OKB (OKB) is the utility token of the OKX ecosystem, and it gives its holders various benefits, such as discounts and exclusive access to specific features. Due to this utility, the crypto originally saw a significant level of attention, but has recently stagnated in value with a drop in the last 30 days.
Solana (SOL), on the other hand, has seen bullish performance, and analysts are giving it attention with speculation about its future. Pullix (PLX) also stands out as the first community-backed exchange and as a DeFi project that can introduce the next era of TradFi. Today, we will go over their performance to see which is the best DeFi project.
Solana (SOL) Breaks Past $70 – Eyes $106.18 As Its Next Price Target
Solana (SOL) recently saw a total price increase of 442% in the past year, sparking interest from the entire Web3 community. During the past week alone, Solana broke past the $70 price barrier as its value moved up from $59.96 to $77.32.
The current market cap for the Solana crypto is at $30,585,453,983. According to crypto analyst Cryptonary, the SOL crypto could see a massive upswing soon, with $80 as its next price target. Based on the overall Solana price prediction, it can surge to $106.18 by 2024.
OKB (OKB) Experiences Price Correction – Can It Recover?
OKB (OKB) was originally created by Mingxing Xu, also known as Star Xu, the founder of OKX. The token is part of a Buy-back and burn program to preserve its value, which started on May 4, 2019. OKB holders can get passive income with OKX Earn and participate in token sales of crypto projects through the platform’s Jumpstart program.
Yet despite this, the OKB crypto has recently experienced a decrease in its value, where it entered the red zone in the past 30 days. While during the week, it managed to break past the $60 price barrier, it has since retraced to $58.20. According to the OKB price prediction, it can climb to $64.19 by the end of the year.
Pullix (PLX) – The First Community-Backed Exchange
Pullix (PLX) will be the first community-backed exchange where trades can be executed through an off-chain order book that can provide high speed and solve issues found in most CEXs and DEXs today. Pullix will solve liquidity issues by encouraging users to provide liquidity to the platform. This can attract a broader user base as well and increase the demand for the crypto.
Users can mirror the success of traders of higher experience levels through the usage of the Copy Trader feature.
Holding the PLX crypto also provides holders a lot of benefits, as they can access passive income by getting a portion of the daily revenues generated. This makes PLX one of the best crypto to invest in.
The multi-currency staking feature supports Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies as well. The platform will offer DeFi enthusiasts institutional-grade trading with high liquidity and minimal slippage, making it one of the best projects in its cryptocurrency ICO phase.
Summary
While OKB is struggling to maintain its value, and Solana is performing well on the charts, a high level of attention is being given to Pullix. During Stage 2 of the presale, the native token, PLX, is offered at just $0.042. According to the latest predictions made by analysts, it can climb by 100x when it launches and once it’s listed on Tier-1 exchanges.