DTX Exchange’s Latest DEX Feature Has Ripple (XRP) and RUNE Whales on Edge; 1000% Price Rally Possible

2 days ago 17

THORChain (RUNE) and Ripple (XRP) have gained quite good returns in the last few years. Even so, their latest performance, in 2024, has frustrated investors after they had to stomach the loss for a long duration. Many cryptocurrency enthusiasts say investing in mini-caps that release great blockchain projects like DTX Exchange (DTX) will be more successful during the bull market.

DTX Exchange, which sets itself the most ambitious goal of being the first hybrid decentralised exchange, is positioning itself as a competitor to Titans like Robinhood and Binance. 

Ripple (XRP) Authority Criticises SEC’s Mistake In Binance Case R

Ripple (XRP)'s Stuart Alderoty challenged the U.S. Securities and Exchange Commission (SEC), mentioning that how the SEC handles token categorizations has been inconsistent. Grewal stressed Footnote 6 in the SEC's revised complaint versus Binance, where they admitted the confusion of classifying tokens as securities.

He went on to say that the SEC’s stance on Ethereum transactions was contradictory. Alderoty also took the same line of reasoning and cautioned that, besides the fact that Ripple (XRP) is decided, "fair notice" is still a great defence for others.

In response to growing criticism, the SEC has apologised for the confusion caused by its language in the Binance case. The regulator explained in the lawsuit’s footnotes how it had used the term "crypto-asset securities" and adjusted its wording in the Ripple (SEC) case. 

THORChain (RUNE) Completes The Hard Fork

Thorchain (RUNE) has undergone a main hard fork, a necessary step in the platform's development. The upgrade is intended to enhance the Thorchain (RUNE) network's performance and security and secure its place in decentralised finance (DeFi).

Upgrades in Thorchain (RUNE) can appear whenever all validators upgrade to a new version of THORNode. Nevertheless, some updates, such as hard forks, must be coordinated to ensure network security and efficiency. The nodes briefly freeze swaps and validator churning during the upgrade to protect user funds. After they arrive at the hard fork block, nodes install version 2.135.0 of THORNode, and the system starts to work as usual once all the updates are finished.

DTX Exchange: Fastest Platform With Low Fees 

DTX Exchange is gaining attention for its innovative blockchain technology. This DeFi platform supports trading major cryptocurrencies while offering access to forex and equity markets. During the third stage of its presale, DTX raised over $2.6 million. Experts predict DTX will quickly become a strong layer in the DeFi space.

DTX platform is a combination of centralised and decentralised exchange primarily because it gives the advantage of both to the users, spreading them under a single system. Using the strengths of centralised and decentralised exchanges, DTX is the immune system of financial security through which all users can indefectibly trade their assets across traditional finance (TradFi) and decentralised finance (DeFi); as for these technologies, they are already there for the masses.

Its non-custodial wallets give users full control over their digital assets and private keys, minimising security risks. DTX’s high-security protocols ensure fast transactions under 0.04 seconds and safe trading. With these features, DTX has emerged as a market leader, even before its Binance listing.

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