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Technical Analysis Shows This Viral Cardano Alternative at $0.14 Could Give Better ROI Than SOL in Q2 2025

Last Updated: January 16, 2025By

Investors are excited about emerging new opportunities as Cardano (ADA) begins its recovery and Solana price faces intensified bearish pressure. Meanwhile, a Cardano alternative, DTX Exchange (DTX), is stealing the spotlight with groundbreaking features and a viral buzz. Let’s take a closer look at the trends shaping ADA, SOL, and why DTX might offer better returns in Q2 2025, despite the expected SOL ETF launch.

Cardano (ADA) Fights Back: Recovery in the Making

After a steep drop that sent the price below the $0.9550 support level, Cardano (ADA) is beginning to show signs of recovery. The latest price shift began after ADA failed to maintain stability above the $1.00 level, mirroring the broader market downturn.

When the price fell below a number of important support levels, such as $0.9550 and $0.9500, the decline accelerated. However, Cardano (ADA) buyers intervened close to the $0.8769 mark to stop more declines. The Cardano (ADA) price has managed to reclaim its support level of $0.95 as a result of this action, marking an initial attempt at recovery road to the $1 mark.

Cardano (ADA) is currently trading below both the $0.9650 barrier and the 100-hourly simple moving average. This implies that Cardano (ADA) technical obstacles must be addressed before a greater upward trend can be confirmed.

Solana Price Outlook: Bearish Trends and SOL ETF Hopes

The recent drop in Solana price has resulted in the SOL token losing a crucial support level of $196. This support level has held the SOL token steady throughout previous market downturns.

This decline indicates a shift in Solana price momentum; if the downward pressure persists, the Solana price may drop further. The increased trading volume also raises concerns since it indicates that Solana price selling pressure is intensifying.

However, following President-elect Donald Trump’s inauguration on January 20, more investors are placing bets on the approval of the first-spot SOL ETFs.

JPMorgan said in a study presented to Cointelegraph on January 13 that SOL ETFs would outperform spot Ether (ETH) ETFs in their first half-year of trading. Several significant asset managers, including VanEck, Grayscale, 21Shares, Bitwise, and Canary Capital, have applied for a SOL ETF.

Before the end of January, the US Securities and Exchange Commission is anticipated to make the first conclusions about these petitions for SOL ETFs. However, uncertainty still hovers around potential SOL ETF approval as a lot of factors come in between this decision.

DTX Exchange: The Next Big Thing in Crypto Trading

Crypto experts have found a viral Cardano (ADA) alternative, DTX Exchange (DTX), and are betting big on it. It is an upcoming trading platform that enables users to trade cryptocurrencies, forex, equities, and CFDs.

The platform boasts modern infrastructure and innovative trading features, offering users opportunities they never had before. This is powered by their layer-1 blockchain giant, VulcanX. Its testnet recently got launched giving an anticipated speed of 200,000 TPS, setting itself apart.

DTX is all set to be the first exchange platform that will provide users with 1000X leverage while eliminating the need for KYC (Know Your Customer) requirements. It makes it a perfect platform for experienced as well as novice crypto traders and investors.

Furthermore, the platform effectively maximizes trading efficiency by making use of distributed liquidity pools. It ensures smooth transactions with reduced slippage at the best pricing possible. It recently introduced its Phoenix Wallet which caters to a wide range of user requirements and provides a safe and secure storage solution for your assets.

The ongoing presale presents a perfect opportunity for investors to take part in the DTX Exchange. With the total presale funding recently crossing the $11.6 million milestone,  DTX is all set to capitalize on this market opportunity, especially given its presale price of $0.14.

Final Thoughts

As Cardano (ADA) struggles to recover and Solana price faces intensified selling pressure, DTX Exchange emerges as a star of innovation and opportunity.

With a $0.14 presale price, unmatched leverage, and cutting-edge blockchain infrastructure, DTX is setting a new standard. Whether you’re tracking ADA’s path to recovery, SOL ETF-driven potential, or DTX’s rapid ascent, this is an important turning point in the market.

Check out these links for more information about DTX Exchange:

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About the Author: Carolyna Mavis

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