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Lunex Network Gateway Payment Feature Attracts More Investors with An 350% Rally

2025/01/12 17:04

Lunex Network Gateway Payment Feature Attracts More Investors with An 350% Rally

The cryptocurrency market experienced a surge in Q1 of 2025, with Solana (SOL) emerging as one of the top gainers.

Solana's price movements exhibited a positive trend throughout the week, setting the stage for the SOL token to reach the $250 region soon.

Another cryptocurrency that had a strong performance was Chainlink (LINK), which experienced a bullish outlook.

The overall surging momentum in the crypto market and Chainlink's recent merger with Shiba Inu contributed to this positive outlook.

Within the Shibarium, the adoption of Chainlink CCIP highlighted the project's focus on cross-chain interoperability.

Lunex Network (LNEX) also enjoyed a strong presale performance, with an LNEX price rally to $0.0054.

This price surge was driven by the network's gateway payment feature, which offered a unique solution for accepting crypto payments.

The network's approach extended beyond traders, providing valuable solutions for developers and businesses.

The payment gateway automatically converted the received funds into fiat currency, simplifying businesses' adoption of digital assets.

Compared to other alternatives, Lunex Network's gateway had lower fees and conversion costs, making it the most cost-effective solution for companies seeking crypto payments.

Developers also had the opportunity to leverage Lunex Network's 65 RPC nodes, which provided the necessary infrastructure for building scalable decentralized applications.

With such a feature, Lunex Network was poised for massive adoption and catered to a broad spectrum of users.

Through these unique capabilities, the LNEX presale hit significant milestones, including an over 350% rally and presale funding of over $6M.

The network's $500K giveaway, touted as the biggest in DeFi history, was still ongoing and set to reward 80 winners.

Solana's price had been experiencing a correction period until January 1, 2025, when it started recording a bullish outlook.

The surge started slowly as selling pressure drove prices downwards. Solana's price, which had remained within the $191 range, finally broke out with small resistance within the $193 and $197 range.

After breaking out past these resistance levels, Solana's price performance rose sharply above the $210 level.

However, to reclaim the $245 region and open up the path to more gains towards $250, Solana's price needed to break past the $220 resistance level.

A successful breakout from this resistance level would also enable Solana to recover most of its recent losses, backed by technical indicators.

The regained investors' confidence in Solana was largely attributed to the growing excitement about a possible Solana ETF.

Many investors anticipated that the US Securities and Exchange Commission would approve the Solana ETFs this year, a milestone that might drive the SOL price even higher in 2025.

Chainlink failed to break past the 20-day SMA last week, losing momentum after hitting the $25.42 region on Tuesday.

As a result, LINK sellers took control, pushing Chainlink's price down by close to 4% on Wednesday to $24.42.

The selling pressure grew on Thursday as LINK'S price dipped by over 7% to settle at $22.42.

Chainlink attempted a recovery on Friday, rising to an intraday high of $23.64.

However, it lost momentum and fell nearly 5% to the $21.54 region. The price pulled a recovery on Saturday, surging by just 2% and moving to the $21.97 level before dipping on Sunday and ending the weekend at $20.94.

However, sellers retained control as Chainlink's price began this week, going below the 50-day SMA to settle at $20.57.

The price of Chainlink continued to dip until Wednesday, when the LINK token registered an over 8% rally to reclaim the $20 and surge past the 50-day SMA, settling at the $21.70 region.

Buyers also retained control on Thursday, pushing Chainlink up by 1.6%. The LINK price continues to hover above the $22 level as technical indicators pointed to building uptrend momentum.

Lunel Network attracted significant attention from investors, who were eager to capitalize on the LNEX potential.

The token's advanced technology and privacy-focused features had already seen early investors enjoy impressive ROI, with the token promising more gains like Solana and Chainlink.

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