Solana is the face of crypto adoption and growth in recent years. It started out as a whitepaper draft proposing Proof-of-History (PoH) as a new method to scale crypto transactions by software developer Anatoly Yakovenko. Today, it is a robust ecosystem of decentralized applications that is actively used by thousands of crypto enthusiasts.
Sitting 5th on Coinmarketcap, Coingecko, and other websites that track crypto projects’ market capitalization, Solana contributes significantly to the crypto industry and has many investors. However, it’s been a while since the last Solana ATH. Can Lunex Network, a brand new project in the DeFi space, hit $1 before Solana reaches $200? Find out in this piece.
Solana’s journey to $200
It’s only normal to see Solana included in most crypto portfolios, seeing that it powers quite a number of smart contracts and decentralized applications. The last Solana ATH happened in 2021, with the token hitting $260.
Today, Solana sells for $133 after the token rode the last bull market to the hilt. It briefly touched $200 at the height of the market rally in March, but several market corrections have impacted it.
There’s still a possibility Solana could return to its glory days, given that the crypto market seems to be on the ascendancy again. But, the token needs serious backing from its community to achieve this feat. The Solana community has played a huge role in its growth over the years, and it will be crucial in its journey to $200.
What is Lunex Network?
Lunex Network positions itself as a game-changing platform that harnesses the best of centralized and decentralized exchanges. On the platform, users are assured of a seamless experience similar to what they would have with centralized exchanges like Binance while also combining all the speed and accessibility that DeFi tokens come within decentralized exchanges.
This exchange sports an Aggregation Protocol that supports more than 50,000 trading pairs, sourcing liquidity from several exchanges to ensure that users get the best rate for their trade. This kind of feature positions Lunex to stand out and gives it much room for huge growth in the future.
Lunex also operates in a non-custodial manner. Traders are in total control over their assets at every moment, which reduces their vulnerability to hacks and thefts. This makes it the safest possible place to trade crypto tokens, which bolsters its chances of success in a competitive market. This is why experts deem it the next crypto to hit $1.
Will LNEX hit $1 anytime soon?
LNEX is currently in presale stage 2, with the tokens priced at $0.0013. Considering that the first presale stage sold out quickly, there’s a tendency that LNEX will accelerate through the presale stages. Even more, LNEX is designed to appreciate through the presale stages, with investors primed to benefit from its expected 1,800% increase.
By the time the presale concludes, LNEX is likely to go viral and then get listed on exchanges, a point where early investors could make a further 100x returns. There is a good chance LNEX would be the next crypto to hit $1. In fact, LNEX will likely surpass $1 in the near future, considering its ambition to revolutionize the DeFi trading space.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
Source: https://www.crypto-news-flash.com/can-solana-reach-200-before-lunex-network-reaches-1/?utm_source=rss&utm_medium=rss&utm_campaign=can-solana-reach-200-before-lunex-network-reaches-1