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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next
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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next

Sui Could Be Solana’s Biggest Contender Says K33, Lunex Network Is Creating Huge FOMO In The Ethereum Ecosystem

Bitcoinist
by Bitcoinist
11 months ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to K33 analysts, Sui (SUI) is emerging as a major contender to Solana, as it offers innovative features that enhance scalability. Meanwhile, Lunex Network is set to disrupt the Ethereum ecosystem with its groundbreaking exchange and has been dubbed ‘Binance Killer’ by many. Lunex Network’s emergence promises to reshape the future of cryptocurrency trading, outperforming other top exchanges.

Sui (SUI) Achieves New Milestone

Sui (SUI) continues to rise as it reclaims several resistance levels at once. Sui’s current price is $1.64, reflecting a 103% increase over the past month. Sui is consolidating around this level while bulls prepare to target the $2 mark, which is a new all-time high for SUI. 

User activity on Sui’s platform is increasing significantly. Recently, Sui achieved a new milestone, with its Total Value Locked (TVL) reaching $1.19 billion on September 26. This surge in interest shows that Sui is growing rapidly and may become a key player in the Layer-1 space.

Solana (SOL) Set To Hit The $160 mark

Solana has consistently impressed investors with its resilience. After rebounding from critical support levels, SOL’s strong performance has raised expectations for a price spike. The announcement of the Seeker Web3 mobile device significantly boosted Solana, making DApps more accessible and driving a 9% price increase since the news. 

On the innovation side, Play Solana PSG1 has launched as the first portable Web3 console fully built on Solana. This development opens new opportunities for blockchain gaming. Partnerships with Franklin Templeton, Citibank, and PayPal have strengthened Solana’s credibility, especially with PayPal launching its PYUSD stablecoin on the blockchain. 

Traders believe Solana could hit $160 after SOL reached an all-time high of 75 million active addresses in September 2024. 

Lunex Network’s Presale (LNEX) Has Been Grabbing The Headlines This Week

Lunex Network focuses on connecting isolated blockchains into a single exchange with over 50,000 tradable assets. Lunex Network does not require KYC or a third-party wallet. Instead, users can simply request the currency pair they wish to swap and provide a crypto address.

The platform will also offer a branded DeFi wallet and a portfolio tracking service, enabling users to manage their funds easily. Additionally, experienced investors will have the option to access Lunex Network Pro, a subscription service that includes advanced features and tools.

Lunex Network enables businesses to transact using cryptocurrencies or receive crypto payments which are converted to fiat through Lunex Network B2B payment gateway API. Traders can also borrow short-term loans with their digital assets as securities. These loans can be issued in fiat or stable coins such as Tether (USDT).

Lunex Network promises a passive income stream for holders of the $LNEX token. A portion of the platform’s profits will be redistributed to these holders, allowing them to earn up to 18% APY.

Lunex Network is currently in the first stage of its presale, with $LNEX tokens priced at $0.0012. Half of the total $LNEX supply will be available during the presale, and the token value is expected to increase by 18x. After the launch, analysts predict a massive 50x rally, offering significant returns for early investors. Join the exchange revolution before prices rise!

You can find more information about Lunex Network (LNEX) here:
Website: https://lunexnetwork.com
Socials: https://linktr.ee/lunexnetwork

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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