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Home»DeFi»Ethereum and Solana Whales believe this emerging crypto could reshape the $50 billion DeFi industry, driving mass adoption
DeFi

Ethereum and Solana Whales believe this emerging crypto could reshape the $50 billion DeFi industry, driving mass adoption

November 18, 2024No Comments
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Ethereum and Solana have seen substantial gains over the past few days, but both tokens are now slowing down. On the other hand, Lunex network‘s viral presale continues to climb as analysts predict up to 1,800% returns for LNEX holders by the end of its presale.

Ethereum ETFs See Historic Inflows of $135 Million in One Week

Ethereum ETFs saw record inflows worth $135.92 million this week. Since Ethereum community sentiment finally turned positive, analysts believe that Ethereum’s current rally may continue over the coming weeks. Ethereum is currently trading at $3,304.64 after an intraday rise of 1.46%.

Ethereum volume has decreased by 31.69% in the last 24 hours, which is generally a sign of low network activity. If Ethereum manages to attract more buying activity in the coming days, analysts believe that Ethereum could target the nearest resistance at $3,448 before seeing a minor correction.

Solana (SOL) becomes the 2sd Largest DeFi Token After Massive Rally

Solana is poised to surpass all other Top 5 cryptos as SOL officially overtook TRON as 2sd the largest DeFi token on the market this week. Even though Solana price is facing a slight correction after recording a weekly high of $225, analysts believe that Solana’s current uptrend will continue over the coming weeks due to high network activity.

Solana is currently trading at $216.26 after an intraday increase of 2.65%. However, Solana volume has decreased by 20.73% over the past 24 hours, which generally suggests a decrease in purchasing activity. If Solana investors become bullish on the token again, Solana price may soon reach the nearest resistance at $262.01.

Lunex Network (LNEX) Seamless Trading Experience Captures Whales’ Attention

Lunex Network could end up surpassing the gains of Ethereum and Solana with its new DeFi cross-chain trading platform. By combining the functionality of DEXs and CEXs on a single non-custodial exchange, Lunex Network is launching a new era of crypto trading. Since cross-chain interoperability is every savvy trader’s dream, analysts believe that demand for Lunex Network will skyrocket to the moon by the end of the Q4 bull market.

Although Lunex Network has attracted retail investors since its pre-sale launch, the platform is now also seeing a massive influx of investment from whales. These whales can use Lunex Network’s wallet tracker and crypto wallet to store all of their digital assets in one place. Since Lunex Network is already compatible with over 50,000 different cryptocurrencies, traders can easily track any of their holdings or make cross-chain transfers with just one click.

If these trading features weren’t impressive enough, then Lunex Network’s revenue sharing model offers traders a hassle-free way to earn consistent passive income. At the end of each week, Lunex Network uses up to 18% of its revenue to purchase LNEX tokens on the open market and distributes them to current holders as staking rewards with some of the highest APYs on the market. Since Lunex Network presale investors receive their tokens immediately, they can add their LNEX tokens to the staking pool and start earning massive rewards in just 30 days.

Given these characteristics, it is not surprising that the Lunex network is already ready for 1800% gain at the end of its pre-sale stages. For a limited time only, Lunex Network’s native LNEX tokens are available at a low price of just $0.0021 each.

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

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Warning: This is a paid version. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of the information available in this content. Do your research and invest at your own risk.



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