This new exchange is poised overtake Solana’s price of $240

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Solana nears its $260 ATH, but the spotlight shifts to DTX Exchange, a hybrid Layer-1 platform reshaping crypto trading.

As Solana (SOL) continues to climb, the leading Layer-1 blockchain nears its ATH of $260, the crypto market is buzzing. Solana is known for being fast and having tons of decentralized applications (dApps) in its ecosystem. But now there is a new gladiator in the stadium—DTX Exchange (DTX). This hybrid Layer-1 blockchain-powered trading platform is changing the industry, combining the best of traditional and decentralized finance. Could this rising star overtake Solana and even outprice it?

Solana’s unstoppable momentum

Solana has continued to dominate the crypto markets with its highly effective combination of fast and efficient transaction processing and support for a thriving dApp ecosystem. Currently priced at about $240, SOL experienced a remarkable comeback after lows in market volatility with the exemplary speed of an effective Layer-1 blockchain solution.

Source: CoinMarketCap

Increasing 55% in the last month, SOL’s price is nearing its ATH of $260 back in November of 2021. As a favored platform for developers, Solana has a fast blockchain speed and low transaction fees to its advantage, being one of the biggest winners of this bull cycle. Researchers expect the price to continue rising, with some believing that Solana will climb to $300 before the end of the year.