Solana continues to range amid the market-wide recovery, and many whales are starting to sell. Experts believe that once they start taking profits, many will rotate capital into underdog altcoins with massive potential.
One such project is the community-backed DeFi protocol Lunex Network, which could revolutionize the decentralized exchange industry. With the first stage of the $LNEX presale selling out in less than 72 hours, let’s find out why analysts believe Lunex Network could soar by 5,000% in Q4.
Solana Finalizes Key Partnerships, Breakout On The Horizon?
The Solana ecosystem is under continuous expansion in terms of technical progress and new collaborations. Recently, Powerledger integrated with the Solana mainnet, making its POWR token available on Solana alongside its existing ERC-20 version.
Furthermore, the innovative crypto travel service Travala is now leveraging the high scalability and low fees of the Solana blockchain. Users can now book their dream vacation property with SOL tokens.
Moreover, Coinbase announced that it will launch its new wrapped Bitcoin asset, cbBTC, to Solana, following its launch on Ethereum and Base.
Despite this ecosystem growth, Solana is currently oscillating around the $150 level, which almost coincides with the 200-day moving average level that Solana needs to reclaim for a bullish breakout. Today, SOL is priced at $144 with a 6% monthly decrease. Solana is currently consolidating on higher levels, but it will need renewed strength to soar again.
Lunex Network Is Spearheading The DEX Revolution
Lunex Network is a non-custodial multi-chain bridge network connecting isolated blockchains. Users will be able to buy, sell, and swap more than 50,000 different crypto assets with the lowest possible transaction fees. Simultaneously they can also earn up to 18% APY via Lunex Network’s passive income model.
Users aren’t required to expose sensitive personal information or share their private keys to trade. The platform has a strict no-KYC policy and third-party wallets aren’t needed to swap crypto. Individuals can just select the pair they want to trade, input the receiving address, and confirm the transaction. No jumping through hoops, no hassles, just low-cost efficiency.
Lunex Network will grant access to a vast array of features for a seamless and stress-free experience: an exclusive Lunex Network DeFi crypto wallet, a portfolio tracker, and Lunex Network Pro, a premium subscription service with advanced trading tools.
Experts have also highlighted the platform’s star feature: Lunex Network’s revenue-sharing system. On a weekly basis, the platform will reinvest a portion of the profits to buy back $LNEX tokens on the open market, which will then be distributed to the community as generous staking rewards.
Stage 2 of the $LNEX presale has been greenlighted and $LNEX sells for just $0.0012. A massive 18x multiplier is on the cards by the end of the presale alone and a further 5,000% surge is expected post-launch.
Early buyers who take action today will experience incredible gains as the cycle progresses. Join the DeFi revolution now!
You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork