Pullix is a new DeFi project gaining momentum as it has the potential to surpass popular platforms like Ethereum (SOL) and Solana (SOL) by offering passive income generation options. For investors looking to diversify their holdings and earn passive income, Pulix is a great cryptocurrency to buy due to its income potential and bright future.
Ethereum (ETH) Dencun upgrade begins
The new Ethereum (ETH) update “Dencun” was activated on the Sepolia test network this Tuesday. This update was an important step towards the launch of the long-awaited “Protodunk Sharding” feature.
Well, there’s only one more update left, and it’s coming on February 7th. After that, the Ethereum team plans to schedule the launch of Dencun’s mainnet. Protodunk Sharding is a feature intended to reduce gas prices and improve the scalability of the Ethereum network, and will be introduced by Dencun.
Ethereum price is currently trapped between $2,186.24 and $2,379.82. The altcoin is showing bearish momentum and failed to close above $2,500.
Solana (SOL) Far from its peak in December
Solana (SOL) is showing strong movement with a 13.6% rise on the weekly chart. According to CoinMarketCap, the altcoin is trading between $85.89 and $106.00.
This comes after falling below the $80 threshold last week. Increased trading activity on the Solana network is one of the factors contributing to Solana’s recent price hike. Additionally, more traders are starting to use Solana instead of Ethereum due to its lower fees and faster transactions. Solana’s price has shown some bullish momentum recently, but it’s still a long way from its 2021 all-time high of $260.
Moreover, it has yet to reach its December high of $125. Bullish predictions from crypto experts like Ali Martinez and Michael van de Poppe point to a possible rally to $113 and $115.
How to earn passive income with Pullix (PLX)
Pullix (PLX) is a DeFi project that combines the best features of centralized and decentralized exchanges, offering users multiple ways to generate passive income. These methods include staking and yield farming, where you can stake LP tokens and contribute to the liquidity pool.
The minimum transaction cost charged by Pullix Swap is 0.25%, and the proceeds are deposited into the Pullix pool in the form of LP tokens. After conversion to PLX, these LP tokens will be given to Pullix LP token holders. As a result, your stock holdings will increase and you will be able to generate passive income using fixed capital gains.
Similarly, Pulix has attracted attention for its wide spreads and high transparency and liquidity. Liquidity is one of the common issues with DEXs. Pullix solves this problem by encouraging active market participation to increase liquidity.
The platform also promises more competitive rates than many leading platforms and supports anonymous trading with no KYC steps required.
Another big concern with this DeFi project is security. Pullix allows users to securely manage their private keys. Currently, the price of Pulix has recently skyrocketed, increasing from an initial price of $0.08 to $0.10 in stage 7 of the presale. PLX expects Hundredfold It is expected to increase in the first quarter of 2024.
Pullix’s passive income opportunities make it a great cryptocurrency to buy ahead of Ethereum and Solana. Instead of leaving your tokens idle, you can join the Pullix platform and put your tokens to work.
For more information about the Pullix presale, please see the link below.