Solana’s price has hit a plateau, leading investors to shift focus from SOL and Ethereum to Lunex Network. Crypto experts are backing Lunex Network to enjoy significant adoption in the coming months. As Ethereum and Solana face challenges, investors are looking for fresh opportunities in this promising altcoin with over 1,800% growth potential.
Ethereum (ETH) Set For $2,900
Ethereum fell to $2,171 earlier this month. But since then, ETH has been on the rise. Ethereum has risen by 2.57% this week and by 5.04% in the last month. Today, Ethereum trades at $2,650, which is higher compared to the past few weeks when prices were at $2,561.
Although the recent rise is not close to Ethereum’s ATH performance, it is quite significant considering the earlier fall. If Ethereum’s recovery continues, ETH might possibly shoot for $2,900. This $2,900 target is complemented by BlackRock’s CEO Larry Fink, who has shown more interest in Ethereum lately.
Can Solana (SOL) Reach $200?
Solana is trading above $152 and the 100-hourly Simple Moving Average. A Solana bullish trend is supported by a key trend line with support at $150 on the hourly SOL/USD chart. Solana has climbed above $155, breaking the resistance and reaching a high of $158.
The Solana network has recently seen increased adoption following Franklin Templeton’s plan to launch a mutual fund on the blockchain. Solana recently integrated with Chainflip, which allows for decentralized cross-chain swaps. This integration enables users to swap BTC and ETG for SOL and vice versa. Additionally, Solana Labs announced a collaboration with Google Cloud—together, they will develop a new gaming API. The new developments are attracting investors and Solana is poised to reach $200 by Q4.
Lunex Network (LNEX) Brings Real-world Use Cases To DeFi
Lunex Network is gaining attention in the crypto market with its presale launch. Lunex Network is introducing a next-generation decentralized exchange that uses both on-chain and off-chain functionality for superior performance. Lunex network’s off-chain order book solves a common problem in DEX protocols—high slippage rates.
Lunex Network offers a range of products beyond its multi-chain bridge network. These include a DeFi wallet, a portfolio tracker, and crypto-to-fiat debit cards, which feature a B2B merchant service. This is a significant step towards bringing real-world business adoption into the crypto industry.
Lunex Network has attracted many investors due to its revenue-sharing feature. Holders of $LNEX will benefit directly from this feature. Lunex Network has committed to using 18% of its revenue, earned from trading fees, subscription services, and other ecosystem features, to buy back $LNEX tokens from the open market. These tokens will be redistributed to investors as a passive income stream. Lunex Network also has a deflationary feature to help increase the value of $LNEX over time.
The Lunex Network presale presents a great opportunity for those betting on the return of the DeFi sector. This could lead to gains that SOL or ETH holders can only dream of right now. Lunex Network is currently priced at just $0.0012. With an expected 1,800% price jump predicted at its official launch, $LNEX is set to deliver huge returns in the coming month.
You can find more information about Lunex Network (LNEX) here
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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Source: https://cryptodaily.co.uk/2024/09/solana-price-plateaus-investors-pivot-away-from-ethereum-to-altcoin-picked-for-major-adoption-by-crypto-experts