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Cryptocurrency News Articles
Lunex Network (LNEX) Emerges as a Strong Competitor to DeFi Giants Solana (SOL) and Toncoin (TON), Set to Challenge Their Dominance in 2025
Oct 10, 2024 at 05:07 pm
Storming the presale and accumulating over $600k in a few weeks, Lunex Network is already gaining popularity. This new DeFi protocol connects different
Top DeFi coins like Solana and Toncoin are set to spearhead major developments in 2025, promising to challenge the dominance of established altcoins.
Binance (BNB) coin, for instance, is expected to face stiff competition from Solana (SOL) and Toncoin (TON) in 2025 as they争夺contend for DeFi market share. But a new project, Lunex Network (LNEX), is set to outshine both with an 18x growth potential. Here’s why.
Lunex Network brings advanced DeFi practicality, challenges top DeFi Coins
Storming the presale and garnering over $600k in a matter of weeks, Lunex Network is already gaining steam. This new DeFi protocol connects different blockchains, allowing users to instantly trade and swap over 50k cryptocurrencies across multiple chains without needing to provide personal information or connect to third-party wallets like Trust Wallet or MetaMask.
One of Lunex Network’s standout features is its unique revenue-sharing model, where token holders of LNEX receive a percentage of the project’s revenues. Moreover, the platform provides instant swaps backed by institutional liquidity, exclusive token holder discounts, and cash-back rewards, all processed transparently through smart contracts instead of traditional AMMs.
Solana price shows strong trajectory
On the 1st of April, Solana hit a peak price of $202, an impressive high that drove its market cap above $75b. However, as expected, Solana didn’t retain this high for so long before it began to consolidate to lower levels.
Moreover, Solana price never lost its bullish sentiment, despite its several fluctuations throughout the year. Solana has particularly maintained over 500% year-to-date gain and just closed the past month with a 10.19% jump.
This positive momentum, including the recent 40% jump in its network volume, signals possible signs that Solana’s price will continue its resurgence to higher levels than its ATH price of this year. Overall, Solana is positioned as a top DeFi coin right now.
TON sets for a resurgence amid comeback from previous saga
Shortly after the arrest of Pavel Durov, Toncoin’s co-founder, the Toncoin token saw a slight decline which later spurred a series of fluctuations to lower prices. From a year-to-date peak price above $8, Toncoin price has now fallen to a weekly price range of $5.16 – $5.83.
However, with nearly 10% rise in the past month, Toncoin token is still maintaining a bullish sentiment as experts think that the token would most likely experience a huge resurgence.
At the moment, Toncoin is experiencing a surge in network activity, with a 25.44% jump. Despite its 11% weekly decline, Toncoin can potentially hit a comeback price in its next price resurgence.
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- Rexas Finance (RXS), Solana (SOL), and Ripple (XRP) Capture Whales’ Attention After a Billionaire Investor Entered the Cryptocurrency Space
- Oct 10, 2024 at 08:10 pm
- After Rexas Finance sold out of its Stage 3 presale earlier than predicted, major investors noticed this innovative platform that emphasizes tokenizing real-world assets (RWAs).
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- DTX Exchange (DTX) Ready For Mutibagger Rally, SUI Blockchain (SUI) Faces Rejection From March High, and Ripple (XRP) Weakest Coin In The Market?
- Oct 10, 2024 at 08:10 pm
- One of the best ways to track potential cryptos is to find where the smart money guys are investing. Smart money is usually fund houses
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- Rexas Finance (RXS): A Promising Utility Token Poised to Challenge Solana (SOL) and Ethereum (ETH)
- Oct 10, 2024 at 08:10 pm
- As the cryptocurrency market gears up for the next rally, Rexas Finance (RXS) stands out as a formidable contender poised to challenge the dominance of Solana (SOL) and Ethereum (ETH).