The crypto market is in focus as Ethereum approaches the $5,000 mark. Meanwhile, Solana gears up for another rally, and Lunex Network continues to capture attention with its LNEX token and DeFi ecosystem.
Lunex Network gains popularity with native token and ecosystem benefits
Lunex Network has been gaining popularity since it entered the crypto scene. This new crypto asset is projected to exhibit a bullish trend, primarily because of its rapidly growing ecosystem and significant presale. The major growth factor is its special governance token, LNEX. LNEX holders can earn income by staking their tokens, reaping up to 18% APY. Lunex also employs deflationary tokenomics for long-term market success, offering advanced technologies in the decentralized finance space.
Ethereum nears potential $5k price amid ETF growth
Since July, the BlackRock iShares ETH ETF has attracted $2.6 billion. It recorded its highest daily inflows of $292 million in December, impacting Ethereum's prices positively. Currently priced around $3,900, ETH is expected to reach new heights of $5,000, capitalizing on current market conditions.
Solana may experience even greater gains
Over the past month, SOL's price rose by 19.84%, exceeding $238. Crypto analysts remain optimistic about SOL's growth in December, particularly after analyst Jelle's post on X, highlighting the bullish trend that points to SOL reaching new highs.
The ongoing bull market trend is uplifting investor spirits, especially those holding ETH and SOL. Lunex Network investors also benefit from rising profits due to LNEX token presale.
