With the Plomin hard fork update, Cardano (ADA) is entering into a groundbreaking era of decentralized governance that could give its community more control. This milestone could be a catalyst for ADA’s future growth, but as the crypto landscape evolves, the competition is heating up.
DTX Exchange (DTX) is rising as a dominant player in the crypto space with a record-breaking presale already crossing $13.5 million, with tokens selling for $0.16 only in stage 8. As Cardano decides its post-fork trajectory, could it keep up with the accelerating momentum of DTX? Let’s find out.
Can Cardano’s Plomin hard fork Boost ADA’s Market Standing?
With the recent Plomin hard fork upgrade, Cardano has reached a major turning point in its development and entered a new age of completely decentralized governance.
The future of the network is now securely in the hands of its community thanks to the Plomin hard fork implementation, which went into effect on January 29, 2025. This gives ADA holders direct voting rights on protocol upgrades, treasury allocations, and future hard forks. Cardano’s dedication to decentralization and community-driven development is shown by its Plomin hard fork update.
The market performance of ADA has been closely monitored since the Plomin hard fork went live. ADA is currently trading at around $0.75 as of February 6, 2025, indicating a minor decline over the previous day. The $1.88 billion 24-hour trade volume shows that the market is actively participating.
Source: CoinMarketCap
The Cardano community has expressed hope following the successful deployment of the Plomin hard fork. It is anticipated that this development will improve the platform’s flexibility, which might eventually have a good impact on ADA’s market standing.
However, Cardano (ADA) may find it hard to keep up with emerging players like DTX Exchange which is showing exceptional performance in its ongoing presale.
How DTX Presale Could Outpace ADA in Plomin Hard Fork Era
DTX Exchange’s ongoing presale is rapidly selling out as already seven stages are sold. The presale despite being launched just a few months ago has collected over $13.5M, reflecting the massive adoption of this upcoming platform. Currently, in the eighth stage, each DTX token is priced at only $0.16, which could be a perfect entry point for investors to jump in.
The project is still in its early stages meaning the project still has a lot of margin to deliver big gains. Analysts are forecasting big gains as DTX’s listing rumors in Q2 2025 surface on the internet. This has got the market thinking if Cardano, which recently rolled out the Plomin hard fork update, could keep up with DTX’s exceptional momentum.
1000x Leverage & Multi-Asset Trading: How DTX Disrupts the Market
DTX Exchange has recently come under the spotlight as it shows a strong growth trajectory in its ongoing presale. DTX Exchange is an emerging platform that attempts to tackle traders’ most pressing issues by combining the best of centralized and decentralized finance.
By doing so, the platform is consolidating assets from every generation onto a single platform. Thus, on a single platform, DTX users will be able to trade both conventional assets like stocks and bonds and modern assets like cryptocurrencies, ETFs, and Forex.
Its layer-1 blockchain, VulcanX, powers this revolutionary platform. Its testnet recently went live delivering over 200,000 TPS, setting a record of executing transactions at an exceptional speed.
Additionally, the platform allows users to employ leverage up to 1000x, which gives traders access to maximal liquidity, to capitalize on their investment irrespective of its size. Furthermore, to ensure that its users experience the least amount of slippage and execute transactions at the best pricing, the platform also uses its distributed liquidity pool, which aggregates liquidity from multiple sources.
Final Thoughts
As Cardano (ADA) starts its Plomin hard fork era, it’s clear that the network is making major strides toward full decentralization. However, the rise of DTX Exchange presents a compelling challenge, especially with its record-breaking presale and game-changing trading model. While ADA remains a strong force in the crypto market, investors are now questioning whether it can match DTX’s explosive momentum.
Check out these links for more information about DTX Exchange:
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