Cardano (ADA) is teasing the next leg up as buyers accumulate at discounted prices. Solana (SOL) and Lunex Network (LNEX) also appear primed for major surges from the current levels.
Lunex Network in particular has been enjoying significant attention as a low-cap project that has still to show its true strengths. Investors are rushing to the ongoing presale of the native $LNEX token and so far, over $4.7 million has been raised. What makes Lunex Network special? Let’s find out!
Bullish Confluences Are Lining Up For Cardano, Breakout Incoming?
Over the last month, Cardano (ADA) took the spotlight as it rose by nearly 200%, scaling the crypto rankings with ease. Cardano has claimed the 8th place on the crypto totem pole and is now boasting a $42.5 billion market cap. This latest surge saw Cardano form a local peak at $1.31, a level unseen since 2022.
However, this is where selling pressure intensified, forcing Cardano to retreat and retest the $1.21 support where it’s currently consolidating. Analysts anticipate another surge that could see Cardano soar above $2 by the end of the year. On X, AV Sebastian has drawn an interesting parallel between Cardano’s current chart structure and its 2021 breakout that marked the start of the surge toward its $3.10 all-time high. According to Sebastian, Cardano’s momentum could soon start mounting again, and bidding today could result in substantial returns.
Solana Continues To Consolidate Around Support Levels
After being the protagonist throughout 2024, Solana (SOL) has taken a step back as other utility-driven altcoins have started rallying, capturing the attention of investors. A few weeks ago, Solana reached a new all-time high, peaking at $263 and retracing shortly after. Since then, the Solana price has been moving in a narrow channel around the $240 mark.
At the time of writing, Solana trades at $237 with flat price action on the daily time frame. The highly-anticipated release of spot Solana ETF could be delayed as the SEC has rejected at least two applications from major investment firms. This has taken investors by surprise, as it appeared that the launch of Solana ETFs was just a matter of time.
Why Lunex Network Could Revolutionize The DEX Framework
Lunex is a next-gen DEX platform that significantly improves scalability and interoperability between disconnected blockchains. Lunex Network leverages an innovative DeFi ecosystem and allows seamless swaps across all major blockchains, for a total of over 50,000 assets available for trading.
Among Lunex Network’s unique features, the platform will offer a special non-custodial wallet, a portfolio tracker for efficient asset management, and the service Lunex Pro. This is a premium, subscription service that grants access to advanced tools for a next-level trading experience, which includes cashback bonuses and AML wallet checks.
Institutional investors will have the opportunity to use Lunex Network’s B2B payment gateway API. This interoperable bridge is specifically tailored for businesses that want to integrate cryptocurrencies but lack the know-how, allowing them to accept crypto payments and have them immediately converted into fiat
On a weekly basis, Lunex Network will reinvest a portion of its revenue for open market buybacks of the $LNEX token. Part of these tokens will then be redistributed as staking rewards, encouraging holders to engage with the platform and hold $LNEX long-term.
Right now, $LNEX tokens sell for only $0.0038, but this price is expected to soar much higher as demand is through the roof. This is the perfect entry point for early buyers who want to be on the winning side of the new DEX revolution spearheaded by Lunex Network.
By the end of the presale, a 2000% increase is expected, and once $LNEX is listed on major exchanges, this is where things can get euphoric, especially once the bull run is in full swing.
You can find more information about Lunex (LNEX) Network here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
