It has been an exciting past few days after the CPI data release. As the crypto community awaits the Fed’s decision on a rate cut, zkSync’s (ZK) integration of Chainlink’s (LINK) CCIP is another development stirring market buzz. The interoperability platform announced that its Cross-Chain Interoperability Protocol (CCIP) is now live on zkSync’s mainnet.
Meanwhile, Ethereum (ETH), the leading altcoin, prepares for the next leg of its bull run. On track for a complete comeback, it is among the best cryptos to invest in. At the same time, the investment town is buzzing with DTX Exchange (DTX), a new DeFi protocol. It aims to reshape the global trading scene, placing it on investors’ radars.
DTX Exchange (DTX): Stirring Market Excitement
DTX Exchange (DTX), the latest crypto sensation, is more than just a DeFi protocol; it is a hybrid platform on a mission to reshape the global trading scene. Its unique offering is a blend of CEX and DEX, striking a balance between accessibility and security.
Given the several challenges faced by centralised and decentralised platforms, DTX will combine their best elements, offering the best of both worlds. In addition to allowing users to trade diverse assets across stocks, bonds, forex and cryptocurrencies, its non-custodial storage will improve security. At the same time, it embraces financial inclusion through wallet-based trading—no need for traditional bank accounts.
In light of the above, it is on track to reshape the $10 billion global trading market. The ongoing presale is in the third round and a token is competitively priced at $0.06, adding to its appeal. Besides, a 50x rally is anticipated after its launch, outshining top altcoins like Chainlink (LINK) and Ethereum (ETH).
Chainlink (LINK): Strategic Partnership With zkSync
Chainlink (LINK), a popular Oracle network, ranks as a top 15 crypto on the altcoin list. Its key role in connecting smart contracts to critical off-chain information contributes to rising demand and upswing.
The Chainlink price increased 3.5% in the past month, hovering above the $10 support. While recent price actions have been largely underwhelming, a breakout is expected in the coming days. The levels to watch are $15 and $20, placing it on the list of top cryptos to invest in.
In recent Chainlink news, a strategic partnership has been forged with zkSync (ZK). The post, tweeted on X (formerly Twitter), announced that Chainlink CCIP is now live on the ZK mainnet to power cross-chain interoperability.
Ethereum (ETH): Gearing Up for the Next Leg of its Bull Run
Ethereum (ETH), the leading altcoin, has been poor these past few weeks. Its price actions have been largely bearish, losing key price levels as demand tumbled, as has DeFi activity. The Ethereum price slumped 13% on the monthly charts, retesting old price levels.
This downswing continues in shorter timeframes. On the weekly charts, Ether declined 3%, hovering above $2,200. With many holders already shaken out of their positions amid fear of further upswings, the coming days promise a huge price leap.
On the bright side, the price downswing provides a good entry to what might be huge gains—a dip worth buying. Industry experts believe a jump past $2,500 is on the cards in the coming days. Its yearly outlook is a projected rally past $4,000, placing it on the list of altcoins to watch and buy.
Conclusion
The recent integration of Chainlink’s (LINK) CCIP by zkSync highlights the former’s rising adoption in the interoperability scene. Meanwhile, Ethereum (ETH) prepares for the next leg of its upswing, while DTX Exchange stirs excitement with its hybrid exchange protocol.
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