The post SOL Whales Buy Up DTX Exchange and XRP as Ethereum ETFs Go Live appeared on BitcoinEthereumNews.com.

After the final go-ahead by the SEC for the Ethereum ETF launch, the altcoin market is ready to boost up. Solana (SOL) leads the sector with a bullish resurgence to the $185 threshold level. It dominated Ethereum and other deFi ecosystems built over the ETH blockchain.  As the hype of Ethereum ETF surges, SOL whales turn heads toward Ripple (XRP) and DTX Exchange (DTX). They do so before the summer rally fueled by the ETF launch comes into full swing. The SEC lawsuit of Ripple might end soon. The DTX Exchange also gains attention with a hybrid passive income model and cutting-edge features to transform the tradFi sector.  Ethereum ETF Goes Live – Crypto Sector Set to Boom  After the U.S. SEC gave the final go-ahead, the Ethereum ETF commenced trading today at 9:30 am. The Vertex CEO, Darius Tabai, voiced optimism for the launch of Ethereum ETF. He predicted that they could lead the altcoins to a bullish market rally.   The best inline cryptos for a bullish recovery after the ETF launch are SOL, XRP, and DTX Exchange. Let’s explore how these cryptos have reacted to the launch of ETH ETFs.  Solana (SOL) Dominates Blockchains With DEX Volume  The Solana price rallied to $185 amid a renewed interest in its upcoming ETF after the Ethereum ETF went live. It dominated the market with bullish gains, as reported by DeFiLlama. The ecosystem’s DEX volume in the last 24 hours was higher than the combined total of Ethereum and BNB Chain.  While bears have pulled the SOL price back to the $178 support, its outlook is promising. Analysts anticipate a bullish reversal to $200 in the upcoming days due to surging demand for Solana blockchain memecoins. The expected approval of Solana ETF also makes analysts bullish for Solana.  SOL Whales Bet…

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Filed under: News - @ July 24, 2024 4:20 pm