The recent introduction of meme coins like TRUMP and MELANIA has generated significant attention in the Solana news, leading to a sharp increase in the price of SOL. However, due to a general weakness in the market, the selling of meme coins has caused the Total Value Locked (TVL) in Solana to drop to $9 billion.
Despite the bearishness of the SOL price, DTX Exchange, a new DeFi platform, has gained considerable traction and momentum in the market, even in the face of a weak market condition. Early investors have already made profits of over 800% from its initial coin offering (ICO) surge, which is now in its final stage. Global investors are showing great interest in DTX Exchange due to its innovative approach to asset trading and management.
The Solana news highlights a significant change in the ecosystem, as the launch of meme coins related to U.S. President Donald Trump initially sparked interest and drove up the SOL price, pushing the TVL on the network to over $10 billion for the first time since the collapse of FTX. However, in the past two weeks, the Solana DeFi ecosystem has experienced a sharp decline of approximately $3 billion, bringing the TVL down to a critical level of $9 billion.
In addition to the drop in TVL, the Solana News also reveals a 24% decrease in network revenues since early December, indicating a decline in network activity. This trend highlights the challenges that Solana is facing in a rapidly evolving blockchain sector.
Can the SOL price recover to previous levels? The SOL price has performed remarkably well amid positive Solana news. It has increased by 55% year-to-date in 2025, outperforming the broader market. However, it has retraced to levels below $200 since last December. In the past seven days, the SOL price has dropped by 18.38%, with the market cap falling below $95 billion.
Courtesy: TradingView
On the 4-hour chart, the SOL price is attempting a double bottom formation, rising after finding support at the local level of $190. If the momentum continues, the resistance level of $220 will be tested in the coming weeks. However, a drop below the base of the reversal pattern would confirm further downside, potentially pushing the SOL price down to $160, representing an 18% decline from the current levels. The SOL ETF could be a major Solana news that could help reverse the price direction.
DTX Exchange (DTX) is reshaping the trading scene with its groundbreaking approach to asset trading, which has garnered attention in the cryptocurrency market. This hybrid platform combines the best features of centralized and decentralized exchanges. As the first-ever hybrid platform, DTX Exchange has the potential to become a leader in the space with a significant market share.
The online trading space has long faced challenges such as slow speed and increasing slippage. However, DTX Exchange aims to completely change this landscape by integrating over 120,000 asset classes into a single platform, offering cutting-edge technology and impressive features. Traders can now access stocks, forex, crypto, ETFs, and derivatives all in one place. The platform interface is designed to be user-friendly, making it easy for both new and experienced traders to navigate.
Furthermore, DTX Exchange offers enhanced liquidity with 1,000x leverage, allowing investors to take larger positions with less capital. This feature caters to those who want to maximize their smaller investments. Over 854,000 users have already signed up during the pre-registration phase, and as the ecosystem continues to grow, DTX Exchange is emerging as the preferred platform for traders around the world.
The project has undergone thorough inspection by SolidProof, increasing its transparency and credibility among investors. As the final stage of the DTX token presale is selling out, savvy investors are rushing to secure their slots. The tokens are currently available at a discounted price of just $0.16. Market analysts predict that this altcoin could experience an exponential price jump in 2025, surpassing giants like Solana.
To find out more information about DTX Exchange (DTX), please visit the links below:
– Buy Presale
– Visit DTX Website
– Join The DTX Community