Solana (SOL) continues to surge in October as Bitcoin (BTC) sets a new ATH. Market experts are confident that Solana will be among the top bullish cryptocurrencies of 2025.
Yet, some investors argue that the potential for asymmetric gains might lie in the ICO sector. PayDax Protocol (PDP) is a new ICO project that is gaining attention for its DeFi lending and borrowing ecosystem.
Nearly $1 million has been raised in PayDax’s presale as the stage draws closer. Here’s why investors say PayDax could become one of the best assets to buy.
Solana holders eye the $300 mark
Solana has roared back into action over the past few days, buoyed by Bitcoin’s continuous surge. On October 7, Bitcoin set a new ATH of $126,000, sending investor demand to sky-high levels. This resulting bullish momentum has helped Solana return to the green zone while overturning losses from the previous month.
As of this writing, Solana is trading at $222.95 following an 8.61% jump over the past week. Solana’s 30-day chart also shows an 8.95% rally. Solana will likely stay bullish in the coming months due to its surging institutional demand.
Reports from the CME group show that the Open Interest for Solana Futures crossed the $1 billion mark five months after launch. In contrast, it took Bitcoin Futures over three years to reach the $1 billion Open Interest mark. If institutional demand for Solana remains high, the token could surge to $300 by December.
Why DeFi Banking Might Put PayDax Among the Best Assets to Buy
PayDax is introducing a new standard in decentralized banking by merging on-chain lending, staking, and custody solutions into one unified ecosystem. Borrowers can access loans with up to 97% loan-to-value (LTV) using crypto or tokenized real-world assets as collateral, while rewarding lenders with up to 15.2% APY on loans.
By offering peer-to-peer lending services, PayDax allows crypto users to access much-needed liquidity without selling off their assets. By doing so, PayDax answers a big demand in the crypto ecosystem, which, although it is worth trillions of dollars, still has limited access to liquidity.
PayDax’s DeFi ecosystem is robust enough to protect lenders. Via a Redemption Pool, PayDax safeguards lenders from defaults. This guarantees long-term stability as lenders will always get repaid on time. In return, users who help underwrite loans via staking tokens in the Redemption Pool wukk earn up to 20% APY. Furthermore, PayDax offers 6% APY alongside governance benefits for protocol staking and up to 41% APY for advanced yield farming strategies.
How PayDax’s Partnerships is Strengthening its Ecosystem
PayDax is leveraging robust infrastructure and industry-standard partnerships to guarantee an optimal user experience. Through collaborations with Sotheby’s and Brink, the network guarantees secure asset custody. PayDax also offers users accurate real-time prices thanks to Chainlink data oracles.
These factors, alongside a smart contract audit from DeFi Assure, have boosted investor confidence. Additionally, the full transparency of the PayDax team, which includes a public doxxed team and regular AMAs with investors, has shown that PayDax aims to be a long-term player in the market.
Why Investors Say PayDax Could Become One of the Best Assets to Buy
With nearly $1 million raised in presale and tokens priced at just $0.015, PayDax is emerging as a prime early-stage opportunity for strong returns. Its utility-based value-generation positions it to become a long-term DeFi juggernaut, one that provides crucial banking services with all the benefits of decentralization.
Investors are rushing to buy PDP, saying its value won’t go as low again. Additionally, momentum behind anticipation of its post-launch rally is growing, with many saying PDP could become one of the best assets to buy in 2025. You can still secure an early-stage spot before stage two by joining its presale now.
Join the Paydax Protocol (PDP) presale and community:
Website: https://pdprotocol.com/
Telegram: https://t.me/PaydaxCommunity
X (Twitter): https://x.com/Paydaxofficial
Whitepaper: https://paydax.gitbook.io/paydax-whitepaper
