The crypto market is going through a high volatility phase, and in the coming time, with major events like the US presidential election, the VIX is going to increase. Top cryptos like Ripple (XRP) and Arbitrum (ARB) are also facing high volatility.
Ranking #7 in the market, Ripple (XRP) has decreased by over 3% in the last seven days, while Arbitrum (ARB) has shown flat price action decreasing 0.53% over the previous week. Meanwhile, some projects are standing tall in the high market volatility condition, like DTX Exchange (DTX), which has doubled from its initial price of $0.02 to $0.04.
What you'll learn 👉
Chainlink (LINK) Weak Price Action Despite Some Development
In a recent development, Chainlink (LINK) has announced integration with UnitusFi to enhance the reliability and security of its lending protocol across multiple blockchain networks using Chainlink (LINK) Price Feeds.
Additionally, Chainlink (LINK) has fully implemented its product suite on Base, an Ethereum Layer 2 solution developed by Coinbase. This deployment includes essential tools like Data Streams and Verifiable Random Function (VRF), providing developers with powerful resources to build decentralized applications (dapps).
Despite these developments, Chainlink (LINK) has not been able to bounce off the $10 level and is consolidating under the supply zone of 5 August; a move in either direction will tell the price direction of Chainlink (LINK).
Arbitrum (ARB) Approves Staking Proposal
The Arbitrum (ARB) DAO has passed a proposal to enhance the ARB token’s utility and strengthen governance security. The proposal received overwhelming support from the Arbitrum (ARB) community, with 91% approval from over 25,000 participants, concluding its on-chain voting on August 15.
Arbitrum (ARB) has become one of the most widely used layer-2 protocols due to its strong ability to consolidate funds. As Arbitrum (ARB) continues to hold its position as a leading Layer 2 solution on Ethereum, this update will be crucial for its future.
DTX Exchange: Helping Traders and Investors For Better Performance
DTX Exchange is revolutionizing the online trading and investing niche with better quality features and high adaptability from traders and investors. The response from users has been overwhelming as 12,000+ users have already joined the platform just after the two months of launch.
DTX combines the strengths of both decentralized (DEX) and centralized exchanges (CEX) to create a secure, feature-rich trading platform. It’s an excellent choice for those who value privacy and prefer to avoid intrusive KYC checks.
Traders can access over 120,000 different assets—including crypto, gold, and bonds—with leverage of up to 1000x. Unlike many other platforms, DTX lets you trade without revealing your identity.
As the crypto market continues to grow, DTX Exchange is paving the way for a new era of trading. According to analysts DTX Exchange is going to lead the market in the next bull rally, making it a strong investment opportunity.
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