Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only.
Solana surpasses Ethereum in value, XRP shows breakout potential, and Lunex Network’s LNEX token is on track to reach $0.1 by 2025.
The Solana blockchain has seen a significant spike in activity over the past week. This was mainly caused by a surge in memecoin trading volume, which led to an increase in Solana’s fees. According to recent data from Blockworks, Solana achieved a real economic value of $11.09 million in the past day, surpassing rival Ethereum in terms of revenue.
Meanwhile, XRP is showing signs of a massive breakout and could trigger a massive rally. For Luenx Network, the LNEX token is expected to reach $0.1 in the coming months, and with its unique revenue sharing model and robust ecosystem, Luenx Network will be among the top exchanges in the market by the start of 2025. It is expected to outperform tokens.
Is it possible for Lunex Network price to reach $0.1 in Q4?
According to Emergen Research, the global DeFi market is expected to reach $507.92 billion in 2028, registering a CAGR of 43.8% during the forecast period. Lunex Network is a project that aims to revolutionize the lucrative DeFi market while solving key issues people encounter on exchanges, such as security, privacy, and interoperability.
Lunex Network was developed to integrate blockchain and enable the easy buying, selling, and exchanging of digital assets without the need for a third party. The Lunex Network exchange gives users access to over 50,000 trading pairs across multiple blockchains at the lowest cost. A unique portfolio tracker also allows users to track multiple assets such as stocks.
The non-custodial Lunex Network wallet is designed to allow traders to buy, sell, and exchange cryptocurrencies all from one account. Unlike other exchanges with stressful KYC processes, users do not have to go through KYC as all they need is a receiving address. One of the notable features is the profit sharing model that gives LNEX holders more tokens.
This feature is expected to put further pressure on the LNEX token and push its price higher. Due to increasing demand for the token, as evidenced by $1.5 million raised in a short period of time, the LNEX token is expected to soar more than 5000% and reach the $0.1 level in 2025. . Its current value is just $0.0019, and investors have limited time. Invest in tokens and secure a position ahead of significant price increases.
Solana predicts massive rally
Over the past week, Solana’s economic activity has surpassed that of Ethereum, driven by the surge in the Solana meme coin. For example, the launch of the MOODENG meme coin on Binance Futures caused a surge of over 100% and increased activity on the Solana network.
Apart from high trading volumes, it also outperforms Ethereum in Miner Extractable Value (MEV) chips, which means Solana’s price is influenced not only by market sentiment but also by the ongoing development of the ecosystem. It shows that. Looking at Solana’s chart, the altcoin broke through the $160 resistance on the back of last week’s MACD bullish crossover.
According to data from CoinMarketCap, Solana’s price has increased by 8% in the past week. Solana’s trading volume has also increased significantly and the price is expected to break above the $180 resistance. Cryptocurrency analyst The Moon believes that as long as the price remains within the symmetrical triangle above the $160 support zone, it will reach the $176 level soon.
XRP responds to new SEC moves
Recent XRP news indicates that the legal team has filed an appeal as part of an ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). Stuart Alderotti, head of legal affairs at Ripple Chef, discussed the recent appeal against Yes, and Stewart said he doesn’t think the SEC disputes that.
Meanwhile, XRP price fell following recent news about the Tether issue that caused a market correction. According to data from CoinMarketCap, XRP price has fallen 5% over the past week, with the coin expected to hold the $0.50 support zone. However, XRP trading volume is increasing and could cause a rally in the near future.
Popular market analyst Jay Dee, in his analysis on X, believes that the price of the XRP coin will reach $26 within the next few months. Experts took into account past market movements when making predictions. If the coin maintains its current support zone, it could rally towards $1 in the near future.
Why the market is bullish in the fourth quarter
Historical records prove that the fourth quarter is the starting point for a market rally. Bitcoin has already started a bull run, and altcoins are expected to follow soon. Solana, XRP, and Lunex Network are among the altcoins that are expected to see a massive rally soon. With a strong exchange, the LNEX token will soon experience high demand and increase its price.
To learn more about Lunex Network, visit the official website, join our Telegram community, and follow the team at X.
Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own investigation before taking any action related to the Company.
