Solana’s

Can This Viral Altcoin Replicate Solana’s 2021 Rally? Over 700,000 Traders Think So

Last Updated: February 20, 2025By

A viral altcoin is making waves in the crypto market, with over 600,000 traders betting on its potential to deliver Solana-style gains. With cutting-edge AI technology and a rapidly growing ecosystem, this project draws comparisons to Solana’s legendary 2021 rally, when SOL skyrocketed from single digits to over $260. As the Solana price continues its strong uptrend, analysts are watching closely to see if this next-gen crypto could be the breakout altcoin 2025.

The Solana Price Slips Below $180: Can SOL Recover?

The Solana price has dropped below $180, triggering investor concern. SOL is down 9% to around $169.57 as traders attempt to determine what caused the slump. Reduced network activity and fewer users participating in DeFi applications and trading also contribute to the current Solana price decline. Analysts have reported that wallets holding over 100 SOL have dropped by 2.24% in the past two weeks, indicating that whales are selling off their holdings.

Further pressure comes from a 24% drop in Solana’s decentralized exchange (DEX) volume. At the same time, Binance Smart Chain (BSC) has seen its DEX activity jump by 50%, suggesting traders are moving to alternative ecosystems. Meanwhile, the Solana price is also suffering from memecoin-related controversies. The LIBRA token, which Argentina’s President Javier Milei promoted, was exposed as a rug pull, collapsing by 94% and wiping out $286 million in trader losses.

To make things worse, the wallets involved in LIBRA’s collapse were also connected to the Melania memecoin scam, which had links to former First Lady Melania Trump. With some scams starring Solana’s track record, SOL investors are more wary and are selling off more tokens.

Regardless of these setbacks, SOL might be on the rebound. The RSI dropped to 27, revealing oversold conditions often preceding a price rebound. If the selling pressure eases, bullish momentum might resume, driving the Solana price higher.

The SOL/BTC pair is similar to a previous cycle, when SOL gained 65% in two weeks, pushing the Solana price to $270. Analysts believe SOL could rally to $400 or even $500 if similar conditions align. Traders are waiting to see if network activity picks up again.

DTX Exchange (DTX) Introduces a Revolutionary Trading Platform with Unmatched Speed and Security

DTX Exchange is a new platform with revolutionary features and huge growth potential. Unlike traditional exchanges, DTX makes trading more manageable, and users no longer have to switch between different platforms to manage various assets. Instead, the platform offers access to over 120,000 financial products via one easy-to-use interface. Those include stocks, cryptocurrencies, ETFs, and bonds.

VulcanX is DTX Exchange’s Layer-1 blockchain designed for lightning-fast transactions. DTX Exchange’s testnet recorded more than 200,000 transactions per second on its debut, placing it among the fastest trading platforms in the industry. This unprecedented speed has created serious expectations ahead of its formal introduction, and some claim it may even challenge existing exchanges.

DTX Exchange is a safe place for traders who want anonymity. DTX does not enforce KYC compliance, unlike other exchanges, thus maintaining complete user privacy. The platform has also been subjected to third-party security audits by industry leaders like SolidProof. DTX is also developing quantum-proof security measures to protect assets in the future.

DTX Exchange is built to empower traders with features that maximize their market exposure. Offering 1000x leverage, the platform enables users to trade with amplified positions, regardless of their capital size. This, combined with its distributed liquidity pool, ensures that traders always get the best possible execution prices with minimal slippage.

DTX Exchange Presale Hits $14.7M, Enters Bonus Stage Due to Demand

When DTX Exchange launched its public presale last year, it quickly gained traction, raising over $14.7 million in record time. Unlike many other presales that first cater to venture capitalists, DTX took a trader-first approach, allowing the public to invest directly from the start. This strategy paid off, with over 650,000 traders worldwide joining what many call the best ICO of recent times.

Following the overwhelming success of the presale, DTX has now entered a bonus stage, offering its token at just $0.18. This presents a final opportunity for investors to enter before the platform’s official launch, which analysts predict could result in a 100x price surge, potentially delivering life-changing returns.

Learn more:

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About the Author: Rebecca Idan

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