Ethereum ETF Continues to Boost ETH, Chainlink and Lunex Network Win Over Altcoin Investors

The pro-crypto political shift has given a major boost to investor and institutional confidence in established altcoins. Surging Ethereum ETFs, the inflow has, once again, given a bullish nudge to the ETH price. Chainlink is also gaining traction. Ecosystem development and technical uptick have given wings to LINK on the price chart. 

Then, there’s the pioneering multipurpose DeFi powerhouse, Lunex Network, which is bolstering asset trading already. Its unique DeFi value has become a magnet, attracting huge crypto investment in its ongoing presale. Read on to learn more about the latest market dynamics.

Lunex Network continues to win investors’ hearts in presale

Innovation and purpose are the two strongest value-driven propositions that have pushed Lunex into the limelight in its ongoing presale. What started as a DeFi ingenuity has now seen a meteoric rise with no signs of slowing down. The dream was to have a completely secure, decentralized, and scalable DeFi, and Lunex Network has turned that dream into a tangible reality with its cross-chain, Ethereum-based AMM DEX.

Far more than traditional DEXs, Lunex Network is supercharging a new age of inclusive DeFi. Over 50,000 asset pairs on 40+ chains, advanced DeFi trading tools, and mouthwatering income-generating products have attracted over $3.3M worth of crypto investment in its ongoing presale. And why not? Security and transparency are Lunex’s watchwords.

Beyond this, users can earn a cut of DeFi’s growth with Lunex Network. The 18% staking APY and revenue-sharing program has become a top draw for savvy investors. That’s why its presale price went a quick 175% to $0.0033, and the fun just got started!

Ethereum ETFs ignite bull run: Is $4,600 the next stop?

Ethereum has also been raising the dust the past few weeks. Growing institutional interest in its spot Ethereum ETF has fueled the much anticipated bullish momentum. Over $515M inflow in just a week has sent Ethereum‘s price flying 15% above the $3,500 resistance level.

The on-chain uptick has been better. Ethereum OI has soared to $23.4B, and the futures premium is up 16%. What’s more interesting is that Ethereum is outperforming BTC. The ETH/BTC ratio jumped 15% in the past two weeks, a potential shift towards the “altcoin season,” and its momentum could soon test a new ATH above $4,600.

Chainlink eyes new ATH as ecosystem expands

Chainlink has been riding the wave of optimism—its ecosystem has grown immeasurably in the past few weeks. Onchain uptick and ecosystem development have pushed Link past an impressive quarterly high of $19 with a 54% MoM gain.

Recent partnerships and integrations bolster bullish outlook. Just days ago, Chainlink partnered with Optimism to enhance DeFi and gaming applications with LINK‘s Data Streams and VRF technology. Meanwhile, Chainlink‘s infrastructure has become a cornerstone in the tokenized asset industry, driving a 26.2% quarterly surge in tokenized US Treasury bonds—a strong trajectory that could slingshot LINK to ATH.

Conclusion

Ethereum, Chainlink, and Lunex Network have been shining examples of resilience and innovation, driving the market’s bullish momentum. Ethereum ETF inflows have reignited the bullish outlook, and LINK is getting positioned for a potential breakout. Meanwhile, Lunex Network’s revolutionary DeFi model continues to captivate investors, with its presale success underscoring its immense potential in decentralized finance.

You can find more information about Lunex Network (LNEX) here:

Website: https://lunexnetwork.com 

Socials: https://linktr.ee/lunexnetwork