Solana (SOL) Price Pumps To New Levels, ATH in Sight; Lunex Network (LNEX) No KYC Approach Promotes The Goal Of Decentralization

The crypto market is currently at a major turning point. Many altcoins are close to setting a new peak. One of them is Solana (SOL).

Cryptocurrency is a digital currency that uses cryptography for security. It operates independently of a central bank or government. Cryptocurrencies are usually created as open-source software, which allows anyone to contribute to their development. They can be used to purchase goods and services or as an investment.

Solana (SOL) is a cryptocurrency that has been making waves in the crypto market. The coin is up by more than 325.9% year-to-date, outperforming most top altcoins in the market. Many analysts expect the Solana crypto could climb to a new high in the near future.

Solana (SOL) Price Pumps To New Levels, ATH In Sight As Lunex Network’s (LNEX) No KYC Approach Promtes The Goal Of Decentralization

Solana (SOL) is among the top performers in the crypto market right now. Its yearly gain is currently at 325.9%, outperforming most top altcoins in the market. Many analysts expect the Solana crypto could climb to a new high in the near future.

The Solana token shocked the crypto market, rallying when others cooled off, and crossed the $240 price level on November 17th for the first time since November last year. Solana (SOL) is priced at $240, which is approximately 7% lower than its all-time high of $260, according to CoinMarketCap’s data.

As Solana (SOL) approaches its record high, its investors are very bullish towards the altcoin. The cause of the spike in price is uncertain, but two factors that can be attributed are the return of Solana-based memecoins and the possible approval of SOL ETF.

Looking ahead, More Crypto Online noted that the Solana coin is forming higher highs and lower lows. According to them, the cryptocurrency must break below $212 to indicate a large pullback.

More Crypto Online forecasts a price surge to $262 and $278. If Solana (SOL) crosses this level, they expect a massive rally to $360 in the coming weeks of months. Another analyst called Wifimoney expects the value of SOL to reach $300 soon.

In the meantime, the technical indicators of the altcoin is bullish. Its 14-day RSI is in the overbought region. However, the Fear and Greed Index shows Extreme Greed. This suggests that Solana (SOL) could see a brief correction before it continues its uptrend.

Lunex Network (LNEX) Is Making Waves In The Crypto Market With Its No-KYC Approach, Which Promtes The Goal Of Decentralization In The Web3.0 Space

Lunex Network (LNEX) is a decentralized finance (DeFi) platform that is quickly gaining popularity among crypto investors. Unlike other platforms that require users to go through a lengthy KYC (Know Your Customer) process, Lunex Network enables users to trade, stake and manage their crypto assets without revealing their personal information. This approach aligns with the goal of decentralization in the Web3.0 space.

The platform also features a non-custodial approach, giving users complete control over their private keys and assets. Seasoned experts with over 16 years of experience in Free Zones development have created the platform.

At the time of writing, Lunex is still in the presale stage, with LNEX tokens priced at $0.0031; the project has secured over $2.9 million thus far. Analysts are expecting a price of $1 in the coming months. As the presale progresses, Lunex Network is steadily gaining popularity among investors who value the anonymity, security and freedom it brings to the DeFi market.

Solana’s (SOL) upward price movement shows that bulls are still active in the market. SOL is among the many altcoins that could rise to new peaks before the end of this year. Meanwhile, Lunex Network is gaining traction in the presale phase. Analysts expect the value of this DeFi token to hit $1 in the coming months based on its utility and its unique use case.

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

Website: Lunex Network

Telegram: Join Lunex’s Growing Community