|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Solana and Ethereum Prepare for a Clash of the Titans in Q1 of 2025, While Lunex Network (LNEX) Emerges as a Viable Investment Opportunity
Jan 02, 2025 at 09:44 pm
The raging rivalry between Solana and Ethereum in the crypto industry is alive and burning even as we enter 2025. Both top crypto coins recorded
As we enter 2025, the crypto industry is abuzz with anticipation for the price movements of top crypto coins. Among the most hotly contested is the rivalry between Solana and Ethereum. Both tokens recorded significant milestones in 2024 and are poised for big breaks in 2025. Here's an analysis of their potential price movements in Q1 of 2025.
Meanwhile, investors are also keeping an eye on new crypto projects like Lunex Network (LNEX). The project offers a unique use case of cross-chain transactions on Web3. Its current presale stage provides an opportunity to become part of a potential blue-chip crypto project.
Solana Price to Establish Support Above $180, Targeting $400 in Q1
According to CoinMarketCap, 2024 was a bullish year for the Solana token, with an over 85% price appreciation. The token also set a new all-time price high of $263.83 in November, breaking its long-standing price high set in 2021.
However, Solana's price has recorded a significant retracement, losing about 20% in value within the last month. Ali_Charts believes that the token's current downtrend will establish support above $180, placing the Solana crypto in a prime buy zone for investors ahead of a potential rally.
Analysts like Crypto_Mckenna are optimistic that Solana will reach the $400 milestone in the new year. With a consistent uptrend in the token's market volume, a rebound and possible rally to $400 is feasible in Q1 of 2025. This makes it one of the altcoins to watch out for in the coming weeks.
Ethereum Crypto Market Pattern Indicates a Significant Price Uptrend
Heading into 2025, the Ethereum token still holds the second position in the crypto market ranking, with a market cap of over $407 billion, according to market stats. However, the Ethereum price chart shows a visible decline in value for the altcoin, which has fallen from above $4,000 to within the $3,380 threshold in the last two weeks.
Meanwhile, Ethereum is showcasing an uncanny pattern that could suggest an imminent rally. As highlighted by TATrader_Alan on X, the current Ethereum market chart mirrors the 2018-2021 bullish circle, signaling a potential bull run in Q1 of 2025. Merlijn The Trader also seems to agree with this analysis.
Using the Ethereum historical price chart, Merlijn claims that Ethereum always goes parabolic in Q1 after a halving year. On the other hand, on-chain market tracker Lookonchain observed that whales are increasing their Ethereum crypto holdings, which usually signals an impending market rally. Having established support above the $3,350 mark, Ethereum is likely to start the new year on a rally.
Lunex Network Offers Viable Investment Opportunity for Investors in 2025
The Lunex Network (LNEX) is a Web3 project that champions cross-chain transactions. It allows users to access the DeFi ecosystem no matter which blockchain they are using. With Lunex Network, investors can trade over 50,000 crypto pairs using a non-custodial crypto wallet.
Features like slippage-free transactions, low fees, and secure smart contracts have helped Lunex Network raise over $5.6M in cryptocurrency ICO funding. Over 2.3 billion LNEX native tokens have been sold in presale as investors position themselves for the project's high-growth potential. Sold for just $0.0052, now might be the best time to invest in the DeFi coin.
There are several benefits to investing in the token. For example, there is a profit-sharing model where the team uses a percentage of the revenue to buy back the LNEX tokens from the open market and redistribute the tokens to LNEX holders. Also, holding the token gives users access to discounts on transaction fees.
Considering that it is used for listing fees in the exchange, the demand for the token will likely skyrocket soon, boosting its value. Investors can stake the token for a high APY yield or use it as collateral to access short-term loans in fiat or USDT. Notably, LNEX is projected to gain up to 50x before launch, making it one of the top crypto coins to buy now for profit in Q1 of 2025.
Investment Potential Between Solana, Ethereum, and Lunex Network
The market trajectories of both Solana and Ethereum look promising. However, Lunex Network seems to harbor an even bigger growth prospect given its early-stage entry advantage and low price point. Valued at less than a cent, the LNEX presale has better percentage growth potential than either Solana or Ethereum in
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Bitcoin (BTC) Price Prediction: Will the Market Revisit the All-Time High of $108K?
- Jan 07, 2025 at 04:25 am
- Since the beginning of the year, Bitcoin's price has been unable to revisit its $108,230 all-time high. This has reduced the profitability of the coin's short-term holders (STHs), putting more downward pressure on its price.