With 14,200% Upside appeared on BitcoinEthereumNews.com.
Major catalysts like political changes and rapid developments across the crypto market are likely to trigger a strong bull rally. Investors need momentum runners like Solana (SOL) to fully optimize the upcoming bull run. According to coinmarketcap data, from the launch price of $0.95, the Solana price has increased 31,577%. Early SOL investors are joining one similar opportunity, DTX Exchange (DTX), as it moves towards launch in 2025. DTX Exchange intends to be the best trading platform with its hybrid technology. It emerged as the best ICO in 2024 and is about to conclude with incredible success. Experts project 14,200% gains as it launches on major exchanges. They also believe the DTX token could replicate the Solana price path. The Solana Price Consolidates Near New ATH After the rally in November, the Solana price lost momentum due to reduced demand and began to trade in a declining price action. It dropped over 30% to $175, taking support at this price level. The Solana price swings created a double-bottom pattern over a month and surged to reach the new ATH at $294.33 on 19 Jan 2025. The Solana price faced considerable bearish pressure near this region and has dropped over 10%, currently trading at $264. In the last 24 hours, the Solana price has gained 7%, with a 14% increase in trading volume. Due to increased upward momentum, it trades above the short-term 10-day and 20-day SMAs. Courtesy: TradingView The Solana price faces significant rejection from the resistance level at $271, due to which it has been consolidating for the past few days. If the Solana price drops, $245 and $230 are potential support levels. However, it can continue the rally if it breaks out with sufficient volume. On the development front, Solana has significantly outperformed Ethereum in multiple important areas,…