Solana

Bitcoin ETF

Bitcoin

IoTeX

<div class="coinjournal">
 <ul class="decimal_type">
  <li>IoTeX’s IOTX token is up 163%, driven by an on-chain metrics surge.</li>
  <li>Pullix’s ongoing presale raises $1.4M; platform introduces innovative “Trade-to-Earn” model.</li>
  <li>Solana hits a 19-month peak above $102, surpassing XRP in market cap ranking.</li>
 </ul>
 <p>While IoTeX, Bitcoin, and Solana witnessed considerable gains in the past few weeks, a new hybrid DeFi exchange Pullix is making waves with its PLX token presale.</p>
 <p>Read along as we explore the recent market movements as we head into 2024 and the promising features of Pullix, currently in its presale stage.</p>
 <h2 id="iotex-bridging-physical-and-digital-realms">IoTeX: bridging physical and digital realms</h2>
 <p>IoTeX (IOTX), the native token of the IoTeX network, a decentralized platform facilitating machine-to-machine interactions, has experienced a remarkable <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a>. The token has gained 109.27% in the last month to trade at $0.05255 at the time of writing. It is trading 162.93% higher over the past year, making it among the very few cryptocurrencies to sustain a bullish trend.</p>
 <div class="fr-img-space-wrap"><span class="fr-img-caption fr-fic fr-dib fr-draggable" style="width: 100%"><span class="fr-img-wrap"> <p><img decoding="async" src="https://cdn.thebittimes.com/images/2023/12/24/0dfb6c71e646a8324340eccdd1341da9.webp" class="fr-fic fr-dib" width="615" height="383"><span class="fr-inner" style="background: transparent;position: relative"><em>IOTX price chart</em></span></p> <p></p></span></span>
  <p class="fr-img-space-wrap2">&nbsp;</p>
 </div>
 <p>Recent on-chain metrics reveal a surge of over 90% in IoTeX’s native token, IOTX, within the past week. A notable catalyst for this breakout is the platform’s increased activity and adoption, exemplified by processing over 1 million transactions in a single day on December 19th.</p>
 <p>IoTeX’s innovative hardware integration in security and oracle sectors, including products like Ucam home security cameras and Pebble data oracles, is capturing the attention of investors.</p>
 <h2 id="bitcoin-hits-44k">Bitcoin hits $44K</h2>
 <p>Bitcoin (BTC), the pioneering cryptocurrency, hit a daily high of $44,075.15 for the first time in over a year.&nbsp;</p>
 <div class="fr-img-space-wrap"><span class="fr-img-caption fr-fic fr-dib fr-draggable" style="width: 100%"><span class="fr-img-wrap"> <p><img decoding="async" loading="lazy" src="https://cdn.thebittimes.com/images/2023/12/24/4ca7a52c2f2278807db05e9418360fa9.webp" class="fr-fic fr-dib" width="615" height="395"><span class="fr-inner" style="background: transparent;position: relative"><em>Bitcoin price chart</em></span></p> <p></p></span></span>
  <p class="fr-img-space-wrap2">While the asset experienced some retracement, the overall trajectory remains positive buoyed by the high anticipations of a spot <a rel="noopener noreferrer nofollow" title="Bitcoin ETF" href="https://thebittimes.com/tag/bitcoin-etf.html">Bitcoin ETF</a> approval by January 10 and the upcoming Bitcoin halving event.&nbsp;</p>
  <p class="fr-img-space-wrap2"></p>
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <p lang="en" dir="ltr">"The Fed's pivot is really important. That press conference was as dovish as anybody expected and the markets are behaving that way," says @Novogratz. "#Crypto likes it. We are going to get this ETF before January 10." pic.twitter.com/Tu7uSHiPcV</p>
   <p>— Squawk Box (@SquawkCNBC) December 19, 2023</p>
  </blockquote>
  <p></p>
 </div>
 <p>In a review of 2023, Kaiko Research stated that “Bitcoin is set to close the year as one of the best-performing assets, up more than 160% and outperforming all major traditional assets even in risk-adjusted terms,” second only to semiconductor giant Nvidia.</p>
 <h2 id="solana-s-soaring-success">Solana’s soaring success</h2>
 <p>Solana, a high-performance blockchain platform, has outshone other larger-cap altcoins, reaching a 19-month peak above $102. The SOL token price has surged by 765.76% in the past year joining the likes of IoTeX for a consistent bullish surge throughout the year.</p>
 <div class="fr-img-space-wrap"><span class="fr-img-caption fr-fic fr-dib fr-draggable" style="width: 100%"><span class="fr-img-wrap"> <p><img decoding="async" loading="lazy" src="https://cdn.thebittimes.com/images/2023/12/24/322efa20ab8d8622addb5ba6dadbce2a.webp" class="fr-fic fr-dib" width="615" height="373"><span class="fr-inner" style="background: transparent;position: relative"><em>Solana price chart</em></span></p> <p></p></span></span>
  <p class="fr-img-space-wrap2">&nbsp;</p>
 </div>
 <p>This <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a> has propelled SOL to surpass XRP as the fifth-largest cryptocurrency. Other notable gainers in the market include Avalanche (AVAX) and Polkadot (DOT), both experiencing significant price increases.</p>
 <h2 id="pullix-redefining-crypto-trading-with-a-hybrid-approach">Pullix: redefining crypto trading with a hybrid approach</h2>
 <p>While the larger crypto market <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a>s towards 2024, Pullix, is set to redefine crypto trading with its innovative <a rel="noopener noreferrer nofollow" title="hybrid" href="https://thebittimes.com/tag/hybrid.html">hybrid</a> <a rel="noopener noreferrer nofollow" title="exchange" href="https://thebittimes.com/tag/exchange.html">exchange</a>. Combining the strengths of centralized and decentralized <a rel="noopener noreferrer nofollow" title="exchange" href="https://thebittimes.com/tag/exchange.html">exchange</a>s, Pullix introduces a <a rel="noopener noreferrer nofollow" title="unique" href="https://thebittimes.com/tag/unique.html">unique</a> “Trade-to-Earn” concept through its native token $PLX.</p>
 <p>The PLX token presale has seen substantial interest, raising $1,387,783 with 85.4% of tokens already sold.</p>
 <p>Investors holding PLX tokens enjoy various benefits, including passive income through staking, trading fee discounts of up to 60%, and exclusive rewards derived from the platform’s daily revenue.</p>
 <h2 id="should-you-invest-in-pullix-evaluating-the-prospects">Should you invest in Pullix? Evaluating the prospects</h2>
 <p>As Pullix gains momentum in its presale, investors may wonder whether it’s a worthwhile addition to their portfolios. Maybe the platform’s commitment to transparency, a crypto deposit-only system, and no KYC requirements could be a consideration when thinking about whether or not to invest in it.</p>
 <p>In addition, staking PLX offers a chance for users to earn passive income, and the innovative buy-back and burn mechanism creates scarcity, potentially driving up token value.</p>
 <p>However, as with any investment, investors must conduct thorough research, considering the risks and rewards involved especially with the highly volatile cryptocurrency market.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/iotex-bitcoin-and-solana-surge-as-pullix-emerges-as-a-unique-hybrid-defi-exchange-tbt74628.html">https://thebittimes.com/iotex-bitcoin-and-solana-surge-as-pullix-emerges-as-a-unique-hybrid-defi-exchange-tbt74628.html</a></p>

IoTeX, Bitcoin and Solana surge as Pullix emerges as a unique hybrid DeFi exchange

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