The Solana price has been struggling to hold the $200 mark. Due to this, SOL memecoins like BONK and Book of Meme (BOME) are facing a huge hit. Meanwhile, a new ERC-20 token, DTX Exchange, is entering the spotlight with over $13.8 million already raised. DTX tokens are currently available for $0.16 each and have the potential to outperform BONK and Book of Meme (BOME). Let’s find out how.
Solana Price Analysis: What’s Next for Solana?
Currently, the Solana price is struggling to hold the $200 fundamental support level. Only a few weeks back, on January 19, the Solana price managed to reach an all-time high of $294 but is down by over 30% from that level now.
It was mostly because of the high influx of high-value meme coins on the platform. But now that the Solana price is struggling, SOL memes like BONK and Book of Meme (BOME) are taking a bigger hit.
Source: CoinMarketCap
Despite the challenges, experts are optimistic about the Solana price recovering in the long term with many predicting it could reach $400 in 2025 if the bull run starts. However, as of right now, moving averages are indicating a strong selling sentiment in the SOL token.
Due to the Solana price not being able to come up to expectations, investors are moving their funds into emerging tokens like DTX Exchange for better returns.
BONK Loses Hype Despite Massive Token Burn
BONK is currently trading just above $0.000017 with a slight decline in price. On the monthly chart, it is down by 30%. To counteract this issue, their team announced a massive token burn of 2.02 trillion tokens ahead of the 2025 Lunar New Year but it did not affect its price.
This meme coin is still showing weak price actions and a lack of strong buying interest. The whale activity has already decreased in BONK which shows a lack of confidence among major investors. Amid this, investors are looking for better profit opportunities such as DTX Exchange and exploring new tokens.
Source: CoinMarketCap
Book of Meme (BOME) Fading Fast? Struggling to Hold Ground
Currently, Book of Meme (BOME) is over 90% down from its all-time-high value of $0.028 that it achieved last year in March. The project has been in steep decline in the last 30 days with moving averages indicating a selling sentiment.
However, some experts are still optimistic about the Book of Meme (BOME) token’s future outlook with predictions of it reaching $0.00500 by 2027. This has caused investors to lose interest in the project and move to projects with high growth potential like DTX Exchange.
Source: CoinMarketCap
DTX Exchange Challenging Solana Meme Coins in 2025
DTX Exchange is a hybrid trading platform that combines the strengths of centralized and decentralized exchanges. This innovative approach has allowed this platform to capture significant attention from investors and traders. Analysts believe that DTX Exchange could outperform popular SOL meme coins like BONK and Book of Meme (BOME).
The feature that could help this platform stand out from the competition is the access to over 120,000 trading assets including cryptocurrencies, forex, stocks and much more. This way traders will be able to diversify their portfolio and spread their risk accordingly.
For the most experienced traders, DTX will provide a 1000x leverage option. By using it, traders can simplify their positions and profit 1000 times more from a small margin.
DTX Exchange will be powered by the VulcanX blockchain. In its latest testnet it was discovered that this blockchain can handle 200,000 transactions per second. This means that traders won’t have to face any delays for their trades to be executed.
Investor confidence is also evident in the project from its impressive presale achievements raising over $13.8 million and over 600,000 wallet addresses. Currently, the last stage of presale is ongoing with the price fixed at $0.16 per token.
Final Thoughts
As the Solana price struggles to maintain its footing above the $200 mark, meme coins like BONK and Book of Meme (BOME) are also declining steeply. Due to this investors are looking for more promising opportunities like DTX Exchange. With less than 15% of presale tokens remaining at $0.16 per token, now is the last time for investors to move into the project before the price potentially surges.
Check out these links for more information about DTX Exchange: