Ethereum has drawn attention for its price trajectory, with some analysts forecasting a $6,200 high amid a secondary bull run. This bullish sentiment is not only restricted to Ethereum as Lunex Network and Curve DAO (CRV) are also rallying on the back of renewed investor enthusiasm. Lunex Network’s innovative trading solutions and Curve DAO’s robust liquidity incentives position these platforms to ride this powerful market uptrend while Ethereum leads the charge.
Ethereum’s Price Expected To Hit $6200
In 2024, Ethereum was disappointing in terms of price performance versus main Layer-1 rivals Cardano and Solana. But in just over a month, Ethereum surged to above $4,000 in one of 2024’s biggest bull runs.
The earlier drop in Ethereum price came from external Layer-2 scaling solutions taking more of the ecosystem’s revenue. To counter this, Ethereum started working on its internal scaling strategies to lessen dependence on external Layer-2 blockchains.
Ethereum-based spot exchange-traded funds (ETFs) also are seeing heavy inflows. December 6 witnessed the tenth straight day of positive inflows with $83.3 million added. This brought the weekly total to $836.7 million, with Fidelity’s Ethereum Fund (FETH) contributing $47.9 million. Ethereum’s price increase of over 10% in the past week, reaching its highest level since March 2024, coincides with this surge in ETF inflows.
Curve DAO’s Market Activity Has Seen A Rise
In 2020, Curve DAO became the first DeFi platform to offer liquidity solutions through automated market makers. The DAO is governed by CRV token holders, who drive innovation and ecosystem growth.
Recently, Curve DAO experienced a 109% price surge, driven by a bullish market following Trump’s unexpected electoral victory. Curve DAO’s partnership with BlackRock could elevate it into the top 50 or even top 30 tokens. Trading activity has climbed 73% to $1.1billion, reflecting high investor confidence. Analysts predict that Curve DAO might soon test and surpass the $2 resistance level.
The market’s positive reaction to pro-business policies and potential deregulation has boosted the appeal of DeFi tokens like Curve DAO. As optimism grows, Curve DAO continues to gain traction among investors.
Lunex Network Offering Professional Traders Advanced Trading Tools
Lunex Network aims to disrupt traditional exchanges with its innovative platform. It connects isolated blockchains, enabling nearly instant swaps across 50,000 assets. This next-generation protocol is designed to redefine the trading experience.
The platform encourages long-term holding by offering $LNEX token holders up to 18% APY through staking rewards. To sustain this model, Lunex Network will redirect a portion of its weekly earnings to buy back $LNEX tokens on the open market. These tokens will be partially redistributed as staking rewards, while the rest will be burned to maintain stability and drive healthy price action.
Lunex Network enhances the trading experience with unique features and perks. A portfolio tracker app helps users monitor positions across multiple asset classes. The premium subscription service, Lunex Pro, offers advanced trading tools and cashback bonuses. Its all-in-one DeFi wallet allows investors to store, buy, swap, and stake crypto with cutting-edge encryption.
Businesses can also benefit from Lunex Network’s B2B payment gateway API. This feature lets enterprises accept cryptocurrency payments and convert them to fiat money. This solution positions Lunex Network as a practical and scalable option for business adoption.
The ongoing presale has already raised nearly $5 Million, with growing demand. Priced at $0.0044, $LNEX tokens present an excellent opportunity for investors, with multiple price hikes expected in the coming weeks.
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork
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