Solana volume makes new highs but leading weekly gainers are JUP, DTX Exchange

Solana trading volume surges, but Jupiter and DTX Exchange dominate weekly gainers. DTX’s viral presale, now in its final round, raises over $13m.

While Solana records an impressive surge in trading volume, this week’s real winners are Jupiter (JUP) and DTX Exchange (DTX), two tokens that are capturing investor interest with massive price movements and strong presale momentum. DTX Exchange, in particular, is making waves as it crosses the $13 million milestone in its final presale round, positioning itself as a key contender in the multi-asset trading space.

With both tokens outperforming Solana’s weekly gains, all eyes are on these rising stars as they reshape the altcoin narrative.

Solana price struggles below key resistance

Solana’s price action remains under pressure after its recent peak of $285 on January 19. Following a 12% dip, the price now hovers around $238.41, testing support near $232. A break below this level could trigger further downside, with analysts eyeing $216.90 as a critical Fibonacci retracement zone.

Despite the correction, Solana’s technical indicators suggest a potential reversal. The RSI on the 4-hour chart signals oversold conditions, and a break above the $270 resistance could reignite bullish momentum, possibly driving SOL back toward the $300 mark.

Adding to the bullish outlook is the ongoing speculation surrounding a Solana ETF approval, which could serve as a major catalyst for price recovery. However, traders remain cautious, keeping an eye on key support levels amid the volatile market.

Jupiter: Bullish momentum builds as traders eye new highs

Jupiter has become one of the top-performing tokens this week, fueled by significant ecosystem developments and strategic moves. The platform recently announced a $50 million JUP buyback, a 3 billion token burn, and the acquisition of key Solana ecosystem players like Moonshot and SonarWatch.

These moves have sparked a 25% price surge, propelling JUP toward the crucial $1.25 resistance level. A breakout above this level could pave the way for a rally toward its all-time high of $1.84.

Technical indicators support the bullish outlook, with both the RSI and MACD signaling upward momentum. Analysts predict that if JUP clears its resistance zone, it could target a price of $2.13, representing a potential 75% gain from current levels.

DTX Exchange: Final presale round draws massive attention

While Solana and JUP dominate headlines, DTX Exchange is quietly making waves as a utility-driven project poised to disrupt the trading industry. Powered by the VulcanX blockchain, which boasts an industry-leading 200,000 TPS, DTX offers a comprehensive trading platform supporting stocks, forex, cryptocurrencies, and tokenized real-world assets through its Phoenix Wallet, which has surpassed 330,000 downloads.

Currently in its final presale round, DTX has raised over $13 million, with each token priced at $0.16. Analysts project a 440% gain upon listing, sparking a sense of excitement among investors eager to secure their share before the platform’s official launch.

Unlike speculative assets, DTX stands out for its solid utility and long-term growth potential, positioning it as a formidable contender in the crypto space.

Market outlook

As Solana consolidates near key resistance levels, the market remains divided between speculative momentum and the rising appeal of utility-driven projects. Solana’s performance continues to influence overall market sentiment, but the spotlight is shifting toward altcoins like Jupiter and DTX Exchange, which are reshaping narratives through innovation and ecosystem development.

With DTX in its final presale round, investors should keep a close eye on its upcoming launch, which could redefine expectations for utility-focused blockchain projects.

To know more about DTX Exchange, visit the website, presale, and join the community.