Lunex Network (LNEX) Shows Immense Potential to Dominate The DeFi Market When It Launches

Lunext Network (LNEX) has grown stupendously in its presale phase, having sold over 2.4 billion of its tokens, more than half of its 4 billion presale

Solana (SOL) and Ethereum (ETH) are two of the largest and most well-known DeFi projects in the world. Both tokens have seen significant price increases in recent months, and both are poised for continued growth in the future.

Solana is a high-performance blockchain that is known for its fast transaction speeds and low fees. SOL, the native token of the Solana blockchain, hit an all-time high of $263 in late 2024. Since then, the token has seen a steep decline, consolidating at lower levels below $190. Currently, SOL is trading within a weekly range of $183 and $208, down over 10% in the past week.

Meanwhile, a Bitcoin prediction for Solana coin has surfaced on social media, indicating that it could be valued at $750 in Q1 of this year. This prediction has sparked speculation of a bullish trajectory for Solana (SOL) in 2024.

On the other hand, Ethereum is the second-largest cryptocurrency by market cap and is also home to a vast DeFi ecosystem. ETH has shown some bullish strength after managing to rebound above $3,450, despite facing fluctuational pressure for most of the week. Although ETH is still trading within a tight weekly range of $3,258 and $3,375, the giant altcoin has slipped by 8.38% in the past week.

A crypto expert, LLuciano BTC, has suggested that ETH could hit $5,000 when it starts moving up together with Bitcoin in the next bull market. Another analyst, who shares market insights on X (formerly Twitter), highlighted the possibility of further upside potential for ETH once it holds strongly above $3,500.

Due to its wide DeFi dominance in the altcoin market, ETH holds an intrinsic potential for growth. The token is also poised to follow Bitcoin’s rise closely this year as the bull market continues.

Amidst the rivalry between Solana and Ethereum, a new multichain DeFi platform, Lunex Network (LNEX), is emerging with lucrative features. During its presale phase, Lunex Network has sold over 2.4 billion of its tokens.

Being a new platform, Lunex Network boasts an expansive non-custodial exchange platform where users can avoid using third-party applications like Trust Wallet or MetaMask. The platform facilitates crypto swaps across 40 blockchain networks, offering over 50,000 cryptocurrency pairs to choose from.

Apart from offering cashback rewards, cheap transaction fees, high liquidity pools and periodic rewards through its swapping protocol, Lunex Network also has a Portfolio Tracking feature. This advanced trading tool allows users to keep a strategic watch over their assets and manage them critically with the help of consistent market updates.

Additionally, Lunex Network has set up a B2B merchant payment gateway for business owners and merchants to access crypto as payment in multiple currencies. The platform also houses over 65 RPC nodes for developers to handle Web3 building by simply giving keys to APIs. Appealing to both small and large scale investors, LNEX has attracted many investors at its current price of $0.0054 after a 350% pump from $0.0012.

While Lunex Network offers innovative features like cross-chain swaps and portfolio tracking tools coupled with its exchange protocol, surpassing top DeFi projects like Solana and Ethereum may be challenging. However, the potential for it to outpace these DeFi coins is there in a best case scenario.

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

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork