Cardano has kicked off voting for its Project Catalyst Fund 11. Meanwhile, both Ethereum and Pullix have set timelines for major upcoming developments. While Ethereum has set a date for its Dencun testnet upgrade, Pullix has set its launch date.
Cardano (ADA) Opens Voting for Project Catalyst Fund 11
Cardano’s (ADA) Input Output Global (IOG) recently started the voting phase for Project Catalyst grant fund 11. Project Catalyst acts as a booster and grant source for the Cardano ecosystem. It is held every few months, offering a specific amount of ADA to support various projects.
Meanwhile, this fund focuses on six categories for proposals. These categories are organized into three main Cardano use cases, which are concept, solution, and product. The voting period for Fund 11 is ongoing and will continue until February 8 at 11:00 a.m.
Meanwhile, Cardano’s ADA continues to trade within the $0.4509 – $0.5196 price range. This comes after the DeFi token fell from the $0.6 level at the beginning of 2024.
Ethereum (ETH) Developer Sets Timeline for Dencun Testnet Upgrade
The Dencun testnet upgrade, recently announced by the Ethereum (ETH) team signals an important stage in the evolution of the network. The main purpose of this revision will be to lower the transaction fees on layer-2 solutions as well as make data cheaper via blockchain.
The team has scheduled two test networks, Sepolia and Holesky, for January 30 and February 7, respectively, to guarantee a seamless upgrading. It is hoped that the update will improve the Ethereum network’s attitude and, consequently, impact Ethereum’s price.
Ethereum has dropped as low as $2,186 on the weekly timeline based on CoinMarketCap, and it hasn’t been able to recover in any way. A stronger sense of optimism might propel the DeFi token to trade at $2,500 in the next few weeks.
Pullix (PLX) Launch Date Slated for Q1 2024
Pullix (PLX) is a new hybrid exchange, which combines the best features of traditional finance and decentralized finances, thus providing convenient access to various asset swaps. Pullix boasts several key features.
For instance, it gives you full control over your private keys. The DeFi project also offers margin trading across multiple assets, with leverage options up to 1000: 1. Finally, there is no purchase or sales tax on Pullix.
The DeFi swap is also a great feature of Pullix. This feature simplifies and reduces the costs of trading digital assets. It is easy to use, cheaper, and faster than the competition. This lets you trade tokens directly without intermediaries.
While Pullix is gaining attention for its features, PLX could be one of the best altcoins to invest in. The launch of the Pullix is in the first quarter, and PLX is expected to see its price increase by 100x, according to experts. This makes now an excellent time to invest in the DeFi project, as its current price is just $0.010 per coin.
Closing Thoughts
While Cardano and Ethereum are top coins in the crypto industry, Pullix is one of the best altcoins to invest in at the moment. Apart from its bullish price movement, it has numerous features and even employs the Ethereum blockchain for top-notch security.
For more information regarding Pullix’s presale see links below:
Disclaimer: This is a paid post and should not be treated as news/advice.
