Solana
A Deeper Understanding of Solana Node Cost vs. Ethereum as DTX Exchange Thrives
Anatoly Yakovenko took a moment to shed light on a crucial question: why do Solana (SOL) nodes cost so much more to run than Ethereum (ETH) nodes? In the meantime, DTX Exchange (DTX) made waves in the altcoin space by raising $270,000 in a month during stage 2 of its presale. Some experts even consider this rookie to be the next $1 altcoin in 2024.
Solana (SOL): Anatoly Yakovenko clarifies node costs
The cost of honest nodes participating in consensus on Solana (SOL) is ten times higher than that on Ethereum. According to Anatoly Yakovenko, Solana has not invested much in BLS aggregation for its consensus messages compared to the latter. One solution is to integrate technologies like BLS aggregation, which could be coming soon.
When it comes to the movement of Solana coin value, it has increased by almost 900% in the past year alone. Additionally, SOL is trading above its 100 and 200 day EMAs while having 12 technical indicators in the buy zone. Due to all this Solana news and bullish indicators, market analysts are predicting a potential jump to $175 in the second quarter of 2024. This makes SOL one of the top altcoins.
Ethereum (ETH): among the Altcoins to watch
Meanwhile, Ethereum (ETH) tops the altcoin list. CoinMarketCap data shows that Ethereum price increased by over 100% on the YTD chart. Additionally, crypto analyst CryptoJack made an optimistic statement. His post states that ETH could exceed $10,000 very soon.
Technical analysis of the Ethereum crypto supports this claim. For example, ETH is trading above its 100 and 200 day EMAs while 16 indicators are showing bullish signs. As a result, experts in the crypto space predict a rise to $4,000 before the second quarter of 2024 in their Ethereum price predictions.
DTX Exchange (DTX): Incredible Presale Performance
While Solana and Ethereum have turned heads, DTX Exchange (DTX) made the news with its exceptional pre-sale performance. It raised more than $270,000 in one month and more than $690,000 in total. This proves that people are increasingly interested in what DTX Exchange can do.
At its core, DTX Exchange combines CEX and DEX to form a hybrid trading platform. In other words, users will have access to over 120,000 asset classes, such as currencies, bonds and cryptocurrencies, with leverage up to 1000x. Additionally, DTX Exchange focuses on privacy, unlike Coinbase, by eliminating registration KYC checks. With this development, anyone can trade anonymously.
The DTX token will power this platform. Holding this altcoin is essential for obtaining lower trading fees or governance voting rights. Additionally, anyone who purchases $100 worth of DTX during its presale will be entered into a $1 million giveaway. As part of this competition, ten lucky people will each receive $100,000.
The price of this altcoin now stands at $0.04 during stage 2 of its presale. First-time buyers enjoyed a 100% return on investment. But market analysts are predicting a potential rise to $1 once DTX hits Tier 1 exchanges in Q3 2024. This price prediction makes perfect sense, given its ties to the $133 trillion bond market . Therefore, DTX emerges as one of the best altcoins to invest in.
Will DTX Exchange leave Solana and Ethereum in the dust?
As Anatoly Yakovenko talks about Solana node expenses compared to Ethereum, new altcoins like DTX Exchange could also skyrocket. DTX has a small market capitalization and is linked to financial markets worth billions of dollars. As a result, DTX will rise much faster and higher than its peers. To capitalize on its growth, buy DTX using the links below.
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