Solana’s (SOL) recent upgrade to version 1.18.15 has ignited excitement among investors and crypto enthusiasts. This update promises enhanced stability and performance, potentially paving the way for a breakout by meme-based cryptocurrencies like Dogwifhat (WIF) and Bonk (BONK).
Solana’s Mainnet Beta 1.18.15 boasts several improvements designed to elevate network performance and stability. A key feature is the optional central scheduler, aiming to tackle bottlenecks during peak congestion. With nearly 40% of validators already upgraded according to Solana Beach, the network is poised for a significant boost.
Meme Coins Eyeing Revival on Solana’s Upgraded Platform
Within the crowded meme coin market, Bonk (BONK) has carved a niche with its lightning-fast transactions and minimal fees. However, BONK has experienced a price dip of 16.71% over the past week, currently trading at $0.00002859. Despite the current selling pressure (RSI: 46.30), BONK’s community-driven spirit and Solana’s ongoing advancements could trigger a significant rebound.
Similarly positioned, Dogwifhat (WIF) stands to benefit from Solana’s(SOL) upgrade, particularly the enhanced transaction efficiency and scalability. These factors are crucial for WIF’s large-scale meme transactions and fostering interactive community engagements. While WIF’s price has dipped 22.88% in the last week, its current price of $2.67 and a $2.6 billion market cap suggest a potential buying opportunity (RSI: 41.49). As Solana’s upgrade unfolds and the meme coin trend continues, WIF could see an upswing, attracting investors seeking undervalued assets.
DTX Exchange Presale Gains Momentum as Meme Coins Take Center Stage
While meme coin enthusiasts keep their eyes on the Solana(SOL) upgrade, DTX Exchange (DTX) is making significant waves in its presale. DTX aims to bridge the gap between traditional finance’s reliability and blockchain technology’s efficiency. This comprehensive trading platform caters to both novice and seasoned traders with a user-friendly interface. DTX has already secured over $693,000 in its presale, with tokens currently at $0.04 (set to rise to $0.06 in the next round).
Also Read: Beyond Points: Solana Labs’ Bond Reimagines Loyalty Programs With Blockchain
DTX’s strong presale performance positions it for explosive growth. Its intuitive user interface simplifies crypto trading, making it accessible to a wider audience. With substantial funding secured through private and public rounds, DTX is poised to expand its offerings, potentially becoming a hub for trading established cryptos like Solana, BONK, WIF, and a vast array of other digital assets.
Solana’s upgrade integration signifies a potentially bullish future for DTX, situated at the intersection of traditional trading principles and cutting-edge crypto innovation. As the market absorbs the impact of Solana’s upgrade, a meme coin frenzy is anticipated, with investors closely monitoring these platforms for lucrative opportunities.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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