- Ripple Still Below $0.6 Mark: Will XRP Crawl to the Safe Zone?
- NEAR Protocol Hits Two-Month High: Scalability Dilemma Solved!
- DTX Exchange: DeFi Staking and 120,000 Trading Options for All Users!
Ripple (XRP) remains in consolidation mode after a two-year standoff with the SEC, NEAR Protocol (NEAR) hits a two-month high, and the new DTX Exchange platform draws attention with its DeFi staking and wide range of trading options.
Ripple Still Below $0.6 Mark: Will XRP Crawl to the Safe Zone?
Early in the week, the XRP price was caught in neutral territory, with both bulls and bears vying for control over Ripple's price. The closest resistance level stood at $0.6, but the bulls clearly had work to do to get there. As the week draws to a close, the Ripple price seems to have picked up momentum, as market sentiments have shifted considerably in favor of the bulls. Sure, the token is still below $0.6, but at its current $0.589 price and 0.46% daily gains, Ripple might be inching its way to the greens.
NEAR Protocol Hits Two-Month High: Scalability Dilemma Solved!
On September 23, 2024, the NEAR Protocol blockchain completed its sharding operation, as announced by Justin Bons on his Twitter/X account. Positive reports of the sharding over the past month have generated traffic on the NEAR blockchain, raising the token price by 57% to a two-month high of $5.59. Total Value Locked (TVL), as well as increased network activity, have also contributed to NEAR Protocol's gains, solidifying the token's bullish status. TVL has gone up by 34% in the past two weeks, and Open Interest on the NEAR token has risen to about $279.2 million. Currently, the Relative Strength Index (RSI) on NEAR Protocol's charts reads 70, a show of bullish control. A drive to $6 is on, and the buyers could even get NEAR up to $6.45 if the market permits.
DTX Exchange: DeFi Staking and 120,000 Trading Options for All Users!
DTX Exchange represents the latest Ethereum-based project offering access to all the benefits of DeFi. DTX Exchange has the potential to unseat some of the top tokens, especially with its trader-centric platform, but it won't cater only to traders. For non-trading folk who are interested in other forms of DeFi, DTX Exchange has quite the features for you. The platform staking allows for up to 15% APY earnings, where DTX users stake their tokens to provide liquidity for traders on the platform. Along with staking rewards, stakers will also gain from the trading fee revenue generated on DTX Exchange according to how much they hold or stake on the platform. Traders have 120,000 trading instruments to pick from on DTX, spanning the stock, crypto, and Forex markets. There are also Real World Assets (RWAs) that users can access to trade rare commodities like gold and crude oil in the crypto-verse. It's a full suite of trading–and non-trading–features available from DTX.
Ripple (XRP) continues to seek support and stability in the market, while NEAR Protocol demonstrates impressive growth by solving its scalability dilemma. Meanwhile, DTX Exchange enters the market with a broad range of DeFi opportunities and trading instruments, drawing attention from traders and investors alike.
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